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Netflix Lays Off Staff of Tudum Marketing Site

Netflix has laid off at least eight members of the editorial staff for its fan site, Tudum, just five months after it launched, according to TechCrunch. The layoffs come just days after the streaming giant reported its first decline in subscribers in over a decade, sending the stock down more than 40% over the past week. While Tudum is not a core business for Netflix, the layoffs raise the...

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Stripe CEO Patrick Collison. Photo by Bloomberg.
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Stripe’s Ill-Timed Crypto Re-Entry; SBF Needs to Stay Off Signal
My colleagues have been busy covering the latest at payments giant Stripe , which is in talks with existing investors that include Joshua Kushner ’s Thrive Capital to raise $3 billion.
Photo by Bloomberg.
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Amazon’s No-Fly Zone: Drone Delivery Largely Grounded Despite Splashy Launch
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Netflix Tells Advertisers Sign-Ups to Ad Tier Doubled in January
Netflix is making progress in its plunge into advertising—slowly. The streaming firm told advertisers in the past 10 days that new sign-ups for the tier with ads had doubled in January over December, a sign that low-cost offering was catching on with subscribers, ad executives say.
Photos via Adept Labs, Edmund Hillary Fellowship, Gantry ML, KIT Gründerschmiede, Sci Founders, Shutterstock, Stanford University, University of Central Florida, UC Irvine, UC Berkeley and YouTube.
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Creator Economy
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Snap CEO Evan Spiegel. Photo by Getty Images.
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