Netflix’s subscriber growth slowed to a crawl in the first quarter, below even the company’s moderate expectations, and the video streaming giant predicts it will come to an almost complete halt in the second quarter. Netflix shares dropped 10.5% in after-hours trading. Netflix added just a fraction below 4 million subscribers globally in the quarter, lifting its total to 207.64 million. The...
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Musk-Twitter Drama Jumps the Shark
We’re now at that part of the Elon Musk–Twitter drama where—as happens for some long-running TV shows—the plotline has gone off the rails. Of course, this isn’t a TV show, although there likely will be one, and I nominate Jonah Hill to play Elon Musk. And what seems off the wall is just life in Musk’s world. It’s a little like the alternate reality Donald Trump creates to replace a less...
China’s Vice Premier Vows Support for Tech Sector, IPOs
Apple Delays Plan For Workers To Return to Office 3 Days a Week
Netflix Lays Off 150 People
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