should have been a positive but wall street was actually expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent some hussein has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again for subscribers, thatis show again for subscribers, that is good, but it s actually much less than what investors were expecting. netflix had come up with a plan to try and crackdown on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up for lost subscribers last year, and netflix had created an and funded streaming service which was chea
expecting the company to have added more paid membership. netflix lost more than 1 million subscribers in the first six months of 2022 and moving forward, the company has also warned of weaker growth in the months ahead. our north america business correspondent samira hussain has the latest. last year, netflix reported not one but two quarters red lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show again in subscribers, and that is good, but it s actually much less than what investors were expecting. netflix had come up with a plan to try and crack down on password sharing and it was meant to rule out in this first quarter but the company decided to hold back until the second quarter of the year. and to try and make up for lost subscribers last year, netflix had created an ad funded streaming service which was cheaper but subscribers would need to sit through adverts. if the company thought left its woes
we speak to the swedish company aiming to make freight more electric and looking to the uk market. the sacked boss of the cbi has told the bbc that he has been made the fall guy for the crisis engulfing the business lobbying group. tony danker apologised to anyone at the organisation that he had upset or made uncomfortable, but said his reputation has been destroyed as the public have wrongly connected allegations against him of sexual harassment with separate charges of serious misconduct that occurred before he joined the cbi. he has been talking to our business editor simonjack. first, simon, iwant first, simon, i want to apologise to anyone at the cbi and i made upset or uncomfortable. that is on me. that is on me. but i ve had a week of coverage saying that tony danker sacked in rape scandal. these stories have been about rape and sexual assault and cocaine and bullying. none of that was anything to do with me and it was all before my time. so, the first thing that has h
Xiaomi, currently the third-ranked smartphone seller in India, has introduced Xiaomi Easy Finance Program (XED), defined as a digital loan disbursal programme for consumers, starting with Redmi 12, a smartphone priced under Rs 15,000.