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Jul 22, 2023 • 4 min read

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Netflix Account Sharing Crackdown Results:

Netflix experienced a significant surge of 6 million new subscribers from April to June after implementing new measures to curb password-sharing. As a strategy to reverse the declining subscriber numbers, Netflix began restricting the number of users per account, requiring those expelled from an account to either procure their own or join another.
The effects of this new policy were made evident in the second quarter data of 2023, released by Netflix on Wednesday. This information disclosed an impressive increase of 5.9 million subscribers during this quarter, surpassing predictions of 2 million.

AI Subway Monitors:

New York City's Metropolitan Transportation Authority (MTA), responsible for about 40% of all US public transit, has employed AI technology in numerous subway stations to monitor and calculate fare evasion rates.
According to MTA estimates, 16% of subway riders avoid paying fares, leading to a loss of over $690 million in 2022. Recently, the MTA disclosed a contract that elaborates on their AI usage aimed at mitigating fare evasion.
This AI software scrutinizes footage from surveillance cameras to identify fare evaders and discern their methods. The MTA assures that the gathered data isn't being shared with law enforcement agencies.

Indonesia's National Crypto Exchange:

Indonesia has launched its own national cryptocurrency exchange. The exchange, managed by the Commodity Futures Trading Supervisory Agency (CFTRA), started operations on July 20th, marking a significant milestone in Indonesia's financial landscape.
While the launch faced several delays since its original announcement in 2021, it finally began established operations. As part of this development, a Futures Clearing House was created to facilitate smooth transactions between buyers and sellers.
Notably, this new exchange is the only authorized platform for legal crypto trading in Indonesia, with a one-month registration window given to licensed traders. It seeks to align domestic transactions with international market trends, and expects the local crypto community to quickly adapt.

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