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This week Nintendo's Super Mario Maker 2 brings the series to the Switch. Gamers can also check out Samurai Shodown , while Democratic presidential candidates take over NBC for two nights. Netflix has a ton of releases headed our way including the Thom Yorke/ Paul Thomas Anderson collaboration Anima , and a new anime series 7Seeds that's just in time to follow Evangelion . Also, it's just added Sony's animated Spider-Man movie , Into the Spider-Verse . Starz kicks off its new series The Rook , while MTV has a new season of Are You the One? Look after the break to check out each day's highlights, including trailers and let us know what you think (or what we missed).
NBC has just announced that they will pull the plug on "The Office" by removing all nine of its seasons from Netflix starting by the year 2021. The show will then belong to NBC Universal's streaming service which launches in 2020.
General Mills, Target, Apple, Southwest Airlines and Netflix are the companies to watch.
, will be removing The Office from Netflix at the end of 2020 (when an existing deal ends) and putting it on an ad-supported NBC streaming service that launches next year. The service will reportedly be free to subscribers of traditional pay-TV services, provided an agreement is reached with a particular pay-TV provider, and (though it seems unlikely that many cord-cutters will take up this offer) will be available for $10 per month to cord-cutters.
Moody's Investors Service ("Moody's") today placed Eldorado Resorts, Inc. (ERI) ratings on review for downgrade in response to the company's announcement that it entered into a merger agreement with Caesars Entertainment Corporation (CEC) for total consideration of $17.3 billion.
(Bloomberg) -- Huawei Technologies Co. stole trade secrets from a company co-founded by a former employee, a U.S. jury said Wednesday as it rejected claims that China’s largest technology company was the real victim in the dispute.The jury in Sherman, Texas, said Huawei didn’t benefit from the theft and awarded no damages to the startup, CNEX Labs Inc. Still, the verdict following a three-week trial could provide ammunition to critics who say Huawei doesn’t play by the rules in the global technology playground.Huawei and CNEX had each accused the other of stealing inside information regarding data storage. The eight-person jury heard testimony involving dueling tales of intrigue, disloyalty and corporate espionage. The trial featured an inside look at the Chinese maker of smartphones and networking gear, as well as the sometimes cutthroat battle over highly skilled employees with the talent to develop the next generation of technology.Overshadowing the case is Huawei’s position firmly in the middle of the trade conflict between the U.S. and China, with President Donald Trump seeking to sharply curtail the company’s ability to do business. In the U.S., Huawei is fighting a criminal indictment that accuses it of stealing critical phone-testing technology from T-Mobile US Inc.The trial in Sherman, about an hour north of Dallas, marks a rare instance in which Huawei has accused a former employee of stealing secrets.The dispute concerns solid-state drives, which are made up of chips called Nand flash memory that store information on semiconductors. They access data much more quickly than traditional magnetic disk-based technology.For CNEX, its reputation and relationships with technology companies like Microsoft Corp. were at stake. The company is working to develop a method to make the drives faster and cheaper, a crucial need when it comes to storing and retrieving the massive amounts of data kept on cloud storage.“Because we are a new business without revenue or profits, the jury was not able to award CNEX any money damages,” Matthew Gloss, general counsel for CNEX, said in a statement following the verdict.“This case was never about the money,” he said after the hearing. “The case was about saving the company.”Huawei lawyers at the trial had no comment and company officials didn’t immediately respond to queries seeking comment. The jury said that Huawei, but not its U.S. research unit Futurewei Technologies Inc., had stolen CNEX trade secrets. The jury found that CNEX had not proved that either of the companies were “unjustly enriched.” Gloss said it was because CNEX was able to get its product sample back quickly.Founded StartupCNEX was founded in 2013 by two former Marvell Technology Group Ltd. executives and researcher Yiren “Ronnie” Huang, whose previous job at Futurewei in California was at the heart of the trial.Huawei claimed that Huang had wanted to set up his own business but couldn’t get backing so joined Futurewei in 2011. While there, according to Huawei, Huang used a team to develop new technology for the storage devices and then left the company to help start CNEX three days later. There, he and other CNEX founders claimed Huawei’s ideas as their own and poached other Huawei employees, Huawei claimed.The jury found there were no Huawei trade secrets in the case. CNEX had argued that anything Huawei claimed was secret was actually public information.Huang, who is on leave from CNEX, said he came up with the ideas long before joining Futurewei, and left when he realized the company didn’t have much to offer.The jury found that Huang was in violation of his employment agreement’s patent application disclosure provision, but that Futurewei wasn’t harmed by that failure. Huawei had said Huang began seeking patents in the months after joining CNEX, and told the jury it was based on work he had done at Futurewei.CEO TestifiedCNEX Chief Executive Officer Alan Armstrong said he asked Huang to help found CNEX after being introduced by a mutual friend because of Huang’s work with other companies. Any former Huawei employees who joined CNEX did so because they were “very unhappy where they were working and wanted to come to a startup,” Armstrong told the jury.CNEX contends that Huawei posed as a potential customer to get secret details of its plans and, when that didn’t work, persuaded Xiamen University to work as a research partner with CNEX so it could surreptitiously turn over plans.District Court Judge Amos Mazzant, who presided over the trial, also is overseeing a Huawei lawsuit against the U.S. government. The company is asking Mazzant to rule that a ban on federal agencies and contractors buying its gear is unconstitutional.The case is Huawei Technologies Co. v. Huang, 17-893, U.S. District Court for the Eastern District of Texas (Sherman)To contact the reporters on this story: Susan Decker in Washington at firstname.lastname@example.org;Dennis Robertson in Sherman, Texas at email@example.comTo contact the editors responsible for this story: Jon Morgan at firstname.lastname@example.org, John Harney, Robert JamesonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
ANSYS (ANSS) inks deal with AVSimulation to accelerate the development of autonomous vehicles with the aid of latter's expertise in simulation technology.
Microsoft (MSFT) brings Personal Vault security feature to OneDrive and announces monthly subscription plans to provide users with extra storage facility.
Netflix (NFLX) has been generating negative FCF (free cash flow) for several quarters as it invests aggressively in high-quality original content to grow its subscriber base.
Films that are released in theaters on the same day and date as other distribution platforms will not be eligible for the DGA’s top film award.
The media giant is paying a Netflix price for reruns of "The Office," but it doesn't have Netflix's audience.
Wolfe Research managing director Marci Ryvicker believes that Netflix’s (NFLX) subscriber count could double by 2024, with the company reaching ~36% of the estimated 850 million available broadband homes worldwide.
Wedbush Securities technology analyst Daniel Ives said though the DOD's JEDI contract has been alleged to unfairly favor Amazon Web Services, Microsoft’s Azure Government Cloud has closed the gap.
Several new players are entering the streaming industry. On June 20, Wolfe Research initiated coverage of Netflix (NFLX) stock with an “outperform” rating and a $442 price target.
On Wednesday morning at around 9:02 a.m., Benzinga Pro subscribers were alerted to a purchase of 1,159 Stars Group call options at an $20 strike price that expire Nov. 15. The calls were purchased at the ask price of 94.7 cents and represent a $109,757 bullish bet that Stars Group shares will trade above $20.94 in less than five months' time. This second trade represented a $82,700 bullish bet on Stars Group.