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  Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier was faring well. The streaming television giant reported a quarterly profit of $1.3 billion, in line with expectations, but said it had delayed a broad crackdown on sharing of account passwords "to improve the experience for members." Netflix said it expects to begin rolling out its options for paid password sharing this quarter instead. "It's clear that the company wants to manage any fallout from the new strategy," said Third Bridge analyst Jamie Lumley. That means some membership and revenue benefits resulting from the move were postponed, Netflix said in a letter to shareholders. Netflix has dabbled with "borrower" or "shared" accounts in a few markets, but plans to roll them out in the United States and elsewhere this month, co-chief executive Greg Peters said in a streamed earni...

  If you played any of the Need for Speed games in the late 90s and early 2000s, you may recall seeing the Lexus IS300. But is it a Toyota or a Lexus? The answer is both. Lexus is actually a subdivision of Toyota, and the IS series was originally manufactured by Toyota and called the Toyota Altezza. Fun fact for Initial D fans: the engineering work of the Altezza was led by Nobuaki Katayama, the person in charge of the AE86 project. The name Altezza means height or highness. The Altezza came in a plethora of variants, including the IS200, IS300, RS200, AS200, and AS300, with the RS200 featuring a 3SGE engine, the IS200 and AS200 sharing a 1GFE engine, and the AS300 and IS300 sharing a non-turbo, VVTI version of the 2JZGE. Now, let's talk about this Altezza owned by local car enthusiast Ishan Gausul. It's a 1999 model that began its life as an RS200, and in 2017, it was the only dual-tone Altezza in Bangladesh. Fast forward six years, and it's a whole different car now. The ...

  Edison Group has recently signed an agreement with the international mobile brand Motorola to assemble smartphones in Bangladesh.  As per the agreement, Motorola will use Edison Group's mobile factory, Edison Industries, to locally manufacture new handsets. Edison Group will also act as Motorola's partner in Bangladesh. Previously, the online shopping platform Salextra has been the national distributor of Motorola in Bangladesh.  Jakaria Shahid, Managing Director of Edison Group; Aminur Rashid, Chairman and CEO of Edison Group; Abu Sayem, Head of Sales of Edison Group; and Hariom Kumar Mishra, Business Head of Motorola India, were present during the signing ceremony, alongside other senior executives of Edison Group and representatives from both organisations. During the agreement signing, Motorola also unveiled two new smartphones to their lineup: the E32 and E22s.  Motorola E32 will feature a 6.5-inch HD+ punch-hole display, 90Hz refresh rate, 5000 mAh battery, 2...

 Arvind Krishna, CEO of the multinational technology firm IBM, recently stated that he plans to downsize the company's workforce by almost a third because he believes most jobs can be done by modern AI.  In a recent interview with Bloomberg, the IBM (The International Business Machines Corporation) CEO said that the company plans on pausing hiring new employees, as well as reducing the wage of 7,800 jobs over several years.  "These non-customer-facing roles amount to roughly 26,000 workers," Krishna said. "I could easily see 30% of that getting replaced by AI and automation over a five-year period."  Back office employees are only a fraction of IBM's roughly 260,000 workers, and the company has continued to hire in certain roles, even after recently letting go about 5,000 workers in other areas, the Bloomberg report said. In a recent statement to AFP, an IBM spokesman cautioned that "there is no blanket hiring 'pause' in place" at the compa...