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Added on the 05/06/2023 17:40:47 - Copyright : Euronews EN
Beijing, Jul 3 (EFE / EPA) .- (Camera: Hong Wu) The shared transport giant Didi Chuxing is under investigation by the Chinese authorities.According to the cybersecurity review bureau statement released on July 2, China ride-sharing giant Didi Chuxing Technology Company is under cybersecurity review based on the National Security Law and Cybersecurity Law.The investigation began two days after Didi raised $ 4.4 billion in the US initial public offering.FOOTAGE OF THE DIDI CHUXING COMPANY HEADQUARTERS IN BEIJING, CHINA.
Netflix CEO Reed Hastings said that Disney+'s ability to cope with the pandemic and release new content is "super impressive." According to Business Insider Hastings is hoping that Netflix can catch up with Disney's family animation content, like "Soul." Netflix said it plans to expand on its 200 million subscribers as it improves it explores new distribution avenues.
On Wednesday, Netflix stock surged as much as 15%. Business Insider reports that the company's fourth-quarter earnings beat forecasts. The video-streaming service added a record 37 million paid subscribers in 2020. Netflix expects to generate enough cash to end its borrowing spree and potentially fund share buybacks.