Netflix profits surge after password-sharing crackdown

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Netflix’s operating income surged 54 per cent in the first quarter as it added 9.3mn subscribers worldwide, proving that its crackdown on password sharing has had more lasting benefits than some …

Read more

Are House Republicans finally willing to approve $60bn for Ukraine?

Standard Digital Weekend Print + Standard Digital $75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Everything in Standard Digital Global news & analysis Expert opinion Special features FirstFT newsletter Videos & Podcasts FT …

Read more

Will Make Israel “Regret Its Action” If Force Used: Iran At UN

Iranian minister said its actions were “limited and proportionate”. United Nations: Iranian Foreign Minister Hossein Amir-Abdollahian on Thursday warned that Tehran would make Israel “regret” any attack on his country in response to the Islamic republic’s weekend barrage of missiles and drones. Tehran’s first-ever direct attack on Israel over the …

Read more

DermTech explores strategic alternatives, plans major layoffs

SAN DIEGO – DermTech, Inc. (NASDAQ: NASDAQ:), known for its non-invasive skin genomics technology in precision dermatology, has announced that it is exploring strategic alternatives to enhance stockholder value. The company has engaged TD Cowen to assist in evaluating potential transactions, which may include mergers, acquisitions, sales of assets, or …

Read more

Taiwan’s surging energy prices are a warning for power-hungry American AI companies—and a boon for the biggest chip manufacturer

As American AI companies and data centers continue to proliferate and strain the power grid, TSMC is an example of the energy crunch that could lie in their not-too-distant future. TSMC’s financials are hurting from increased energy costs in the short term. However, its near-monopoly on the most energy-efficient chip …

Read more

GM sees opportunity for hydrogen as diesel alternative

DETROIT — General Motors this year will supply the first medium-duty truck powered by hydrogen fuel cells to a utility company in Georgia as part of a federally funded demonstration project. The pilot vehicle going to electric and gas utility Southern Co. will incorporate the body and frame of a …

Read more

EV makers may have an edge in software-defined vehicles

DETROIT — The industry has a long way to go on the road toward software-defined vehicles, but new entrants that build and sell only electric vehicles have an edge, panelists said at SAE’s World Congress event here. Some automakers “had a cleaner sheet to start with. Some are trying to …

Read more

Pathfinder is having a big year with War of Immortals

Paizo, fresh off a highly-anticipated refresh of Pathfinder’s 2nd edition ruleset, announced some big moves for the game’s ongoing narrative on Tuesday. The War of Immortals meta-event will kill a god, span multiple rulebooks, and restart the publisher’s line of hardcover novels. It will also introduce the first two original …

Read more