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Will Netflix Once More Change Its Rates? Critics Believe This.

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Netflix

(VOR News) – The subject of whether Netflix plans to raise the cost of its streaming memberships has come up again as the company approaches its third-quarter results.

In the United States, Netflix charges $6.99 a month for its ad-supported subscription. The service has monthly fees of $15.49 for the Standard tier and $22.99 for the Premium tier. There are no adverts on either choice.

The streaming giant raised the price of the Premium tier and the now-canceled Basic plan for US customers in the fall of the previous year, which was the most recent price rise.

Netflix subscription costs rose in France and the UK simultaneously.

In a research report released on October 9, Oppenheimer & Co. predicted “a premium pricing escalation for additional regions, and notably, an 8%-15% rise in the Standard plan.”

According to the company’s representative, Jason Helfstein, the price of Netflix’s Standard plan in the US hasn’t changed since January 2022, when it was raised by $1.50.

The NFLX Standard Plan was 53% more expensive than its rivals in January 2022; this has since dropped to 4%. He pointed out that the pricing of the plans is currently 18%, 9%, and 3% less in the US than those of Hulu, Max, and Disney+, respectively. “Additionally, a 15% increase corresponds to a 23% discount on the Premium plan, consistent with the historical average.”

According to Helfstein, “Robust third-quarter viewership and the fourth-quarter content lineup, featuring the NFL, should further mitigate churn risk.”

In order to account for the potential for an increase, Oppenheimer raised its estimates by 2% for the average revenue per member for the fourth quarter and fiscal year 2025.

Senior media tech analyst Tim Nollen of Macquarie US Equity Research increased his target price for Netflix on Friday. “He expressed confidence in the long-term viability of its advertising tier, supported by sports content and prospective price hikes,” according to a study he conducted.

Nollen changed his mind and decided to raise his goal price. Before the third-quarter results were revealed, the memo offered information about media technology companies.

The analyst predicts that there might be a spike in American subscribers soon.

According to Macquarie’s research study, Netflix has a lot of pricing power because it hasn’t raised the price of its regular tier since January 2022, but both Hulu and Max have increased in price relative to Netflix’s basic plan.

“Netflix can also reduce churn, as it offers the most affordable video streaming service at $6.99 with no advertisements, demonstrating its compelling price-to-value ratio.”

Executives from Netflix have told investors and analysts that the firm takes into account metrics like participant engagement, member retention, and member acquisition when deciding when to raise membership fees.

Netflix co-CEO Gregory Peters said earlier this year that the company did not raise subscription prices during the campaign because it saw the company’s efforts to prevent password-sharing as a “substitute price increase”.

The previous year, Netflix started to strictly limit account sharing to people living in the same house. As a result, those who did not live in the same house had to either purchase a new membership or sign up as a “extra member” on an already-existing subscription account.

They cost $7.99 more a month in the US, but the “extra members” have increased the streaming behemoth’s customer base and earnings.

“We provide various pricing options to enable consumers to choose a plan that most appropriately aligns with their circumstances and requirements,” the company claims on its website. “We provide a range of pricing alternatives for consumers.”

This enables us to make service improvements to improve our members’ experiences. In addition, we constantly modify the prices. In order to improve our understanding of customer demand, we also assess different pricing tactics, such as offering different plans and price points.

More than 190 nations around the world have access to Netflix and its content on its website.

SOURCE: FBN

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Intel Products May Be Subject To Security Evaluation In China.

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Intel

(VOR News) – The Cybersecurity Association of China (CSAC) has alluded to the possibility that American chipmaker Intel may be subject to a security inspection in China.

The CSAC’s official website was the source of this information, which was gathered from there.

Concerns have been raised by the group regarding the possibility that the items that Intel creates could put China’s national security and interests in jeopardy. This is a concern that a significant number of people in the group have.

A major ally of the Chinese government, the China State Security Council (CSAC), has made their accusations public on WeChat by means of an official post. This was done in order to draw attention to the allegations.

In reaction to this action, it is likely that the Cyberspace Administration of China (CAC), which is the most important internet regulator in the nation, will initiate a formal security evaluation. This is a possibility.

Intel and the CAC have not responded to the story.

