• Hackers Target Disney+
    Bloomberg

    Hackers Target Disney+

    Nov.20 -- Some customers who signed up for Walt Disney Co.’s new Disney+ streaming service have seen their usernames and passwords sold online to third parties and have been locked out of their newly opened accounts. Bloomberg's Chris Palmeri reports on "Bloomberg Technology."

  • How Apple and Disney are challenging Netflix's binge-watching model
    Yahoo Finance

    How Apple and Disney are challenging Netflix's binge-watching model

    Netflix, once the disruptor on the streaming scene, has become the ultimate incumbent. Now competitors like Apple and Disney are challenging its binge-watching model.

  • Why the Disney+ 'hack' shows data is like 'oil' that needs to be secured
    Yahoo Finance

    Why the Disney+ 'hack' shows data is like 'oil' that needs to be secured

    “The issue there is that people tend to use the same password on multiple sites,” Alex Hamerstone, TrustedSec’s GRC practice lead, told Yahoo Finance.

  • Sony in Talks to Buy Stake in Ambani’s TV Network
    Bloomberg

    Sony in Talks to Buy Stake in Ambani’s TV Network

    (Bloomberg) -- Sony Corp. is in talks to acquire a stake in the Indian television network controlled by billionaire Mukesh Ambani, as the Japanese giant seeks to tap booming demand for content in the South Asian nation, according to people familiar with the matter.The Tokyo-based company is currently conducting due diligence on Ambani’s Network18 Media & Investments Ltd. before any possible offer, the people said, asking not to be named as the information is not public. Sony is considering several potential deal structures, including a bid for the company or a merger of its own Indian business with Network18’s entertainment channels, one of the people said.Talks are at a preliminary stage and may not result in a transaction, the people said. Shares of Network18 surged as much as 19% in Mumbai on Thursday, while unit TV18 Broadcast Ltd. jumped 9.7%.While a successful deal may help Sony bolster its local offerings and take on upstart rivals such as Netflix Inc., it will give Ambani access to international content. The Indian tycoon’s wireless carrier, Reliance Jio Infocomm Ltd., has spent almost $50 billion in the past few years on its network to disrupt India’s telecommunications industry and has been luring users by offering local and overseas programming.“Our company evaluates various opportunities on an ongoing basis,” a spokesman for Ambani’s Reliance Industries Ltd., said in an email, declining to comment further. Representatives for Sony in India and Japan didn’t immediately respond to requests for comments.The talks come at a time when competition is heating up for paying viewers in a potentially lucrative market with more than half a billion smartphone users. Streaming companies such as Netflix to Amazon.com Inc. Prime are increasingly offering programs created locally to lure subscribers. Ambani’s Jio, while having the technology platform, is limited by the paucity of content it can stream, making such a deal with Sony crucial.“India is a massive OTT market, and any international OTT play will need to bolster its local strategy,” said Utkarsh Sinha, managing director at Bexley Advisors, a boutique firm in Mumbai, referring to over-the-top or streaming media services. “More partnerships or strategic alliances like this are likely in the next year or so.”Inside the Most Watched YouTube Channel in the WorldReliance Industries, the oil-to-petrochemicals conglomerate, unveiled plans last month to set up a digital-services holding company to fulfill the mogul’s ambitions for an e-commerce platform aimed at taking on the likes of Amazon.com and Walmart Inc.’s Flipkart Online Services Pvt.Sony operates in the South Asian country through Sony Pictures Networks India, which has a bouquet of channels including Sony Entertainment Television, reaching over 700 million viewers in India.TV18 Broadcast owns and operates 56 channels in India spanning news and entertainment. It also caters to the global Indian diaspora through 16 international channels.(Updates with analyst’s comment in seventh paragraph)To contact the reporters on this story: Baiju Kalesh in Mumbai at bkalesh@bloomberg.net;Anto Antony in Mumbai at aantony1@bloomberg.net;P R Sanjai in Mumbai at psanjai@bloomberg.netTo contact the editors responsible for this story: Fion Li at fli59@bloomberg.net, ;Sam Nagarajan at samnagarajan@bloomberg.net, Arijit GhoshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Zscaler (ZS) Gains As Market Dips: What You Should Know
    Zacks

    Zscaler (ZS) Gains As Market Dips: What You Should Know

    Zscaler (ZS) closed the most recent trading day at $46.60, moving +0.82% from the previous trading session.

