Netflix to end online reviews
The streaming service announced it will halt its desktop-only feature that allowed users to read and write reviews on movies and TV shows, CNET reported.
"We have notified members who have used the feature recently," Netflix spokesperson Smita Saran told CNET Thursday, citing a “declining usage” of the feature.
Desire to get ahead in 5G may be a driver in the US-China trade war
While you were sleeping, the Trump administration’s 25 percent tariff on $34 billion worth of Chinese goods kicked in.
The tariff went into effect at midnight EDT on Friday, causing the Chinese government to immediately fire back with retaliatory tariffs.
But 5G technology may be the key driver behind the spat, CNBC reported Friday. The next generation of mobile internet could support new infrastructure like self-driving cars.
“It’s about who is going to define and control the model, the architecture, and the agenda of 5G, and why that matters is because 5G is the deep blue ocean of the cyber domain," Declan Ganley, CEO of communications company Rivada Networks, told CNBC.
Millennials aren’t ditching Starbucks
Despite Starbucks’s slumping shares, millennial investors aren’t letting go of the coffee giant.
According to Business Insider, data from Robinhood, a free trading app used by millennials, shows 3,328 positions were added on the platform over the past week.
That moved Starbucks up one spot to the 22nd most-owned stock on Robinhood, Business Insider reported.
The end of Samsung’s record-earnings streak
Samsung, the world’s largest smartphone maker, reported Friday that operating profit for June is expected to be down from the previous quarter.
The company is expected to come in at 14.8 trillion won ($13.2 billion), down from the previous quarter’s 15.6 trillion won ($14 billion).
The June report marks an end to the company’s record profits for every quarter in the past year.
News on Open Source is free and unlimited. Access to the rest of 512tech.com comes with an American-Statesman digital subscription, which also includes myStatesman.com and the ePaper edition. Subscribe at statesman.com/subscribe.