Disney cracks down on password sharing with $7 per month fee

Sharing your Disney+ password with someone who doesn’t live with you? It will now cost you. As part of its password-sharing crackdown, Disney will deny access to anyone who logs in from outside the household where the account is based. The media giant says a Disney+ subscription “is meant to be used within your household.”

You can add a person outside the household with a new $7-a-month paid sharing fee. A basic Disney+ subscription costs $10 a month.

If you are away from home and want to watch Disney+, Disney will email you a one-time pass code to let you access the streaming service. Disney is also cracking down on password-sharing on its other owned streaming services, including ESPN and Hulu.

SEC fines DraftKings

The Securities and Exchange Commission charged online betting site DraftKings with “selectively disclosing” material information about the company’s financial performance on the company’s social media accounts without disseminating the information to all investors. While DraftKings did not admit or deny violating the SEC’s Fair Disclosure rule, it agreed to pay a $200,000 fine and “to cease and desist” from future disclosure violations.

House of cards

Unused gift cards are piling up — and so is the unspent balance. A Bankrate survey found 43% of Americans have at least one gift card they haven’t used, with an average balance of $244 per person, up from $187 last year. And 34% of Americans have squandered the opportunity of ever using their gift cards, typically because the cards expired or they lost them.

Massive solar farm planned

An ambitious plan to build the world’s largest solar farm is a step closer after the Australian government granted environmental approvals for the $19 billion project. The Australia-Asia PowerLink aims to deliver up to 6 gigawatts of green electricity each year by submarine cable to Singapore. An Australian government official said the project will “help turn Australia into a renewable energy superpower” and boost its economy. — AP