The theaters will be paid the full ticket price by MoviePass, while the users simply have to make their monthly subscription payment. MoviePass could lose a lot of money subsidizing people's movie habits. MoviePass originally started with a much higher subscription price at $30 a month but it did not generate the traction it hoped, according to Bloomberg. [Full Article...]
Commuters that must buy a season ticket to get to work will be hit the hardest by the hikes according to passenger groups. The July Retail Prices Index figure is used as the yardstick by which rail companies can increase regulated fares - including season tickets and tickets bought on the day, both off-peak and for journeys at anytime. [Full Article...]
Rovio could raise about $400m from a local market listing, the people said, asking not to be identified as the details are not public. Netmarble Games, the maker of the Lineage and Stone Age mobile games, was South Korea's biggest listing in seven years. [Full Article...]
North Korea had responded to Trump's previous promise to unleash " fire and fury ", with a threat to land a missile near the U.S. Pacific territory of Guam. The precious metal was pressured by a strengthening U.S. Dollar and increased demand for higher-risk assets. U.S. equity markets posted their best performance of the summer as investors reacted to a possible peaceful settle of the escalat... [Full Article...]
Last June, a top Uber executive obtained the medical records of a woman who, in 2014, had been raped by an Uber driver in India . A request for comment from Uber wasn't immediately returned. Until Sept. 2014, Uber failed to implement reasonable access controls to safeguard data stored in third-party databases, such as requiring engineers and programmers to use distinct access keys to access perso... [Full Article...]
The judgment represents three times the profit of $3.7 million Tiffany is said to have lost to Costco over the 2,500 or so rings sold through the warehouse club, plus $8.25 million in punitive damages awarded by a jury a year ago. In an unsuccessful bid to dismiss the case before trial, Costco argued that the rings in question "were, in truth and in fact, unbranded rings having Tiffany settings an... [Full Article...]
Under the agreement between Uber and the FTC , Uber can not misrepresent its access to consumers' personal information or how it secures that data, and must implement a privacy program and submit to audits of that program, the agency said. [Full Article...]
On Thursday, Germany's DAX 30 lost 0.2% to 12,124.23, and France's CAC 40 index fell 0.3% to 5,132.45. The Swiss currency was also on track for its biggest daily gain against the euro since last year's Brexit vote. The CBOE Volatility Index , better known as the VIX and the most widely followed barometer of expected near-term stock market volatility, rose the most in about 12 weeks.The ... [Full Article...]