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Nintendo Shares Drop Due to Success of Pokémon Go

  •  Published by Pete Nisbet on   July 24, 2016  

Nintendo shares rose sharply after the electronic games giant launched Pokémon Go three weeks ago. Now, after Nintendo announced that the game would not bring the profits expected of it, shares have dropped by almost 18%. Nintendo’s first-quarter earnings release is due July 27, and the compan [...]

Netflix Price Increase Deters Subscribers

  •  Published by Rajesh Namase on   July 19, 2016  

Netflix has admitted that a recent price increase is one likely reason for the company’s growth slowing down to a crawl. Rather than the forecast 2.5 million new subscribers for the three months to June, 2017, only 1.68 million new users have been added. Netflix admits th [...]