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BusinessBloombergNetflix Falls on Weak Forecast, Plan to End Subscriber Count
(Bloomberg) -- Netflix Inc. shares tumbled the most in two years on Friday as a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year.Most Read from BloombergTraders Are Cashing Out of Markets En MasseNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemElon Wants His Money BackNigeria’s Economy, Once Africa’s Biggest, Slips to Fourth PlaceDubai Grinds to Standstill as
BusinessTechCrunchStartups Weekly: Is the wind going out of the AI sails?
Welcome to Startups WeeklySign up here to get it in your inbox every Friday. The report highlights a notable decrease in both private and corporate investments in the AI sector for the second consecutive year, with overall investments dropping by 20% in 2023 compared to the previous year, Kyle reports. Despite this general downturn, certain segments like generative AI continue to attract significant funding, indicating a selective yet substantial interest in specific AI applications.
BusinessBloombergNetflix Joins Apple, Meta in Withholding Key Data From Investors
(Bloomberg) -- Netflix Inc. shares fell the most in nine months Friday, taking the shine off stellar first-quarter financial results following management’s decision to stop reporting quarterly subscriber data.Most Read from BloombergTraders Are Cashing Out of Markets En MasseNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemElon Wants His Money BackNigeria’s Economy, Once Africa’s Biggest, Slips to Fourth PlaceDubai Grinds to Standstill as Flooding Hits CityThis metric has