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The Markets
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Hardware & electrical equipment

FAANG Report: Netflix and HBO fight to a draw at Emmy awards; Google signs deal with car alliance

Facebook facing lawsuit for gender discrimination; Apple defends pricing of new iPhones, and Amazon may soon be your banker

Netflix Inc (NASDAQ:NFLX) fought to a draw in its head-to-head battle with HBO at the Emmy's, with the premium cable channel and the streaming service winning 23 awards each, a report by Variety said.

Netflix was aided by shows like “The Crown,” which nabbed 13 total nominations; “Stranger Things,” which received 12; Western drama “Godless,” also with 12; and comedy series “GLOW” with 10.

“Game of Thrones” garnered the most nominations for HBO with 22. Bill Hader’s dark comedy “Barry” picked up 13 for its freshman season, while “Last Week Tonight With John Oliver” had nine.

Netflix had stunned the entertainment industry when the nominations for the Emmys went out in July as it topped HBO for the total number of nominations with 112, compared to HBO's 108.

Netflix stock rose 2.6% to trade at US$359.50.

FAANG Report: 'Black-ish' creator moves to Netflix after Disney shelves anti-Trump episode; Google faces huge fine

Alphabet Inc's Google (NASDAQ:GOOG) has signed a deal with the Renault-Nissan-Mistubishi Alliance to provide in-car infotainment systems that run on the Adnroid operating system, a report by Fortune said.

The Google-powered media display will be in cars starting in 2021. Taken together, the Renault-Nissan-Mitsubishi Alliance sells more cars than any other auto maker, with combined sales of 10.6 million vehicles last year and 5.5 million in the first half of this year.

The deal puts pressure on Google and alliance competitors to improve their services and consider similar deals, the report added.

Google shares were up almost 0.9% to US$1,166.17.

Facebook Inc's (NASDAQ:FB) ad-targeting system is being used by some employers to discriminate based on gender, the latest in a string of cases against the social media giant, CNN Tech said in a report.

The ACLU, the law firm Outten & Golden, and the labor union Communications Workers of America filed a complaint with the Equal Employment Opprtunity Commission against Facebook and 10 other employers for allegedly using Facebook to discriminate against potential job seekers.

The complaint was filed on behalf of three women job seekers along with a broader class of women represented by the labor union.

Facebook shares added 0.25% to US$160.99.

READ: Apple introduces three new super-powered iPhones and upgraded Apple Watch in Hollywood-style show

Apple Inc (NASDAQ:AAPL) CEO Tim Cook defended the pricing of the company's latest iPhones on the show "Good Morning America", a report by ABC, where the show is aired, said.

Apple executives unveiled three new iPhones last week in California -- the tech giant's biggest and most expensive iPhones to date.

The Xs starts at US$999 while the Xs Max has a US$1,099 price tag. A cheaper model called the Xr comes in at US$749.

Shares of Apple increased by 1.2% to US$220.57.

Some two-thirds of Amazon.com Inc's (NASDAQ:AMZN) Prime members would try a free online bank account from the e-commerce giant as the world's biggest retailer apperas to be looking at crashing the part in the banking industry, a report in CNBC said.

Expectations have been high since it was reported in March that Amazon is in talks with banks including J.P. Morgan Chase and Capital One to create a checking-account like product for its customers.

Since then, big US lenders including Chase and Citigroup have announced or rolled out digital-only accounts targeting some of the same millennial customers that the Amazon product may appeal to.

Amazon shares were 1.8% higher at US$1,942.69.

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