reporting that it added million subscribers in the first three months of this year. that sounds like good news, doesn t it? last year the company lost subscribers the final six months. but, wall street was expecting it to have added 3 million subscribers. last year netflix reported not one, but two quarters where it lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show a gain in subscribers. that is good. but, it is actually much less then what investors were expecting. netflix have come up with a plan to try and crack down on password sharing. it was meant to roll out in this first quarter, but the company decided to hold back until the second quarter of the year. and to try to make up for lost subscribers last year, netflix created an ad funded streaming service which was cheaper, but subscribers would need to sit through adverts. if the company thought it left its woes in 2022, it seems that this earnin
And some of that shift of the benefit and some of that shift of the benefit to countries like india benefit to countries like india. , benefit to countries like india. 3 , . india. let s stay with the tech editor because india. let s stay with the tech editor because european - editor because european countries have reached a provisional agreement on a plan to boost a semiconductor industry to compete with the united states and asia. the deal was announced by sweden which currently leads the european council. the european ships act will involve billions of dollars worth of investment in the development and production of advanced semiconductors. the chips are used in a wide range of technological products from cars to phones to supercomputers and spacecraft. united airlines have reported a loss for the first three months of this year, but says, with summer travel around the corner things are looking up. let s bring in our business reporter katie who has been following the story.