Site last updated: Friday, July 17, 2026

Log In

Reset Password
Butler County's great daily newspaper

In Brief

Netflix subscriber growth slowsSAN FRANCISCO — Netflix is running into trouble as the internet video service wrestles with slowing U.S. subscriber growth and an ambitious international expansion amid stiffening competition.Netflix only added 160,000 U.S. subscribers from April through June. That’s the lowest U.S. customer gain that the company has posted during that three-month period since splitting up its video-streaming and DVD-by-mail services.Management blamed the disappointing performance on cancellations by subscribers facing price increases of as much as $2 per month with the expiration of a two-year freeze.

Sprint owner’s big post-Brexit dealTOKYO — Japanese technology company SoftBank Group Corp. is buying Britain’s ARM Holdings $32 billion, in a deal the British government hailed as a vote of confidence in the country following last month’s vote to leave the European Union.The recommended cash deal underlines the desire of SoftBank, which also owns struggling U.S. telecommunications company Sprint, to expand in the so-called “Internet of Things” — how home devices can connect online and work in sync.ARM is renowned as an innovator in this field; its technology is used in the vast majority of smartphones, for example.

Restaurants agree to block Wi-Fi pornCHICAGO — McDonald’s and Starbucks are implementing filtering technology that blocks customers using Wi-Fi from accessing pornography sites.The move follows a campaign from anti-pornography groups Enough is Enough and the National Center on Sexual Exploitation to demand the chains filter out pornography.McDonald’s says that Wi-Fi filtering has been activated in the majority of its nearly 14,000 restaurants nationwide. Starbucks says it is implementing filtering once it can find a system that “also doesn’t involuntarily block unintended content.”The National Center for Sexual Exploitation says chains such as Chick-fil-A and Panera Bread already block porn on Wi-Fi.

Yahoo reports another big lossSAN FRANCISCO — Yahoo’s latest earnings report managed to beat Wall Street’s limited expectations for revenue in the April-June quarter. But after subtracting commissions paid to its partners, Yahoo said its revenue fell 19 percent from a year earlier, while its loss widened to $440 million.Yahoo also reported Monday that it’s writing down $482 million in charges related to the declining value of Tumblr, the social-blogging service that Yahoo acquired for $1.1 billion in 2013. Combined with an earlier write-down of $230 million, that indicates Tumblr’s value has plunged by almost two-thirds.

More in Business

Subscribe to our Daily Newsletter

* indicates required
TODAY'S PHOTOS