Checks for comedy specials at Netflix are shrinking.
Why it matters: The streaming giant is in the midst of a transformation to make itself both leaner and more reliant on ad dollars when it eventually rolls out ad-supported options.
The streaming music industry is on the B-side of its maturity, Hope writes.
Driving the news: Apple, which “has prided itself on marketing its brand differently” than other mass consumer companies — including Budweiser and Coke — just signed a multiyear agreement to take Pepsi’s spot as sponsor of the Super Bowl halftime, according to NYT.
A pair of influential senators have devised a plan to beef up the federal government’s approach to securing open-source software, or tools that developers create for free public consumption.
Driving the news: Senate Homeland Security Committee leaders Gary Peters (D-Mich.) and Rob Portman (R-Ohio) introduced a bill Thursday requiring CISA to develop a risk framework laying out how the federal government relies on open-source code.
Six companies fromthe telecommunications, finance and energy sectors came together this week to host a cyberattack simulation to get a sense of what is — and isn't — working in their defense strategies.
The big picture: This week's event marked the first time companies across these three critical infrastructure sectors have hosted a live-action simulation together.
Cybercriminals' aggressive targeting of smartphones is weakening the crux of many organizations' security procedures: text-based, multifactor authentication (MFA).
The big picture: Experts have long warned that authentication protocols that rely only on sending a code to someone's phone to confirm their identity are easily manipulated.
To Centrifuge CEO and cofounder Lucas Vogelsang, decentralized finance (DeFi) is "the future of the financial system" here, in the now — filling a niche that traditional finance has largely found not worth its time.
Why it matters: Centrifuge provides liquidity from real-world assets (RWA), specifically for those with little access to this type of financing from traditional banks.
Driving the news: Investors have sent Adobe's shares down roughly 20% since it announced the deal to buy the maker of a highly popular collaborative tool for designers.
NFT artists who can no longer count on a frothy crypto market to buoy sales aren't giving up, but they're having to lower their financial expectations and get more creative.
Why it matters: Artists have struggled to pay the bills since time eternal, and when NFT mania struck last year, many hoped the tech would provide a lasting solution.
