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Peloton to lay off 400 employees as CEO Barry McCarthy departs

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Peloton, the exercise equipment maker and online fitness course provider, said it is laying off 15% of its workforce (about 400 people) as part of...

Netflix to stop reporting quarterly subscriber numbers

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Netflix unexpectedly announced that it will stop reporting subscriber numbers each quarter, a decision seen as a sign that years of customer gains in...

MultiChoice, Canal+ deal will help fend off Netflix threat

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MultiChoice Group has agreed to work closely with Canal+ to facilitate a mandatory offer that, if successful, will see the French broadcasting giant buying...

Meta denies giving Netflix access to users’ private messages

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Meta is denying that it gave Netflix access to users’ private messages. The claim recently began circulating on X after X owner Elon Musk amplified...

MTN, Vodacom want Netflix, others to pay fair rates for internet...

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South Africa’s biggest mobile operators, Vodacom and MTN, want streamers like Netflix and other big internet companies to pay them for carrying often-huge volumes of...

Netflix expands operations in Africa

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Global streaming giant, Netflix has announced plans to increase its presence in Africa, following the success of its local content production ventures in the...

Netflix loses almost a million subscribers in three months

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Streaming giant Netflix has announced in its 2022 Q2 financial results indicating that it lost over 970,000 subscribers in the 3 months period between April...

Netflix partners Microsoft to launch new ad-supported plan

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Netflix has announced that it is partnering with Microsoft to launch the highly-anticipated ad-supported cheaper plan on its streaming platform. Microsoft, the giant tech corporation,...

Netflix cuts 300 jobs

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Streaming giant Netflix has laid off 300 employees, mostly in the US, in a second round of job cuts following a slowdown in subscriber...

Netflix tests account sharing at extra cost

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Netflix is testing features including one that will allow accounts to be shared outside members’ households at an extra cost, the streaming pioneer said on...
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