Source: Sky News
Lebanon’s health ministry said an Israeli drone strike in the south killed one person on Saturday, the latest deadly raid despite a more than two-week ceasefire between Israel and Hezbollah.
Saturday, December 14, 2024
The Lebanese Army has begun implementing United Nations Security Council Resolution 1701 and related government-approved decisions in the region south of the Litani River, security sources told Nidaa Al-Watan.
Saturday, December 14, 2024
A severely hobbled Hezbollah was in no position to help defend former Syrian President Bashar Assad, a longtime ally, from the lightning-fast insurgency that toppled him. With Assad gone, the militant group based in Lebanon is even weaker.
Sunday, December 15, 2024
The fall of Assad’s Baathist regime was met with widespread jubilation among Lebanon's various communities, especially its Sunni, Christian and Druze, but trepidation among many Shias, whose political leadership relied on Baathist cover and support. Baathist Syria had played a major role in Lebanon, intervening in the country's civil war, occupying the country in the post-war period, and manipulating Lebanon's political landscape to benefit its political and economic interests. Though it was ousted from the country in 2005 following a mass uprising that blamed Damascus for the assassination of former Prime Minister Rafik al-Hariri, the Syrian regime continued to maintain influence in the country through its allies and supporters.
Friday, December 13, 2024
Former Formula 1 team owner Eddie Jordan has revealed he is fighting an "aggressive" battle with cancer.
Friday, December 13, 2024
Superstar football player Cristiano Ronaldo said the FIFA men’s World Cup that will be held in Saudi Arabia in 2034 will be “the best World Cup ever.”
Thursday, December 12, 2024
Wednesday 21 July 2021 11:47:35
Netflix has confirmed it is moving into video games as it reported a sharp slowdown in subscriber growth.
The streaming giant - known for series such as Bridgerton and The Crown - said games would be available for paying customers at no extra cost with an initial focus on games for mobile devices.
Netflix disclosed the much-anticipated move as it reported the addition of just 1.5 million subscribers in the April-June quarter, the slowest growth for eight years though ahead of its own forecast of 1 million.In the same period a year ago it added more than 10 million customers and for 2020 as a whole signed up 37 million as the pandemic prompted a surge in demand from consumers spending much more time at home.
The breakneck expansion was always expected to slow and in the latest quarter, with subscriber numbers in North America and Canada even seeing a rare decline of 430,000.
Netflix said the pandemic had resulted in "unusual choppiness" in its growth and forecast a better third quarter, with 3.5 million subscribers expected to be added - though that number was shy of Wall Street expectations.
Though growth slowed, the company now boasts 209 million subscribers and chalked up revenues of $7.3bn (£5.4bn) for the latest quarter, $1.2bn (£0.88bn) higher than a year ago, while profits climbed by 88% to $1.35bn (£1bn).
Netflix said its move into gaming represented a new content category "similar to our expansion into original films, animation and unscripted TV".
Executives said it would be "relatively small" to start off, with games tied to Netflix hits.
Chief operating officer Greg Peters said: "We know that fans of those stories want to go deeper. They want to engage further."
Netflix has previously dabbled in video games with a few titles linked to series including Stranger Things and The Dark Crystal: Age Of Resistance.
Co-chief executive Reed Hastings said gaming and other ventures such as podcasts and merchandise sales will be "supporting elements" to help attract and retain customers to its core business of streaming video.
Sophie Lund-Yates, senior equity analyst at Hargreaves Lansdown stockbrokers, said: "A foray into the world of gaming might simply sound like a nice idea, but it's an important next step in Netflix's efforts to keep our eyes on its screens.
"Netflix's engine drivers need some grease.
"People rushed to sign up during the pandemic, but now things are returning to normal, that source of extra horsepower is no more, and means the group added its lowest number of new subscribers in years last quarter.
"A very high proportion of younger people already have a Netflix subscription, so getting them hooked on games, by leveraging its original content is a potential stroke of genius."
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