LOS ANGELES—A reality show inspired by Netflix’s hit series “Squid Game” is coming to the streaming service, but with far less dire consequences promised for contestants. In the South Korean-produced drama, players’ lives were at stake. With “Squid Game: The Challenge,” the “worst fate is going home empty-handed,” Netflix said Tuesday in announcing the reality…
Netflix Announces Real Life ‘Squid Game,’ but With Far Less Dire Consequences
Netflix Announces Another Season of ‘Squid Game’
LOS ANGELES—”Squid Game” will return for a second season, Netflix Inc. announced on Sunday, offering a few hints about what is to come in the dark Korean drama. “Squid Game” became Netflix’s most-watched series when it was released in September 2021. The show tells the story of cash-strapped contestants who play childhood games for a…
More Analysts Re-Rate Netflix Ahead of Q1 Earnings
Analysts re-rated Netflix Inc. ahead of its Q1 results. Barclays analyst Kannan Venkateshwar lowered the price target on Netflix to $380 from $425 (8.4 percent upside) and kept an Equal Weight rating on the shares. Netflix’s Q1 growth may not be very different from its weak guidance. Netflix’s accounting treatment of Russia, given the shutdown of operations…
China’s Copyright Violations of South Korea’s Entertainment Media Has Doubled
China’s brazen copyright violations of South Korea’s entertainment content have doubled since 2016, says South Korea’s culture ministry. Since 2017, China’s copyright infringements have become a major headache for South Korean content makers. After Beijing cracked down on Korean pop culture in China, in retaliation for South Korea deploying THAAD (a U.S. anti-missile system), South Korea…
Netflix Sensation Squid Game Could Update University Economics Globally
The researchers at the Monash Business School in Australia may have come up with a novel way to revolutionise how the economic strategy of game theory is taught in universities around the world. Game theory is one of the most challenging concepts taught in the first year of business and economic degrees. It requires strategic…
Doge, GameStop, and Mega Millions Among the Most Googled News Stories of 2021
Google kept up its tryst with the year-end tradition of releasing the Google search trends, and it’s no wonder that meme stocks and meme cryptos that rose to prominence in 2021 found a place among the top 10. Lottery Game, Stonks, and Cryptos Make the Cut The top news search in the United States for…
Cryptocurrency Named After ‘The Lord of the Rings’ Deemed a Trademark Violation
A cryptocurrency named after “The Lord of the Rings” trilogy was successfully blocked by the estate of author J.R.R. Tolkien on Tuesday after judges deemed it a trademark violation. The coin, called “JRR Token,” was set up by Florida-based developer Matthew Jensen and launched in August 2021. An accompanying website, jrrtoken.com, which later became thetokenofpower.com, was…
‘Squid Game’ Smuggler to Die by Firing Squad in North Korea: Report
A North Korean man has reportedly been sentenced to death by authorities after he was caught distributing copies of the Netflix series “Squid Game,” which Pyongyang says reflects South Korea’s “beastly” society. According to Radio Free Asia (RFA), the individual smuggled in copies of the Korean-language Netflix hit via USB flash drives and sold them…
Every Major Financial Institution Will Think About Trading Cryptocurrencies Within Next 3 Years: Former Citigroup CEO
Every major financial institution will be thinking about trading cryptocurrencies within the next few years, according to Vikram Pandit, chairman of The Orogen Group and former chief executive officer of Citigroup Inc. Speaking at the Singapore Fintech Festival event, Pandit told Bloomberg that in “one to three years, every large bank and/or securities firm is going to…
‘Squid Game’ Is a Brutal Reality
Commentary Contrary to popular belief, 2021 is not the Year of the Ox; it’s the Year of the Squid. For those of you not stranded under a rock, “Squid Game” probably rings a bell. For many, the TV series is no more than a dystopian fiction; for others, though, it’s a brutal reality. As the most-watched Netflix TV…
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