Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama “The Crown” and David Fincher’s original film, “The Killer.”The company reported it added 13.1 million subscribers in the December quarter, its largest fourth-quarter subscriber growth ever, handily exceeding projected gains of 8.97 million. That brings the total number of subscribers to 260 million.Netflix reported per-share e ...

Johnson & Johnson on Tuesday said it had reached a tentative settlement to resolve probes by states into whether it misled consumers about the safety of its talc products, which thousands of lawsuits claim can cause cancer.The deal includes 42 states and Washington, DC. The company tentatively agreed to pay about $700 million to settle the states’ claims, according to the Wall Street Journal.“Consistent with the plan we outlined last year, the company continues to pursue several paths to achieve a comprehe ...

News outlets are experiencing major losses in visitor traffic – and hits to their revenue – as Facebook and Instagram parent Meta pivots away from the news business, according to a report.Despite its massive base of more than three billion users, Mark Zuckerberg’s social-media apps accounted for just 33% of overall social media traffic by page views for major news sites in December, CNBC reported. That was down from 50% in the same month one year earlier, according to traffic analytics firm Chartbeat’s ana ...

Procter & Gamble’s price hikes boosted its earnings in the latest quarter, the company reported Tuesday, indicating that inflation-battered consumers haven’t turned away from the company’s higher-priced household items.Aside from price increases largely fueling sales growth, shoppers also bought more products across P&G’s beauty lines and health and family care offerings.P&G said that its organic sales rose 4% in the second quarter of its 2024 fiscal year compared to the same period in 2023. The sales metr ...

Google News searches turn up AI-generated articles that brazenly steal from legitimate media outlets – and The Post has already identified at least one such ripoff of its own published work.Late last week, The Post tested Google News by searching for recent articles about Federal Trade Commission nominee Melissa Holyoak and sorting the results by most recent date of publication.The Post’s exclusive Jan. 8 story about Holyoak was listed lower in search results than a nearly identical ripoff – published by a ...

Google-parent Alphabet will reportedly lay off dozens of workers in a secretive division that develops new technology as part of the search giant’s broader cost-cutting push.In recent months, the division, called X Lab, has been in talks with venture capitalists, sovereign wealth funds and private equity firms on funding, people familiar with the matter told Bloomberg.Getting outside funding would allow X Lab projects to be spun out more easily, functioning as independent startups with support from Alphabe ...

Google boss Sundar Pichai identified “durable cost savings” among the tech giant’s key goals in 2024 – even after the company spooked some employees by teeing up renewed rounds of layoffsThis month, Google has already confirmed layoffs across multiple parts of its empire – including several hundred job cuts on its ad sales team and more than 1,000 combined workers in other units, including its core engineering team and the hardware division responsible for devices such as the Pixel, Nest and Fitbit.The com ...

Morgan Stanley’s board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank’s chief executive $37 million.On top of his $1.5 million base salary, Gorman received a cash bonus of just under $9 million, according to a regulatory filing Friday reviewed by Bloomberg.Three-fourths of the 65-year-old bank boss’s bonus will be paid in deferred stock over the course of three years, per the filing, Bloomberg reported.Gorman’s compensation marks a 17% i ...

Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company’s shareholder meeting in May.This is the first time Exxon is seeking to exclude a shareholder proposal by filing a complaint in court.It says the investors are “driven by an extreme agenda” and that adopting stricter emission goals would be detrimental to its business and share value.Investors led by Arjuna Capital and shareholder activist group F ...

The US Centers for Disease Control and Prevention warned against some more brands of charcuterie meat sold at Costco and Sam’s Club as the agency expands a probe into a multi-state salmonella outbreak.The CDC, in an updated post on Thursday, asked people to throw away all the packs of Fratelli Beretta’s Antipasto Gran Beretta charcuterie meat bought at Costco and Busseto’s Charcuterie Sampler bought at Walmart’s Sam’s Club.This follows the CDC’s warning on Jan. 5 against eating Busseto brand Charcuterie Sam ...