Reed Hastings Rides Into The Sunset

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, Technology, News

4.7 • 1K Ratings

🗓️ 17 April 2026

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Netflix beat on revenue and income but dropped 10%+ on weak Q2 guidance as Reed Hastings exits the board. Anthropic launches Claude Design, OpenAI overhauls Codex Desktop with computer control, and DeepSeek seeks its first outside funding at $10B+. Netflix reports Q1 revenue up 16% YoY to $12.25B, vs. $12.2B est., net income up 83% YoY to $5.28B, and forecasts Q2 EPS and revenue below est.; NFLX drops 10%+ (Bloomberg) Anthropic launches Claude Design, a new experimental product that lets users create visuals like prototypes, slides, one-pagers, and more using Claude (TechCrunch) Sources: Dario Amodei is set to meet with WH Chief of Staff Susie Wiles on Friday, a breakthrough in Anthropic's effort to resolve its fight with the Pentagon (Axios) OpenAI updates its Codex desktop app with features like computer control, an in-app browser, image generation, automation memory, plugin support, and more (ZDNet) Sources: DeepSeek is in talks to raise outside capital for the first time, seeking at least $300M at a valuation of at least $10B (The Information) Longreads India produces 1.5M+ CS graduates annually, but AI coding tools are forcing its $315B IT outsourcing industry into an existential reckoning (Bloomberg) Doug Liman's $70M movie Bitcoin: Killing Satoshi uses AI for sets, lighting, and more in post-production, cutting costs from an estimated $300M (The Wrap) Defunct startups are being liquidated for their Slack archives, Jira tickets, and email threads—operational exhaust that AI labs now treat as premium training data (Forbes) Learn more at liquid.trade/techbrew. Disclaimer: ● Initial 3 week subscription and 4 weeks of medication from $79 plus tax and $179 per month plus tax for 12 week subscription thereafter. Final pricing depends on program selection. ● Noom GLP-1Rx Program involves healthy diet, exercise and support. Individual results vary. Meds & personalization based on clinical need. Not reviewed by FDA for safety, efficacy, or quality. No affiliation with Novo Nordisk Inc., the only US source of FDA-approved semaglutide. Not available in all 50 US states ● Based on an analysis of self reported data from 1,254 engaged Noom users. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'll now hand you over to my best man, Eddie.
0:04.0	Wow, wow, wow, second time's a charm, eh, Billy Boy?
0:08.0	Oh God.
0:10.0	Substitution, courtesy of Paddy Power, embarrassing Eddie, makes way for sensible Samuel.
0:15.0	Cool, that was close.
0:16.0	You might not always pick the right starter, but your sub can still deliver.
0:19.0	Because with Paddy's Super Sub, your bet rolls over to the player coming on. Paddy Power. Valid on selected leagues and
0:24.3	markets only. Pre-match and in-play bets on qualifying player outcome selections only. Tis and
0:27.8	exclusions apply. 18 plus scummelawrware.com. Welcome to the Techbu, right home for Friday,
0:36.3	April 17th, 2026. I'm Brian McCullough today.
0:39.0	Netflix beat on revenue and income, but dropped on week Q2 guidance as Reed Hastings exits the building.
0:45.7	Anthropic launches Claude Design, opening eye overhaul's Codex desktop with computer control,
0:51.0	and DeepSeek seeks its first outside funding at $10 billion plus.
0:56.0	Here's what you miss today in the world of tech.
1:02.6	Netflix reported earnings last night. Revenue was up 16% and net income was up 83%. But since they
1:09.7	forecast Q2 earnings per share and revenue would come in
1:12.4	below estimates, the stock dropped more than 10%, I think actually more than 12%, quoting Bloomberg.
1:18.6	It was the biggest intraday decline since April 2022. Before the results, the shares had gained
1:23.4	27% since Netflix abandoned its pursuit of Warner Brothers in late February. In its first time
1:29.1	reporting since the collapse of the Warner Brothers Discovery acquisition, Netflix delivered a
1:33.4	lackluster set of results, said Ben Beringer, head of technology research at Quilter Chevoi.
1:40.2	With a double whammy of mediocre results and the departure of a key figure, it is not surprising
	...

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