TNB Tech Minute: Netflix Reports Strong Earnings

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.3 • 1.7K Ratings

🗓️ 23 January 2024

⏱️ 2 minutes

🔗️ Recording | iTunes | RSS

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Summary

Plus: France’s privacy regulator fines Amazon’s local warehouse management business. And Wayfair was more likely to lay off remote employees. Alex Ossola hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Shopify.
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0:12.0	control and grow your own business.
0:13.7	So get serious about selling and get Shopify today.
0:16.7	Sign up for a one pound per month trial period at shopify.coidek slash special offer
0:21.8	or lowercase That Shopify.
0:24.0	Coe dek slash Special Offer.
0:27.0	Here's your Tn B Tech Minute for Tuesday, January 23rd.
0:32.0	I'm Alex Osala for the Wall Street Journal.
0:35.0	Netflix says it added about 13 million subscribers in the fourth quarter,
0:39.0	its strongest final quarter ever for Net Editions.
0:42.0	The streaming giant ended the year with 260.28
0:45.6	million subscribers up more than 12% from a year earlier. That robust
0:50.3	subscriber growth is a sign that its global crackdown on password sharing was a success.
0:55.2	Revenue increased 12.5 percent from a year earlier to 8.8 billion dollars, beating its expectations.
1:02.4	France's privacy watchdog has find Amazon's local warehouse management business
1:07.0	saying that the company had a quote excessively intrusive system to keep track of staff performance.
1:12.0	The country's data protection regulator, the CNIL,
1:15.0	announced that it had fined Amazon France Logistic
	...

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