Welcome to the Tech Mem Ride Home for Wednesday, July 20th, 2022.

I'm Brian McCullough today.

Netflix reported earnings that weren't as bad as even they had been telegraphing.

So that's something.

The court case is already going against how Elon Musk hoped it would go.

What's up with everyone leaving Neurolink and a deep dive look at Be Real. Is it the next big thing or just the latest fad?

Here's what you miss today in the world of tech.

Netflix leads us into tech earning season as they always do, but this was

maybe the most watch Netflix Numbers report in years. The bottom line is, Netflix didn't lose as many

subscribers as they feared. Revenue numbers were roughly in line but the

company was able to report it only lost 970,000 subscribers versus the 2 million subscribers they had projected they would lose.

This has Netflix stock up, quoting CMBC.

The company which currently has 220.67 million subscribers

said it expects net ads to reach 1 million in the third quarter,

reversing some losses seen during the first half of the year.

Analysts had predicted Netflix would guide for growth of around 1.8 million subscribers.

Netflix also noted that it is in the early stages of its paid sharing plan.

This is an effort it mentioned last quarter that would upcharge some members for sharing

their subscription with family members or friends that live outside their home.

The company said it is looking at two different

approaches in test cases in Latin America that can inform a wider rollout in 2023."

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