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Sara Salinas / CNBC:
Netflix reports mixed Q4 earnings, with revenue of $4.19B vs. $4.21B est., says it added 8.8M global paid memberships, up from its estimate of 7.6M   —  - The company beat Wall Street estimates for earnings per share, but fell just below projections for revenue.
Jan 17, 2019, 4:35 PMIn context
Alex Sherman / CNBC:
Sources: Walmart has abandoned plans to launch a new streaming service after talks with the former CEO of Epix fell apart, will instead concentrate on Vudu   —  - Talks with veteran media executive Mark Greenberg fell apart last year, according to people familiar with the matter.
Jan 17, 2019, 2:05 PMIn context
Kate Rooney / CNBC:
Square launches Square Card, a debit card for small businesses that gives them immediate access to money from sales made on their Square payments system   —  - The fintech company is launching a debit card for small businesses that gives them immediate access to sales made on the Square payments system.
Jan 17, 2019, 12:40 PMIn context
Salvador Rodriguez / CNBC:
In an internal post, Sophie Alpert, a Facebook manager who oversaw React, says she quit after being harassed for criticizing Facebook's lack of diversity   —  - A Facebook engineering manager who ran an open-source project left earlier this month after being harassed by her colleagues.
Jan 17, 2019, 11:42 AMIn context
Brandon Gomez / CNBC:
Niantic, the company behind Pokémon Go, raises $245M Series C led by IVP at a $4B valuation and says it's working on Harry Potter games   —  Augmented reality developer Niantic said Wednesday it has raised $245 million in a Series C funding round led by venture capital firm IVP.
Jan 16, 2019, 10:40 AMIn context
Ryan Browne / CNBC:
Fractal Analytics, which helps enterprises make decisions by using machine-learning algorithms, raises $200M from private equity firm Apax   —  - Fractal is now valued at $500 million following the investment, according to a source familiar with the deal.  — Apax bought existing shares owned …
Jan 16, 2019, 9:20 AMIn context
CNBC:
SEC filing: Snap CFO Tim Stone, who joined from Amazon in May 2018, will resign, but his last day has not been determined; Snap's stock down 6%+ after hours   —  nap chief financial officer Tim Stone is resigning, the company said in a new filing.  The stock dropped more than 5 percent after hours on the news.
Jan 15, 2019, 5:40 PMIn context
CNBC:
NBCUniversal says it will launch an ad-supported streaming service in Q1 2020 that is free for pay-TV subscribers; source: non-subscribers could pay ~$12/month   —  - NBC's streaming service will be a free, ad-supported product to anyone that subscribes to a pay-TV service.
Jan 14, 2019, 3:10 PMIn context
Elizabeth Gurdus / CNBC:
Tim Cook says revenue for Apple's wearables is 50% more than iPod at its peak, with the Watch and AirPods generating 4-6X more in sales than iPod over same time   —  - Apple CEO Tim Cook says that the revenue from his company's wearable products, namely the Apple Watch and the AirPods, has already topped that of the iPod at its peak.
Jan 9, 2019, 6:40 AMIn context
Salvador Rodriguez / CNBC:
Over a dozen ex-Facebook employees detail how the company's leaders and stacked ranking performance reviews foster a culture where any dissent is discouraged   —  - More than a dozen former Facebook employees detailed how the company's leadership and its performance review system has created a culture where any dissent is discouraged.
Jan 8, 2019, 12:26 PMIn context

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