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Tesla, Netflix Set to Report Earnings as Recession Talk Mounts
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Tesla, Netflix Set to Report Earnings as Recession Talk Mounts

Procter & Gamble Netflix and Tesla highlight a busy coming week of earnings as persistent inflation and climbing interest rates stoke talk of a recession. Consumer healthcare giant Johnson & Johnson tech bellwether International Business Machines and the investment bank Goldman Sachs Group are also slated to release their latest quarterly reports. In addition, investors...

Elon Musk Says SpaceX Can’t Fund Starlink Internet Service in Ukraine ‘Indefinitely’
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Elon Musk Says SpaceX Can’t Fund Starlink Internet Service in Ukraine ‘Indefinitely’

KYIV, Ukraine—Elon Musk said the cost of maintaining Starlink terminals in Ukraine is approaching $20 million a month and SpaceX can’t fund the service indefinitely. The Starlink terminals, produced by Mr. Musk’s Space Exploration Technologies Corp., or SpaceX, have played a crucial role in maintaining Ukraine’s communications during the war with Russia. The terminals are...

Netflix’s Ad-Supported Plan Will Launch in November at $6.99 a Month
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Netflix’s Ad-Supported Plan Will Launch in November at $6.99 a Month

Netflix will charge $6.99 a month for its new ad-supported tier of service when it debuts next month, the company said Thursday, releasing the plan a month before the launch of Disney+’s ad-backed streaming tier and for one dollar less. Netflix said the new tier, called “Basic with Ads,” will initially be available in 12...

TikTok Parent ByteDance Sets Sights on Spotify With Music-Streaming Expansion
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TikTok Parent ByteDance Sets Sights on Spotify With Music-Streaming Expansion

TikTok parent ByteDance Ltd. has begun talks with music labels about expanding its music-streaming service globally to compete with industry leaders including Spotify Technology SA, according to people familiar with the discussions. Significant hurdles remain in the negotiations, the people said, but ByteDance wants the service to eventually be integrated within TikTok and to serve...