Verizon is betting its future on 5G, while its current network is producing a mixed bag of results — just look at its latest quarterly earnings. On the positive side, the company posted stronger-than-expected first-quarter profits on Tuesday when it reported earnings for the first three months of the year. It also reported a net …
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Netflix added subscribers like gangbusters but it won’t book as many next time
Netflix‘s latest report on its business had a twist ending this time: The streaming-video giant still is adding customers like crazy, but it doesn’t expect its growth to keep pace in the coming months US subscribers grew by 1.74 million and its members abroad climbed by 7.86 million, Netflix said in a report Tuesday on its first-quarter financial performance. But …
Read More »Netflix wants you to know Umbrella Academy, Triple Frontier, and Fyre are so hot right now
Netflix is happy to brag about how many of its 148 million subscribers are watching its shows and movies — it means more of you sheeple will click play too. Netflix let spill Tuesday that its heist movie Triple Frontier was watched by 52 million accounts, superhero series Umbrella Academy by 45 million and its Fyre Festival documentary by 25 million, …
Read More »Twitter earnings show that advertisers like a less toxic social network
Twitter can be filled with harassment, bullying, misinformation and hate speech — not exactly a warm and fuzzy place for people or companies hoping to spread their messages. On Thursday, Twitter showed it’s making strides against toxic users. The company reported that the number of monthly active users fell slightly to 321 million in the fourth quarter from 326 million in the …
Read More »Moto G7 and LG G8 get the smartphone wars going (The 3:59, Ep. 517)
On this podcast, we talk about: A look at the new Moto G7 phone lineup… …and the new LG G8 ThinQ phone. Home security drones. Twitter’s quarterly earnings showing some improvement. Now playing: Watch this: Moto G7 and LG G8 get the smartphone wars going (The… 4:41 The 3:59 gives you bite-size news and analysis about the top stories of the …
Read More »Spotify wants to build a podcast empire, starts by buying Gimlet and Anchor
Spotify picked up podcast companies Gimlet and Anchor as it looks for new listeners, the streaming service said Wednesday. “Our podcast users spend almost twice the time on the platform, and spend even more time listening to music,” Spotify CEO Daniel Ek said in a statement. “We have also seen that by having unique programming, people who previously thought Spotify …
Read More »Et tu, Apple? iPhones will tout AT&T’s fake 5G E network (The 3:59, Ep. 515)
On this podcast, we talk about: Apple iPhones are now showing AT&T’s fake 5G E logo, too. Samsung invests in Refrigerdating. Google’s earnings don’t miss a beat, despite scandals. Now playing: Watch this: Et tu, Apple? iPhones will tout AT&T’s fake 5G E network… 4:31 The 3:59 gives you bite-size news and analysis about the top stories of the day, …
Read More »Snap’s earnings show that users aren’t disappearing anymore
Snap, which has struggled to keep users on its Snapchat app, broke its losing streak. Snap said Tuesday that 186 million users logged in to the vanishing-messaging app daily in the fourth quarter, the same number as in the previous quarter. Snap had seen a drop in daily usage for two consecutive quarters last year after an unpopular redesign of the …
Read More »Is Facebook scandal proof? (The 3:59, Ep. 513)
On this podcast, we talk about: How Facebook shrugged off controversy to post strong earnings. What Samsung’s earnings mean for the smartphone business. The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by the CNET News team in New York and producer Bryan VanGelder. Now playing: Watch this: Is Facebook scandal …
Read More »Amazon’s surging revenue growth shows signs of slowing
Amazon’s years-long, meteoric growth rate may finally be cooling. The e-commerce company on Thursday reported fourth-quarter revenue of $72.4 billion, up 20 percent and at the top of the company’s guidance from October. Earnings surged to $3 billion, or $6.04 a share, handily beating analysts’ expectations of $5.67, according to Yahoo Finance. But guidance for first-quarter revenue was weaker than …
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