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Shocking! Rs. 499 Netflix payment causes man to lose a huge Rs. 1.2 lakh; how it was done

2Dec

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Technology

Shocking! Rs. 499 Netflix payment causes man to lose a huge Rs. 1.2 lakh; how it was done

[ad_1] In order to pay Netflix subscription fees, a man lost Rs. 1.22 lakh in a shocking online fraud. Know what you should never do. If you are looking to renew your Netflix subscription or get a new plan, then beware! Cybercriminals are in search of the best target from which they can steal money while masquerading as a legitimate online subscription portal for Netflix. This has become very clear after an online fraud came to light in which a 75-year-old businessman, Abhinandan Ajmera, who is into plastic printing material in Juhu, Mumbai was trapped. Abhinandan lost his Rs. 1.22 lakh in an online fraud that was actually supposed to cost just Rs. 499 for the Netflix subscription. How did it happen? It happened after he received a malicious email asking him to renew his Netflix subsc...

Netflix’s Subscriber Growth Sparks Surge in Korean Drama Stocks

[ad_1] Shares of South Korean drama producers jumped after Netflix Inc. said it added more subscribers than expected. Shares of South Korean drama producers jumped after Netflix Inc. said it added more subscribers than expected in the third quarter and touted the contribution of Asian shows. Astory Co. -- producer of “Extraordinary Attorney Woo,” which has racked up 402 million viewing hours -- opened up by its 29% daily limit before paring the gain. During the streaming giant's conference call, Netflix co-Chief Executive Officer Ted Sarandos mentioned the strength of the series and said the company is increasingly leaning on programs that are not made in English. The success of South Korean blockbuster survival drama “Squid Game” last year has sparked frenzied trading in related...

Snowflake’s Pay-What-You-Use Pricing Gains Favor With Software Firms

[ad_1] Business software pricing is starting to look less like a monthly Netflix subscription and more like your home water bill. Business software pricing is starting to look less like a monthly Netflix subscription and more like your home water bill. Economic uncertainty and tightening budgets are accelerating a move to consumption pricing, which charges software customers based on how much they use a product rather than a recurring annual or multiyear subscription fee. The model, popularized by Snowflake Inc., is being adopted by a growing number of software makers, including C3.ai Inc. and Autodesk Inc. Analysts have traditionally viewed pay-as-you-go as a liability for providers, figuring that customers can more quickly dial back spending when times get rough. But in the cur...