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On September 20, Oracle (ORCL.N) was in talks with Meta Platforms (META.O) about a cloud computing deal worth approximately $20 billion, further demonstrating that Oracle has become a major infrastructure provider. According to people familiar with the matter, under the multi-year agreement, Oracle will provide the social media giant with computing power for training and deploying artificial intelligence models. Sources said the total commitment amount may increase, and other deal terms may also change before a final agreement is reached. The contract will add icing on the cake to Oracles cloud infrastructure business. Last week, the company reported a significant increase in bookings, pushing its stock price to a record high.British Prime Minister Starmer is pushing for the introduction of digital ID cards and is expected to make an announcement as early as this month at his partys conference.The Dow Jones Industrial Average closed up 172.85 points, or 0.37%, to 46,315.27 on Friday, September 19; the S&P 500 closed up 32.40 points, or 0.49%, to 6,664.36 on Friday, September 19; and the Nasdaq Composite closed up 160.75 points, or 0.72%, to 22,631.48 on Friday, September 19.For the week, the S&P 500 rose 1.22%, the Nasdaq rose 2.21%, and the Dow Jones Industrial Average rose 1.05%.On September 20th, the Dow Jones Industrial Average closed up 172 points, the S&P 500 rose 0.49%, and the Nasdaq Composite rose 0.72%. Star tech stocks showed mixed performance, with Oracle (ORCL.N) rising 4% and Apple (AAPL.O) gaining 3.1%, while Micron Technology (MU.O) fell 3.6% and Intel (INTC.O) fell 3.2%. Among popular Chinese concept stocks, Pony.ai (PONY.O) surged 18%.

Exclusive-Netflix Signs Partnership With Japanese Animation Company in Push For Anime

Haiden Holmes

Apr 27, 2022 09:58

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Netflix is co-producing three feature films with Studio Colorido, including the September release "Drifting Home," as part of its increased investment in original animation. The film will also have a domestic theatrical release.


Netflix has found success with anime in both Japan, where over 90% of users watch it, and globally, where half of users tuned in last year, with competitors such as Amazon (NASDAQ:AMZN) and Disney also racing to offer such content.


"To win globally, we must first win locally," Kaata Sakamoto, Japan's vice president of content, told Reuters in an interview.


Asia-Pacific was the lone bright light in Netflix's first-quarter financial report, which revealed the world's largest streaming service lost members for the first time in more than a decade. The company stated that it is experiencing "impressive growth" in the region, particularly in Japan, where it announced 5 million users in September 2020.


Netflix has a broader audience than the industry's traditional target group of ardent anime lovers, Studio Colorido President Koji Yamamoto told Reuters.


The studio prefers storylines in which humans are ripped from their everyday lives by extraordinary happenings, like as 2018's "Penguin Highway," which follows a primary kid as he explores the unusual apparition of penguins in his town.


This family-friendly programming aligns with Netflix's aim of growing its content offerings in Japan, which includes the introduction of over 40 original anime titles, scripted dramas such as "First Love," and unscripted series such as "Last One Standing."


"We are increasing our commitment in Japanese content, not just in terms of volume, but also in terms of genre and format diversity," Sakamoto explained.


Additionally, Netflix has made arrangements with domestic broadcasters, which have been sluggish to adopt streaming, for material such as Nippon TV's long-running variety show "Old Enough!" The show, which features extremely young children performing errands for the first time while being filmed by disguised production employees, has garnered online attention.