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Facebook’s Secret Data Sharing Deal with Netflix Exposed: How It Fueled Targeted Ads and Billions in Revenue

Facebook's history of sharing user data with external entities is no secret. In 2012, the social media giant faced scrutiny for sharing data with Cambridge Analytica, resulting in a hefty $5 billion fine. Now, a new court document filed...

Netflix’s Global Paying Users Exceeded 260 Million in 2023: Strategic Marketing Spending Paid Off

Netflix, Inc. (NASDAQ: NFLX) has unveiled its financial results for the fourth quarter and the full fiscal year, ending December 31, 2023, and the results are noteworthy. The OTT streaming giant registered a 12.5% YoY and 3.4% QoQ growth...

Netflix Decoding India’s Streaming Landscape: Revenue Grew 24% YoY, While Profit Surged 75% YoY in FY23

Netflix is making significant strides in India's OTT streaming market, evident from its recent filing. The streaming giant reported an impressive 24% YoY growth in its operating revenue, amounting to Rs 2,214 crore in FY23, ending March 31, 2023....

Netflix Subscriber Count Reaches All-Time High in Q3 2023: Surprise Price Hikes Unveiled!

Netflix unveiled its third quarter financial results that ended on September 30, 2023, and it is nothing sort of remarkable. The streaming giant reported its best quarter with impressive growth in global revenue, net profit and paid subscriber base....

End of Netflix Password Sharing in India: A Shot In Arm or A Shot In Foot?

In a whirlwind of entertainment evolution, Netflix, Inc. (NASDAQ: NFLX) has been making waves with its revolutionary updates over the past year. One of these game-changing transformations is the epic battle against password sharing. Started in the United States,...

Netflix subscription prices in India are slashed by 20% to 60%: Aims to convert freeloaders into paid subscribers

Amidst the intensifying competition, the price of Netflix subscriptions in India has been slashed further. Taking a cue from the success of its business strategy in India, Netflix, the well-known OTT entertainment player, has decided to slash the price of...

Netflix growth in 2022: Despite adding nearly 9 million paid streaming subscribers, revenue & profit declined

The year 2022 has been a rollercoaster ride for the global streaming giant Netflix. In its 2022 earnings release, the company exceeded Wall Street expectations by adding a significant number of paid streaming subscribers to its OTT platform. The number of...

Netflix subscribers grew more than 2 million in Q3 2022, bringing a sigh of relief to investors and stock brokers

The global streaming giant Netflix took a sigh of relief after witnessing a significant increase in its global paid subscriber base. The company released the financial results of the third quarter ended on September 30, 2022. The number of...

After Apple, Tesla, Netflix, Amazon, now Meta starts laying off randomly chosen workers by an algorithm

Last week, Facebook laid off an estimated 60 contract workers who were left stunned by learning that they were selected randomly by an algorithm. While the move clearly shows that companies are now trusting in data-driven decisions more than...

Netflix account sharing is price tagged now: Has it got all wrong?

Netflix account sharing is not going to go away, albeit it's going to be price tagged. After turning a blind eye for years, Netflix is looking serious to clamp down on sharing passwords. The OTT major is currently testing...
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Tech Layoffs in 2024 Showing No Sign of Slowing Down: Google and Tesla Among the Hardest Hit

When layoffs in tech companies peaked in 2023, industry analysts attributed this surge to excessive hiring during the Covid-19...
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