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Business, Stocks

“Netflix stock surges 13% as profit beats expectations, ad-tier subscriptions rise”

“Netflix shares surged Thursday morning, after the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier. The streaming giant said after the market closed Wednesday that it had added 8.76 million global… Continue Reading…

Business

“Twitter launches its first subscription service”

“Twitter announced on Thursday the launch of Twitter Blue, the company’s first subscription service designed for power users willing to pay a monthly fee for exclusive features. It’s the company’s first attempt at a subscription business model and could diversify Twitter’s… Continue Reading…

Business

“Twitter says it’s looking at subscription options as ad revenue drops sharply”

“Twitter (TWTR) is actively exploring additional ways to make money from its users, including by considering a subscription model, CEO Jack Dorsey said Thursday. The move comes as Twitter suffers a sharp decline in its core advertising business. “You will likely see… Continue Reading…