Netflix on Tuesday said it would begin rolling out paid sharing in the U.S. in the second quarter of this year. The news is not a total surprise. Back in January, Netflix confirmed that it would start to crack down on account sharing. It's also already cracking down on password sharing in countries such as Canada, New Zealand, Spain, and Portugal., where users were given the option to add two more people outside of their homes for an additional charge. Netflix estimates that 100 million households are currently engaged in password sharing.
NEW VACCINE GUIDELINES
The FDA has announced a plan to streamline its COVID-19 vaccine guidelines. The agency approved another booster for older adults and those with weak immune systems, and anyone getting a Pfizer or Moderna dose will now get the newest formula, not the original shots. The emergency use authorization of those older messenger RNA vaccines has been withdrawn. The new guidelines will mostly affect Americans over the age of 65 and people who are immune-compromised. They can get a booster four months after the first.
LOST SUBMARINE
A submarine known as "The Defender," built in 1907, was found off the coast of Long Island. The submarine went unused for years, and the U.S. Army scuttled it back in 1946 but never said where they sank it. Its location was unknown until a diving team from Connecticut found the submerged wreckage.
The Treasury Department, Federal Reserve, and Federal Deposit Insurance Corporation said all depositors at the failed Silicon Valley Bank could access all their money quickly, even as another major bank was shut down.
The Treasury Secretary, who emphasized that the situation was much different from the financial crisis almost 15 years ago, said the government would help depositors who are concerned about their money.
A new atmospheric river brought heavy rain, thunderstorms and strong winds to California on Friday, raising the threat of flooding and disrupting travel.
Cheddar News' Shannon LaNier is on the scene at the the New York Botanical Gardens Annual Orchid Show, where hundreds of varieties of the distinctive flower are on display.
Hackers have broken into a Washington, D.C. health insurance marketplace and stolen sensitive personal data including Social Security numbers and home addresses of members of Congress, their employees and family members.