Elon Musk responds: Countersuit accuses Twitter of fraud

Elon Musk alleges that Twitter committed fraud and breach of contract. The billionaire offered to buy the social media company, then tried to back out by claiming Twitter was infested with “spam bots” and fake accounts.

Netflix loses a million subscribers but stock rebounds

Netflix, the worldwide film and TV show and informational streaming service, officially announced that it lost just under one million customers in the last three months; less than half the loss it warned investors might be coming.