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China's Media Crackdown Sends A Chill Through Its Tech Sector
7 monthes ago - By Forbes
China is going after some of its most successful media companies in latest crackdown, which suggests broadened censorship scope and a further tightening up of its online environment.
Read more ...Why Netflix Stock Jumped as Much as 8% to an All-Time High
7 monthes ago - By Fortune
Growth at big companies chasing mature markets is supposed to slow down. Think about wireless phones or cable TV. But that rule doesn't seem to apply to Netflix , at least not yet.
Even after more than 20 years in business, the world's biggest streaming video service experienced some of its fastest growth ever in the first quarter, helping to give its stock a big lift.
Netflix shares, which hit an all-time high of $333.98 last month before selling off in the recent stock market decline, jumped as much as 8% in after hours trading on Monday. That put the stock price just pennies below the...
Read more ...CEO Reed Hastings thinks Netflix is 'inoculated against' a potential regulatory crackdown on tech companies
7 monthes ago - By Business Insider
Regulators are talking seriously about imposing new regulations on Facebook and other big tech companies.
But Netflix CEO Reed Hastings thinks his company will be unaffected by a regulatory crackdown.
Unlike other tech giants, the streaming video company doesn't sell ads, and is much more of a media company, he argued on a conference call following Netflix's first-quarter earnings report.
Hastings sits on Facebook's board of directors.
In the wake of the Cambridge Analytica scandal and the Russian government's alleged attempt to influence the 2016 presidential election, policymakers in the...
Read more ...
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Sundar Pichai says more than 100 Google employees were working on a censored...
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The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. For couples...
Theresa May on brink of no confidence vote amid reports of 48 letters from...
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Dell votes in favor of going public again
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