“In order to effectively safeguard China’s national security as well as the legitimate rights and interests of Chinese consumers, it is recommended that a network security review be initiated on the products Intel sells in China,” according to the report that was released by the CSAC.

A situation that is analogous to the one that is currently taking place occurred during the time that the CAC prohibited local key infrastructure providers from obtaining products from the American memory chipmaker Micron Technology. This situation is currently going place.

The occurrence of this occurred place after the conclusion of a network security examination that was not carried out in the acceptable manner.

Given that China was responsible for more than 25 percent of Intel’s sales in the previous year, the revenue of the corporation may be significantly impacted in the event that it were to be subjected to constraints and an inspection of a similar type. This is because China was responsible for more than 25 percent of Intel’s sales.

Within the context of the bigger backdrop, this new development takes place within the context of the larger framework of the United States’ restriction of China’s access to essential components and equipment for chipmaking.

When viewed from the perspective of the government of the United States of America, these limits are legitimate because they are a means of preventing China’s military capabilities from developing further through additional development.

According to CSAC, Intel CPUs have several vulnerabilities.

The Xeon processors, which are utilized for applications that are related to artificial intelligence (AI), are particularly susceptible to these flaws.

Intel “has major defects when it comes to product quality, security management, indicating that it is extremely irresponsible attitude towards customers,” according to the association’s website.

In addition, the Cyber Security and Counterintelligence Center (CSAC) is of the opinion that backdoors connected to the National Security Agency (NSA) of the United States can be discovered in the operating systems of all central processing units (CPUs) manufactured by Intel.

It is probable that China’s supply of artificial intelligence processors would become even more risky if Intel goods were to be restricted, even for a short period of time. This would be the case even if the restrictions were only for a short length of time.

As a result of the cutting-edge technologies that NVIDIA has created, the market is having a tough time identifying legitimate alternatives to these technologies. These products are now not allowed to be sold to China, despite the fact that NVIDIA is the market leader in this particular sector of the business.

The story that was previously published by an independent media outlet and titled “Intel products face potential security review in China” was initially written by Verdict, a brand that is owned by GlobalData. With regard to the aforementioned content, Verdict was the original author

SOURCE: YFN

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The Meta Foundation Launches a New Anti-Sextortion Campaign on Instagram.

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Meta

(VOR News) – Meta has announced that Instagram will launch a new campaign on Thursday aimed at assisting parents and teenagers in preventing sextortion and countering financially motivated criminals who exploit young individuals.

The initiative will also assist in combating fraudsters who exploit young individuals.

“Sextortion is a heinous crime in which financially motivated scammers prey on young adults and teenagers globally, threatening to disclose their intimate images unless their demands are met,” Meta declared in a statement released on Thursday.

“Today, we are unveiling new initiatives in our battle against these offenders, including an educational campaign aimed at informing adolescents and parents about identifying sextortion scams and the appropriate actions to regain control if targeted by such schemes.”

Meta tested nudity protection, now it’s global.

Moreover, screenshots of specific photographs are prohibited in direct messages, and the lists of followers and followers are obscured from possible sextortion perpetrators.

Sextortion is the act of extorting funds from minors by threatening to publicly disclose their private images. Con artists deceive victims into transmitting images via email.

The substantial rise in sextortion schemes has inflicted considerable distress on children and adolescents; from 2021 to 2023, complaints related to internet enticement surged by over 300 percent. John Shehan, Senior Vice President of the National Center for Missing and Exploited Children, stated, “Campaigns like this provide essential education to assist families in early recognition of these threats.”

Meta includes a link to the Take It Down Tool, developed by NCMEC, which aids in preventing the online distribution of private pictures. The film is intended to assist teens impacted by sextortion schemes.

The film will be watched on Instagram by millions of adolescents and young adults in the United States, the United Kingdom, Canada, and Australia.

Meta announced the removal of 820 profiles associated with Yahoo Boys and 800 Facebook groups from the network in the past week. Meta reports that the gang said they were endeavoring to organize, recruit, and train fresh sextortion scammers.

Due to their classification as a possibly hazardous group, Yahoo Boys are prohibited from engaging in Meta’s policies. To combat sextortion, Meta has collaborated with prominent young producers to enhance awareness of the associated risks.

