financial

Hulu is about to raise prices, but only for some subscribers

Hulu is about to raise prices, but only for some subscribers

If you're a Hulu subscriber, there's a good chance your rate will increase next month when the company increases prices for two of its plans. The news comes only weeks after competitor Netflix announced its own price increase, underscoring the increased costs of streaming entertainment as traditional cable television loses subscribers.

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Apple reveals record Q4 2020 revenue despite pandemic

Apple reveals record Q4 2020 revenue despite pandemic

Apple has announced another quarterly earnings record, stating that it raked in $64.7 billion in revenue during the fiscal quarter that ended on September 26, 2020. The record quarter was achieved despite the pandemic, which has resulted in widespread unemployment, concerns about long-term economic depression, and a general decrease in consumer spending.

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Lyft just made it much easier to split your ride fee with friends

Lyft just made it much easier to split your ride fee with friends

If you're using Lyft, there's a good chance you're catching a ride with friends. Until now, splitting the fare typically involved one person paying for the trip and the other people reimbursing them with their share of the fee, a time-consuming and somewhat convoluted method. Lyft's newly added Venmo support changes that, making it very simple to split the cost of a ride.

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Instacart teams with ALDI to pilot EBT SNAP same-day grocery option

Instacart teams with ALDI to pilot EBT SNAP same-day grocery option

On-demand delivery service Instacart has announced a new partnership with ALDI that brings same-day grocery deliveries and pickups to EBT SNAP recipients, giving them access to a safer, more convenient -- and in some cases, vital -- service. The support will be rolling out to ALDI stores in select markets soon with additional markets added in the near future, eventually totaling more than 570 grocery stores.

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Venmo’s credit card is finally here with an interesting rewards system

Venmo’s credit card is finally here with an interesting rewards system

Around this time last year, Venmo announced it planned to release a credit card. After that, the company went more or less silent about its credit card plans, but today Venmo finally broke that silence. Venmo is now rolling out its credit card to select customers in the US, and what might help it stand out from the crowd is the way its handles cash back rewards.

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CVS Pharmacy taps PayPal and Venmo to offer touch-free payments

CVS Pharmacy taps PayPal and Venmo to offer touch-free payments

CVS Pharmacy has tapped PayPal and Venmo to offer touch-free payments in its stores, the companies have announced. There's an obvious reason for using contactless payments -- you don't need to expose yourself to someone else's germs in order to pay for your goods, something particularly important during the coronavirus pandemic. The new checkout 'experience' is coming to more than 8,000 stores across the US.

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Apple reports record Q3 2020 revenue numbers despite pandemic

Apple reports record Q3 2020 revenue numbers despite pandemic

Apple has announced its third-quarter financial results for the 2020 fiscal year, revealing multiple new June quarter records for the company. Sales of Apple's most popular consumer devices were up across the board, with Apple ultimately saying that it experienced double-digit growth across its Products and Services segments. The financial quarter ended on June 27, 2020.

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Boeing gets $1.2bn USAF contract to make first F-15EX fighter jets

Boeing gets $1.2bn USAF contract to make first F-15EX fighter jets

The United States Air Force (USAF) has awarded aerospace company Boeing a contract valued at nearly $1.2 billion, requesting that it build the first eight F-15EX advanced fighter jets for its future fleet. The private company has already started work on the first two of these eight jets, according to Boeing, which says it is building the vehicles at its F-15 fighter jet facility in St. Louis.

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Instacart finally addresses tip baiting with threat of bans

Instacart finally addresses tip baiting with threat of bans

Following widespread criticism of the practice, Instacart is taking steps to protect its shoppers from 'tip baiting,' the practice of dangling a big tip, then revoking it once the groceries are delivered. It will still be possible for customers to stiff shoppers when it comes to tipping, but things will be more tricky going forward and problematic customers won't stay on the platform for long.

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Netflix acquires Hollywood’s historic Egyptian Theatre built in 1922

Netflix acquires Hollywood’s historic Egyptian Theatre built in 1922

Netflix has officially acquired Hollywood's iconic Egyptian Theatre following reports of its interest in the business nearly a year ago. Netflix will renovate the theater and use it for special screenings, among other things, breathing new life into the facility. American Cinematheque, the nonprofit organization that reopened Egyptian Theatre in 1998, will reportedly work alongside Netflix.

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Walmart quietly reveals plan to shut down online shop Jet.com

Walmart quietly reveals plan to shut down online shop Jet.com

Only a few years after acquiring the company, Walmart has quietly announced plans to shut down the online retailer Jet.com. The revelation was nestled within Walmart's newly published quarterly financial results, with the company noting that it will 'discontinue' Jet due to the 'continued strength of the Walmart.com brand.' Walmart had paid $3 billion to acquire the company.

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Apple set new all-time and quarterly records in Q2 2020 despite pandemic

Apple set new all-time and quarterly records in Q2 2020 despite pandemic

Apple has announced the financial details for its second fiscal quarter, reporting that despite the coronavirus pandemic and resulting economic downturn, the company set new all-time and quarterly revenue records. The quarter, which ended on March 28, pulled in $58.3 billion in revenue, a one-percent jump over the same quarter last year. International markets drove the sales during this quarter.

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