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
thanks to the quick action of my administration over the past few days americans can have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that have deposit accounts at these banks can breathe easier knowing they will be able to pay their workers and pay their bills. and their hard working employees can breathe easier as well. last week when we learned of the problems at the banks and the impact they could have on jobs and small businesses and the banking system overall, i instructed my team to act quickly to protect these interests. they ve done that. on friday, the government regulator in charge, the fdic, took control of silicon valley bank s assets and over the weekend took control of signature bank s assets. treasury secretary yellen and the team of banking regulators have taken action. junior doctors in england begin three days of strike action in their dispute over pay and conditions. the
the biden administration approves a controversial oil drilling project in alaska despite fierce opposition from environmentalists no losses will be borne by the taxpayers. the money would come from the fees the bank pays in the deposit insurance fund. junior doctors in england begin three days of strike action in their dispute over pay and conditions and at the academy awards, one film wins almost everything all at once, including best actress the uk s prime minister rishi sunak says china represents a challenge to world order, as it has fundamentally different values. the remark has come ahead of major talks on a defence agreemtment between the us, uk and australia, due to get under way in san diego shortly. here are pictures of president biden that move is seen as an attempt to counter chinese military power in the indo pacfic region. the discussions come as the uk also way in san diego shortly. here are pictures of president biden leaving andrews airbase for those