The authors are scheduled to participate in a campaign against sextortion.

In alignment with the anti-sextortion program, Meta’s applications have been enhanced with new safety features aimed at safeguarding underage users against sextortion.

These encompass adolescent accounts that feature inherent protections and limitations on the maximum number of contacts. Adolescents under the age of 16 cannot modify these safeguards without parental consent. Meta said Thursday that private chat users cannot capture or record fleeting photos or videos.

“This indicates that when an individual transmits a photo or video via Instagram DM or Messenger utilizing our ‘view once’ or ‘allow replay’ feature, they need not be concerned about it being screenshotted or recorded within the application without their permission.”

A trait that can inhibit exposure on Meta, which underwent testing in April, will soon be universally accessible. The feature obscures images classified as nudes in direct messaging on Instagram and is enabled by default for users under 18 years of age.

A 24/7 Crisis Text Line will provide discreet mental health support for sextortion-related issues.

Meta is testing new safety notifications for Messenger and Direct Messages that inform adolescents if they are interacting with someone situated in a different country.

Meta announced, “We are consistently enhancing our methods for identifying scammers, eliminating their accounts, and preventing their return.”

In July, Meta terminated 63,000 Instagram accounts of Nigerian users to combat sextortion. Moreover, Yahoo Boys, a loosely affiliated collective of hackers primarily based in Nigeria, were alleged to be managing Facebook pages, groups, and accounts on the social networking platform

SOURCE: UPI

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Adobe Commences The Implementation Of AI Video Tools, Which Poses A Challenge To OpenAI And Meta.

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Adobe

(VOR News) – Utilizing generative artificial intelligence, Adobe has joined the growing number of firms that are attempting to transform the production of films and television shows.

These companies are attempting to revolutionize the industry. On Monday, Adobe made the news that it had begun publicly distributing an artificial intelligence model that is capable of generating video from text cues.

This model is capable of doing so. Adobe is one of the many companies that have joined the expanding number of companies that are working to improve the creation of films and television shows.

This Adobe pattern has been more popular in recent years.

OpenAI’s Sora, which was introduced earlier in the year, will be the product that will be in direct rivalry with the product that will be known as the Firefly Video Model.

Additionally, over the course of the past few months, both Meta Platforms and ByteDance, the business that is the owner of TikTok, have made their own video capabilities accessible to the general public. This is a significant development.

Adobe is putting its future in peril by building models that are trained on data that it has the legal right to access. This is done in order to compete with much larger competitors.

This action is taken in order to effectively compete with other businesses. In order to ensure that Adobe will continue to be competitive in the future, this action is being taken. Due to the fact that this is the case, the output will be able to be legally utilized in transactions that entail commercial operations.

Adobe, on the other hand, did not provide a certain date for when the software would be made accessible to a more extensive public.

It has been announced by the corporation that it will start making the tool accessible to anyone who has registered for its waiting list beginning in San Jose, which is situated in the state of California.

Despite the fact that Adobe has not yet disclosed the names of any customers who have utilized its video tools, the company announced on Monday that Gatorade, which is owned by PepsiCo, will use its image production model for a website that will enable customers to purchase bottles that are made according to their specifications.

Adobe website users can request custom containers.

Through the use of this website, customers will have the opportunity to place orders for bottles that are crafted in accordance with their particular requirements. In addition, Mattel has been making use of the tools that Adobe provides in order to enhance the effectiveness of the manner in which they create their packaging.

The video tools that Adobe offers have been built with the intention of making them acceptable for use in the day-to-day operations of video editors and creators, according to Ely Greenfield, who serves as chief technical officer for digital media at Adobe.

Greenfield noted that the company’s video tools had been developed. As a direct result of this, the video tools that the organization provides have been designed to be as user-friendly as is remotely conceivable for a human being to be.

The blending of the film into the traditional footage that is being created is one of the components of this venture, and the corporation has placed a particular emphasis on taking this aspect of the undertaking into consideration.

In a telephone conversation with Reuters, Greenfield provided the following explanation: “We really focus on fine-grain control, teaching the model the concepts that video editors and videographers use,” Greenfield said.

“These concepts include things like camera position, camera angle, and camera motion,” Greenfield revealed to reporters after they asked him about them.

SOURCE: DN

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