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Lauren Feiner’s Posts
Netflix blames its content slate, regional price increases and a “pull-forward effect” of its strong Q1 growth for its first quarterly loss of paid domestic subscribers since 2011.
Shares of Netflix were down 11% after the company released its earnings report for its second quarter of 2019 Wednesday. The results showed a rare loss in U.S. subscribers and a large miss on international subscriber adds.
Sen. Sherrod Brown came out swinging at Facebook on Tuesday to kick off the Senate Banking Committee hearing on the company’s new cryptocurrency project, Libra.
U.S. national security efforts will fall behind without innovation in financial services, the head of Facebook’s new cryptocurrency subsidiary said at a hearing about the company’s plans for a new digital currency.
A leading retail group sent a letter to the Federal Trade Commission outlining its concerns over the dominance of major tech companies, such as Amazon.
Apple employees have felt Chief Design Officer Jony Ive’s absence long before he announced his upcoming departure from the company last week, according to a new report from The Wall Street Journal.
As Facebook explores how to establish more independent oversight for the company, CEO Mark Zuckerberg is proposing a type of court system where appeals can be elevated if people disagree on how controversial content is treated.
Twitter will start labeling tweets from influential government officials who break its rules, the company said in a blog post published Thursday.
Instagram is not eavesdropping on its customers’ conversations offline to target them with ads, according to its chief Adam Mosseri.
Slack began its first day of trading on the New York Stock Exchange Thursday after pursuing a direct listing rather than an initial public offering. The stock, under the symbol “WORK,” surged more than 60% at the start of trading after opening at $38.50. The NYSE set a reference price of $26 the night before.
The Department of Justice’s assistant attorney general brought the case against big tech into focus in a new speech delivered at the Antitrust New Frontiers Conference in Tel Aviv on Tuesday.
MacKenzie Bezos joined some of the world’s wealthiest people in a pledge to give away at least half of her wealth to charitable causes. The Giving Pledge, which was started by Warren Buffett and Bill and Melinda Gates in 2010, announced Bezos’ commitment in a press release on Tuesday.
Top Facebook officials considered putting an end to political advertising on the platform once they learned Russian actors used the site to try and influence the 2016 U.S. presidential election, The Wall Street Journal reported Thursday. But CEO Mark Zuckerberg ultimately chose to keep running political ads, a former employee told the Journal.
Target’s CEO thinks the retail industry is shaking out to show clear winners and losers.
And Target, reporting first-quarter earnings results Wednesday morning that trounced analysts’ estimates, despite a slew of dismal reports from department store chains a day earlier, would be declared a “winner.”
Disney will take “full operational control” over Hulu from Comcast, effective immediately, the companies announced Tuesday.