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Netflix is still saying ‘no’ to ads

Netflix is still saying ‘no’ to ads Despite ongoing speculation and investor pressure, Netflix is still declining to adopt an advertising-based business model as a means to boost its revenue, Netflix CEO Reed Hastings confirmed on Tuesday. The company on its Q4 earnings call again shot down the idea of an ad-supported […]

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Netflix adds 8.8M subscribers despite growing competition

Netflix adds 8.8M subscribers despite growing competition Netflix grew by 8.8 million net subscribers in the fourth quarter of 2019, according to its latest earning report, putting its growth well ahead of its forecast of 7.6 million. The company says it has 167 million paid memberships worldwide, with more than 100 million […]

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African fintech firm Flutterwave raises $35M, partners with Worldpay

African fintech firm Flutterwave raises M, partners with Worldpay San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, […]

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Original Content podcast: Netflix goes to the Oscars

Original Content podcast: Netflix goes to the Oscars When this year’s Academy Award nominations were announced on Monday, Netflix received 24 nominations — the most of any Hollywood studio. That’s thanks in large part to “The Irishman,” which received 10 nominations, and “Marriage Story,” which received six (both films were nominated for Best […]

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US patents hit record 333,530 granted in 2019; IBM, Samsung (not the FAANGs) lead the pack

US patents hit record 333,530 granted in 2019; IBM, Samsung (not the FAANGs) lead the pack We may have moved on from a nearly-daily cycle of news involving tech giants sparring in courts over intellectual property infringement, but patents continue to be a major cornerstone of how companies and people measure their […]

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Original Content podcast: Netflix’s ‘6 Underground’ is very fun and very dumb

Original Content podcast: Netflix’s ‘6 Underground’ is very fun and very dumb Netflix’s “6 Underground” feels like a movie that belongs on the big screen. Sure, it isn’t part of a giant franchise (yet), and it doesn’t feature any well-known superheroes — but it does star “Deadpool”‘s Ryan Reynolds as a wise-cracking […]

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Former Google Pay execs raise $13.2M to build neo-banking platform for millennials in India

Former Google Pay execs raise .2M to build neo-banking platform for millennials in India Two co-founders of Google Pay in India are building a neo-banking platform in the country — and they have already secured backing from three top VC funds. Sujith Narayanan, a veteran payments executive who co-founded Google Pay in […]

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Netflix and Gwyneth Paltrow’s ‘Goop Lab’ will launch on January 24

Netflix and Gwyneth Paltrow’s ‘Goop Lab’ will launch on January 24 “The Goop Show,” an upcoming reality series co-hosted by Gwyneth Paltrow and tied to her lifestyle company Goop, now has a launch date and a trailer. Goop has faced many accusations of promoting and selling pseudoscience — most notoriously, perhaps, in […]

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India’s ruling party accused of running deceptive Twitter campaign to gain support for a controversial law

India’s ruling party accused of running deceptive Twitter campaign to gain support for a controversial law Bharatiya Janata Party, the ruling party in India, has been accused of running a highly deceptive Twitter campaign to trick citizens into supporting a controversial law. First, some background: The Indian government passed the Citizenship Amendment […]

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The streaming wars to come

The streaming wars to come After years of speculation and hype, major players in Hollywood and Silicon Valley are getting ready to challenge Netflix . It’s only been a few months since Apple launched TV+, followed quickly by Disney launching Disney+. And there’s more to come this year, with AT&T-owned WarnerMedia preparing […]

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