USA

‘The Netflix Of China’ iQiyi tanks 12% on SEC Probe revelation

What happened: The Chinese video streaming service is comparable Netflix Inc (NASDAQ: NFLX) said the SEC is seeking financial and operating records dated January 1, 2018, CNBC reported. The video streamer said the federal agency also requested documents related to acquisitions and investments identified in a Wolfpack Research report dating …

Read More »

California Flex Alert Issued for Friday Due to Heatwave – Daily News

LOS ANGELES – With depressing heat in the forecast, a statewide Flex Alert will be issued for Friday calling on residents to turn off their lights and conserve electricity. Network operators predict increased demand for electricity, according to the California Independent System Operator (ISO), which has issued the Flex Alert …

Read More »