— Shares of the streaming service slipped 1.8% after Netflix announced it would be testing a crackdown on password sharing. Competitor streaming services also announced subscriber guidance for the years ahead, putting pressure on Netflix to fend off competition. Research firm Magid has estimated that about one-third of Netflix users share their passwords.— Shares of the e-commerce giant slid 3.
According to people with knowledge of the matter, the fine could exceed the $975 million fine that Qualcomm paid in 2015.— Shares of the software company dropped about 6% despite a fourth-quarter earnings report that beat expectations on the top and bottom lines. DocuSign reported 37 cents in adjusted earnings per share on $430.9 million in revenue. Analysts surveyed by Refinitiv had penciled in 22 cents per share and $407.6 million in revenue.
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