NETFLIX POSTS HIGHER 3Q EARNINGS, SOLID SUBSCRIBER GROWTH
Techlife News|Techlife News #521
Netflix posted sharply higher third-quarter earnings thanks to a stronger slate of titles, including “Squid Game,” the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.

The company has ramped up production, rebounding from pandemic-induced delays in the first half of the year. It’s also looking beyond movies and TV and said it plans to fund “new growth opportunities” such as video games, which are being tested in some markets.

“It remains very early days for this initiative and, like other content categories we’ve expanded into, we plan to try different types of games, learn from our members and improve our game library,” the company said.

And as it faces saturation in the U.S. market, Netflix is focusing on growing its international subscriber numbers. For instance, it launched a free mobile plan in Kenya, in the hopes it will get more people in the country to sign up for paid memberships.

Continue reading your story on the app

Continue reading your story in the magazine

MORE STORIES FROM TECHLIFE NEWSView All

CHINA CLEARS BOEING 737 MAX TO FLY AGAIN

China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes.

2 mins read
Techlife News
Techlife News #527

SHOULD YOU BANK WITH YOUR BROKERAGE?

If you’ve invested with a brokerage firm in recent years, you may have noticed that your brokerage offers a product called a cash management account.

3 mins read
Techlife News
Techlife News #527

SHOPPERS ARE BACK IN STORE, ONLINE, BUT VIRUS IMPACT LINGERS

Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet.

4 mins read
Techlife News
Techlife News #527

TESLA OFFICIALLY MOVES HEADQUARTERS FROM CALIFORNIA TO TEXAS

Tesla says it has officially moved its corporate headquarters from Silicon Valley to a large factory under construction outside of Austin, Texas.

1 min read
Techlife News
Techlife News #527

UK COMPETITION WATCHDOG ORDERS FACEBOOK TO SELL OFF GIPHY

The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered the social network to sell off the GIF-sharing platform, saying the deal hurts social media users and advertisers by stifling competition for animated images.

2 mins read
Techlife News
Techlife News #527

SCIENCE REPORT: US SHOULD MAKE LESS PLASTIC TO SAVE OCEANS

America needs to rethink and reduce the way it generates plastics because so much of the material is littering the oceans and other waters, the National Academy of Sciences says in a new report.

4 mins read
Techlife News
Techlife News #527

MERCEDES, STELLANTIS TO WORK WITH US FIRM ON NEW BATTERIES

Automakers Mercedes-Benz and Stellantis announced agreements with U.S. company Factorial Energy this week to help develop solid-state battery technology that they hope could make electric cars more attractive to a mass market.

1 min read
Techlife News
Techlife News #527

FROM SQUARE TO BLOCK: ANOTHER TECH COMPANY CHANGES ITS NAME

There’s a new Silicon Valley corporate name change on the block.

1 min read
Techlife News
Techlife News #527

GM CITES IMPROVED CHIP SUPPLY IN RAISING FINANCIAL GUIDANCE

Citing an improved supply of automotive computer chips, General Motors raised its financial guidance on Wednesday and said it expects to return to a normal production rate by the end of next year.

3 mins read
Techlife News
Techlife News #527

DATA HACKED FOR 400,000 PLANNED PARENTHOOD LA PATIENTS

The Los Angeles branch of Planned Parenthood was hit by a data breach involving about 400,000 patients, but there is no indication that the information was used “for fraudulent purposes,” the group said.

1 min read
Techlife News
Techlife News #527
RELATED STORIES

Is Nvidia's GeForce Now cloud gaming worth it?

How it works, potential drawbacks, and price

5 mins read
PCWorld
December 2021

AI in Streaming Services

The shows you ‘choose’ to watch aren’t entirely your decision.

3 mins read
Innovation & Tech Today
Fall 2021

Shop for a New WIRELESS PLAN and Save Big

Competition is fierce, and carriers are dangling free phones and streaming subscriptions.

10+ mins read
Kiplinger's Personal Finance
January 2022

‘RED NOTICE,' ‘SQUID GAME' TOP NETFLIX HOURS-WATCHED METRIC

Netflix rolled out a new website that measures its most-viewed films and series by the amount of hours users spend watching them.

2 mins read
AppleMagazine
November 19, 2021

Going Mobile

Getting Prepped for a Hospital Stay

2 mins read
Maximum PC
December 2021

How to watch TV on your PC

There are several ways to watch live TV on your PC, some much easier than others. We walk you through your options.

5 mins read
PCWorld
November 2021

Korea's Soft Power Is More Samsung Than Squid Game

Korea’s Soft Power Is More Samsung Than Squid Game

2 mins read
Bloomberg Businessweek
November 01, 2021

Billy & Naomi WEDDING BELLS?

Marriage has never been a big deal for Naomi Watts. She and ex Liev Schreiber were together for 11 years without making things official.

1 min read
Star
October 18, 2021

Charles & Harry: TV WAR!

WITH A NEW STREAMING DEAL, PRINCE CHARLES SENDS A MESSAGE TO HIS WAYWARD SON: TWO CAN PLAY AT THIS GAME.

3 mins read
Star
October 18, 2021

DOES YOUR LAPTOP FEEL SLUGGISH? - TRY THESE 9 THINGS BEFORE YOU GIVE UP

DON’T DITCH THAT AGING LAPTOP UNTIL YOU TRY THESE SPEED-BOOSTING TRICKS FIRST.

7 mins read
PCWorld
October 2021