Netflix tests feature that could limit password sharing

Washington: Netflix Inc is testing a feature that asks viewers to verify they share a household with the account holder, the company said, a move that could lead to a clampdown on sharing of passwords. A small number of Netflix users are receiving a message asking them to confirm they live with the account owner […]

CEO of China’s Ant Group steps down

Beijing: The chief executive of Chinese fintech giant Ant Group has stepped down for “personal reasons”, a spokesperson from the Alibaba-affiliated online payment provider said Friday, amid growing regulatory scrutiny. Simon Hu has been replaced as CEO by Ant Group executive Eric Jing, according to the company’s updated website, just months after Chinese authorities pulled […]

Luxury malls are the new car showrooms

China’s electric-car makers are paying top-dollar rents to open showrooms in luxury malls, as they seek to gain an edge in the hyper-competitive market. More than half the malls in Shanghai have at least one electric-vehicle showroom and more are planned, according to real-estate service provider Jones Lang LaSalle Inc. They are now part of […]

Warren Buffett becomes sixth member of $100 billion club

Warren Buffett has been a fixture at the top of the world’s wealth rankings for decades, but in recent years he’s slipped down the list as tech fortunes soared and his hot hand cooled. Now, at 90, his net worth has blown past $100 billion. The Berkshire Hathaway Inc. chairman’s wealth jumped on Wednesday to […]