Posts Tagged: done
Netflix is done telling us how many people use Netflix
Netflix will stop disclosing the number of people who signed up for its service, as well as the revenue it generates from each subscriber from next year, the company announced on Thursday. It will focus, instead, on highlighting revenue growth and the amount of time spent on its platform.
“In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential,” the company said in a letter to shareholders. “But now we’re generating very substantial profit and free cash flow.”
Netflix revealed that the service added 9.33 million subscribers over the last few months, bringing the total number of paying households worldwide to nearly 270 million. Despite its decision to stop reporting user numbers each quarter, Netflix said that the company will “announce major subscriber milestones as we cross them,” which means we’ll probably hear about it when it crosses 300 million.
Netflix estimates that more than half a billion people around the world watch TV shows and movies through its service, an audience it is now figuring out how to squeeze even more money out of through new pricing tiers, a crackdown on password-sharing, and showing ads. Over the last few years, it has also steadily added games like the Grand Theft Auto trilogy, Hades, Dead Cells, Braid, and more, to its catalog.
Subscriber metrics are an important signal to Wall Street because they show how quickly a company is growing. But Netflix’s move to stop reporting these is something that we’ve seen from other companies before. In February, Meta announced that it would no longer break out the number of daily and monthly Facebook users each quarter but only reveal how many people collectively used Facebook, WhatsApp, Messenger, and Instagram. In 2018, Apple, too, stopped reporting the number of iPhones, iPads, and Macs it sold each quarter, choosing to focus, instead, on how much money it made in each category.
This article originally appeared on Engadget at https://www.engadget.com/netflix-is-done-telling-us-how-many-people-use-netflix-215149971.html?src=rss
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics
Apple is done with the $17,000 gold Apple Watch Edition
Apple will no longer fix or offer any other kind of service for the first-generation of Apple Watches, including the 18-karat gold Apple Watch Edition.
Digital Trends
Twitter is reportedly done with job cuts and has started hiring again
Twitter won’t be firing and laying off more people, Elon Musk reportedly told the staff members who remained after asking employees to commit to an “extremely hardcore” Twitter during an all-hands meeting. According to The Verge, which heard a partial recording of the event, the company is even actively looking for people to fill roles in engineering and sales. Musk apparently made the announcement on the same day layoffs hit the company’s sales and partnerships teams. Robin Wheeler, Twitter’s head of ad sales, and VP of partnerships Maggie Suniewick were reportedly fired for opposing Musk’s directive to cut more employees. Of course, these all happened after the website’s new owner ordered layoffs that cut the company’s workforce in half.
Musk didn’t specify which roles Twitter is hiring for during the meeting, The Verge said, but he did say that “[i]n terms of critical hires, people who are great at writing software are the highest priority.” Since this all-hands was also the first time Musk met with staff members following his takeover, employees asked him questions about the company’s future, including whether Twitter will move its HQ to Texas like Tesla did. Musk replied that there are no plans for Twitter to move, but that being “dual-headquartered” in both states could make sense.
He also said moving to Texas would “play into the idea that Twitter has gone from being left-wing to right-wing.” Musk said that’s not the case. “It is a moderate-wing takeover of Twitter… to be the digital town square, we must represent people with a wide array of views even if we disagree with those views,” he added. As The Verge notes, Twitter recently fired people who called out Musk through tweets and through other avenues.
In addition to addressing questions about the inner workings of the company, Musk announced during the meeting that Twitter might not be relaunching paid verification before this month ends, after all. If you’ll recall, the website had to pause its $ 8-a-month Blue subscription with verification shortly after it was launched due to a steep rise in impersonation and fake accounts on the website.
Musk previously said that Blue Verified would return on November 29th. But now he told employees and has also announced that Twitter won’t be relaunching the subscription system until the website is confident that it can stop impersonation. Also, Twitter might ultimately give individuals and organizations different color checkmarks, which will make it apparent if users are interacting with a company’s or org’s actual account. Twitter already has a gray “Official” checkmark reserved for organizations, but it looks like it wants to make the indicator more visible and recognizable as a way to prevent people from being duped by impersonators.
Holding off relaunch of Blue Verified until there is high confidence of stopping impersonation.
Will probably use different color check for organizations than individuals.
— Elon Musk (@elonmusk) November 22, 2022
Ten years later, Blizzard is done making content for ‘StarCraft II’
A few months after StarCraft II’s 10th year anniversary, Blizzard has announced that it’s moving away from creating new content for the title and focusing on “what’s next.” Blizzard VP Robert Bridenbecker said the developer won’t be producing for-pur…
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Games Done Quick will host a charity stream for COVID-19 relief
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Elon Musk’s Boring Company is done excavating first Las Vegas tunnel
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Andy Rubin’s done, and don’t expect an Essential Phone 2
If you ever need to know what not to do when launching a new flagship phone or phone manufacturer, simply look to Andy Rubin and his company, Essential. While the Essential Phone was a genuinely cool product and a great phone, Rubin botched just about every step of the process and hamstrung the company every […]
Come comment on this article: Andy Rubin’s done, and don’t expect an Essential Phone 2
bHaptics’ TactSuit is VR haptic feedback done right
Every now and then, we come across a new attempt to bring haptic feedback to VR, but we've yet to see one that's fully convincing; those that are still around tend to be both pricey and far from ready for the market. Well, this is apparently no longe…
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Loki Wi-Fi meat thermometer monitors your meal, tells you when it’s done
This “Smart Meat Thermometer” gives chefs a temperature probe for their cooking, and then relays the data via a mobile app to say how the food is cooking and when it’s likely to be ready.
The post Loki Wi-Fi meat thermometer monitors your meal, tells you when it’s done appeared first on Digital Trends.