  • Streaming Cools Off and Gaming Warms Up
    Zacks

    Streaming Cools Off and Gaming Warms Up

    Let's review. Disney+ is killing it and the video game field is about to get more muddy. We've made some smart moves, let's predict the future.

  • Everything Investors Need to Know About Disney+
    Zacks

    Everything Investors Need to Know About Disney+

    Here is everything investors need to know about Disney+ in under 60 seconds...

  • The Zacks Analyst Blog Highlights: Amazon, Apple, Alphabet, Sirius XM and Spotify
    Zacks

    The Zacks Analyst Blog Highlights: Amazon, Apple, Alphabet, Sirius XM and Spotify

    The Zacks Analyst Blog Highlights: Amazon, Apple, Alphabet, Sirius XM and Spotify

  • Zacks.com featured highlights include: CDW, Sony, Applied Materials, Stryker and Lam Research
    Zacks

    Zacks.com featured highlights include: CDW, Sony, Applied Materials, Stryker and Lam Research

    Zacks.com featured highlights include: CDW, Sony, Applied Materials, Stryker and Lam Research

  • Cardlytics, Inc. (CDLX) Hits Fresh High: Is There Still Room to Run?
    Zacks

    Cardlytics, Inc. (CDLX) Hits Fresh High: Is There Still Room to Run?

    Cardlytics, Inc. (CDLX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

  • Alkermes Submits NDA to FDA for Schizophrenia & Bipolar I Drug
    Zacks

    Alkermes Submits NDA to FDA for Schizophrenia & Bipolar I Drug

    Alkermes (ALKS) submits NDA to the FDA seeking approval of ALKS 3831 for the treatment of schizophrenia and bipolar I disorder.

  • Is Smartsheet (SMAR) Outperforming Other Computer and Technology Stocks This Year?
    Zacks

    Is Smartsheet (SMAR) Outperforming Other Computer and Technology Stocks This Year?

    Is (SMAR) Outperforming Other Computer and Technology Stocks This Year?

  • Apple (AAPL) Unveils Latest Apple TV+ Thriller Series Servant
    Zacks

    Apple (AAPL) Unveils Latest Apple TV+ Thriller Series Servant

    Apple's (AAPL) original content portfolio is further strengthened with the addition of the latest Apple TV+ thriller series Servant.

  • Google Launches Stadia, Bolsters Initiatives in Gaming Space
    Zacks

    Google Launches Stadia, Bolsters Initiatives in Gaming Space

    Alphabet's (GOOGL) Google is likely to intensify competition in the game space with the launch of Stadia.

  • Is Sony (SNE) Stock Undervalued Right Now?
    Zacks

    Is Sony (SNE) Stock Undervalued Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • Want To Retire Early? Learn the Intelligent Investing Secret - November 20, 2019
    Zacks

    Want To Retire Early? Learn the Intelligent Investing Secret - November 20, 2019

    Achieving the financial freedom to retire early is a dream for most, but making that dream a reality isn't as tricky as it sounds. If you are willing to make some serious lifestyle changes and sacrifices, it can be possible.

  • Zayo Chosen by Mid-Atlantic Crossroads for Network Solutions
    Zacks

    Zayo Chosen by Mid-Atlantic Crossroads for Network Solutions

    Zayo's (ZAYO) public sector customers in the Ashburn facility and the National Capital Region are transforming their IT infrastructure and migrating to cloud for scalability and cost savings.

