Latest Netflix Inc News
Founder, ex-executive of edgy sexual wellness company OneTaste charged with forced labor conspiracy
NEW YORK (AP) — Two former executives of a company known for offering “orgasmic meditation” sessions have been charged with using sex, psychological abuse and economic exploitation to coerce work from people while taking over their lives, federal prosecutors said Tuesday. The...
Netflix to charge an additional $8 month for viewers living outside US subscribers' households
Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows. To combat password sharing, Netflix said it will limit U.S. viewership of...
Netflix CEO Ted Sarandos withdraws from PEN America gala, citing writers strike
NEW YORK (AP) — Citing the current Hollywood writers strike, Netflix CEO Ted Sarandos will not be attending next week's PEN America Gala in Manhattan, when he was to accept a Business Visionary Award. PEN America will not be presenting the award this year, saying the honor is premised upon the...
NOT REAL NEWS: A look at what didn't happen this week
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the facts: ___ FedNow won’t...
Stock market today: Asian shares trading mostly lower
Shares are mostly lower in Asia in narrow trading after they barely budged on Wall Street following a mixed batch of earnings reports from big U.S. companies. Oil prices also declined. Japan reported that its trade deficit narrowed in March as exports rose more than...
Netflix, Tesla fall; United Airlines, Abbott rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Tesla Inc., down $3.72 to $180.59. The electric vehicle maker cut prices for the fourth time in the U.S. this year. United Airlines Holdings Inc., up $3.23 to...
How major US stock indexes fared Wednesday 4/19/2023
Stocks are closing mostly flat on Wall Street Wednesday following mixed earnings reports from big U.S. companies. The S&P 500 was virtually unchanged, the Dow slipped and the Nasdaq gained less than 0.1%. Netflix dropped after reporting weaker revenue than...
Netflix reports a first-quarter burst in subscriber growth
SAN FRANCISCO (AP) — Netflix began the year with another burst in subscriber growth that eclipsed analysts’ projections for the third consecutive quarter, providing further evidence the video streaming service has regained its momentum after a jarring downturn in customers prompted a shake up....
Netflix to bring down the curtain on its DVD-by-mail service
SAN FRANCISCO (AP) — Netflix is poised to shut down the DVD-by-mail rental service that set the stage for its trailblazing video streaming service, ending an era that began a quarter century ago when delivering discs through the mail was considered a revolutionary concept. The DVD...
Netflix: Q1 Earnings Snapshot
LOS GATOS, Calif. (AP) — LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Tuesday reported first-quarter net income of $1.31 billion. The Los Gatos, California-based company said it had net income of $2.88 per share. The results exceeded Wall Street expectations....
