After mentioning several times that many of their users access the service via password-sharing, Netflix doubles down to end what used to be a very relaxed system.
Tesla’s CEO issued an email declaring the end of remote work in the company, however, his blunt attitude and broad statements have upset a large number of people.
Despite Elon Musk’s tweet showing contempt for the ESG metrics, investors believe Tesla still cares about ESG – even if Musk says otherwise.
Shortly after the Twitter deal was confirmed, Tesla moved from a market cap of slightly above $1 trillion to around $900 billion.
The streaming service is facing increased competition in the on-demand video space and is likely to face major headwinds.
It is not the first time LVMH is pursuing this type of deal. The company has acquired a series of top brands including Celine, Givenchy, and others.