  • A Tech Company Now, Disney Has to Tackle Password Thieves
    Bloomberg

    A Tech Company Now, Disney Has to Tackle Password Thieves

    (Bloomberg) -- Some customers who signed up for Walt Disney Co.’s new Disney+ streaming service have seen their usernames and passwords sold online to third parties and have been locked out of their newly opened accounts.Disney said its system hasn’t been hacked and that it’s working to quickly address the issue. It’s possible that hackers obtained the names and passwords from data breaches at other companies.“Disney takes the privacy and security of our users’ data very seriously, and there is no indication of a security breach on Disney+,” the company said in a statement.Disney+ is the company’s effort to build a direct connection to consumers, as many people shift to watching movies and shows on demand rather than on cable and satellite TV. The $7-a-month service launched a week ago and quickly signed up more than 10 million customers, a number far exceeding predictions.Still, the debut was marred by many complaints from customers who couldn’t log on or had trouble watching programs. But the number of gripes collected by the website Downdetector has dropped sharply over the past week and now amounts to just a few dozen.Growing ExposureSpeaking at the Code Media conference in Los Angeles on Tuesday, Disney’s direct-to-consumer chief blamed the initial troubles on faulty coding in the app that the company is working to fix. Kevin Mayer said Disney executives were “very surprised” by the number of people who subscribed.The sign-up process was complicated, he said, because some customers already had subscriptions to Disney services such as Hulu and wanted to add the new one. Many customers also forgot they already has Disney accounts.“Not only was it huge demand, but the complexity,” Mayer said. “If you were a current subscriber, how does it work? Those were legitimate questions.”While Disney has long collected customers’ names and passwords for its theme parks and online games, the expansion into online video on a global basis brings the potential for more technology snafus.ZDNet reported over the weekend that Disney+ users’ accounts were being put up for sale on hacking forums within hours of the service’s launch at prices of $3 to $11 each. Some customers reported they had used old passwords, but others said they hadn’t, according to the website.While there may be few thousand compromised Disney accounts, that’s small compared with the hundreds of thousands of usernames and passwords on the black market hijacked from platforms like Hulu, Netflix and HBO, said Andrei Barysevich, chief executive officer and co-founder of the security firm Gemini Advisory.‘Very Effective’Reusing names and password combinations from previous attacks at other sites can be a “very effective method” for hackers, he said.“This is one of the biggest problems, not just streaming services, but pretty much every e-commerce business has been battling for the last couple of years, because there’s an abundance of compromised emails and passwords on the dark web,” Barysevich said.At Code Media, a conference for media executives, operators of rival services praised the Disney+ launch. David Nevins, chief creative officer at CBS Corp., called the sign-ups “impressive,” while AT&T Inc. President John Stankey said that while Disney+ “was off to a good start,” keeping customers happy and subscribed will be an ongoing issue.“How many of the 10 million customers are there six months from now?” Stankey asked. “It’s managing churn.”(Updates with executive comments starting in sixth paragraph)To contact the reporters on this story: Christopher Palmeri in Los Angeles at cpalmeri1@bloomberg.net;Kiley Roache in New York at kroache@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob GolumFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 5 Important Earnings Charts
    Zacks

    5 Important Earnings Charts

    Earnings season isn't over yet. These 5 companies are on the must-watch list this week.

  • INTERVIEW: TCV Partner Woody Marshall Explains the Key to a Winning Technology Growth Story
    IPO-Edge.com

    INTERVIEW: TCV Partner Woody Marshall Explains the Key to a Winning Technology Growth Story

    Woody Marshall, General Partner at TCV  By John Jannarone Investing in a growth company requires a view that a business can be fundamentally profitable over an extended time horizon. But in some cases, public-market investors simply don’t have the patience to see a business blossom. That’s according to Woody Marshall, General Partner at Menlo Park-Based […]

  • Amedisys, Six Flags Entertainment, Target, Walmart and Disney highlighted as Zacks Bull and Bear of the Day
    Zacks

    Amedisys, Six Flags Entertainment, Target, Walmart and Disney highlighted as Zacks Bull and Bear of the Day

    Amedisys, Six Flags Entertainment, Target, Walmart and Disney highlighted as Zacks Bull and Bear of the Day

  • Has Sony (SNE) Outpaced Other Consumer Discretionary Stocks This Year?
    Zacks

    Has Sony (SNE) Outpaced Other Consumer Discretionary Stocks This Year?

    Is (SNE) Outperforming Other Consumer Discretionary Stocks This Year?

  • Stock Market News for Nov 19, 2019
    Zacks

    Stock Market News for Nov 19, 2019

    Benchmarks closed at fresh all-time highs on Monday as investors mull over signals from U.S.-China trade deal.

  • TransDigm (TDG) Q4 Earnings Beat Estimates, Revenues Up Y/Y
    Zacks

    TransDigm (TDG) Q4 Earnings Beat Estimates, Revenues Up Y/Y

    TransDigm's (TDG) acquisition sales total $407.6 million in fourth-quarter fiscal 2019, mainly coming from Esterline Technologies Corporation.

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more