Netflix on the verge of hitting 100 million subscribers
"We're super excited expecting to cross 100 million this weekend, that's a big accomplishment".
Netflix, which has been rapidly expanding globally as its business in the US slows, predicted that profit will drop in the second quarter as the company spends more on new series and movies.
USA paid subscribers continued to grow at a slower pace than we previously projected, with trailing 12-month paid net adds at 3.7 million in the quarter, down 32% from 5.4 million at the end of first-quarter 2016, which was down 9% versus 2015. "But Netflix clearly had a vision before those devices became so ubiquitous", he added.
For the second quarter of 2017, Netflix expects to double the 1.68 million total subscriber additions added in the second quarter of previous year.
Wall Street was expecting 5.27 million new subscribers. In these years, Netflix has added 72 million more subscribers.
A lot of companies and social networking services have invested in streaming live sports events in the past year, but don't count Netflix among them.
US President Orders Changes to H1-B Visa Program
Citizenship and Immigration Services says the number of applications for H-1B visas fell to 199,000 this year from 236,000 in 2016.
Thousands march demanding Trump release taxes
He wrote, someone should look into who paid for the small organized rallies yesterday. More than 100 similar marches are scheduled across the country on Saturday.
Verstappen fastest in 3rd and final practice at Bahrain GP
The team struggled previous year after switching back to Honda engines and it looks like things are getting worse. Five drivers are eliminated from the first two parts of qualifying - Q3 and Q2 - to leave the best 10 in Q1.
In Q1, the company reported USA streaming revenues of $1.5 billion and $1.05 billion coming from the global market.
For all its progress, Netflix still has ways to go ahead before it reaches to HBO's mark, the successful pay-TV channel that has helped as its role model.
The firm's shares fell in after hours trading, dropping 3% with investors disappointed by the slower-than-expected growth. Netflix's subscriptions range from $8 to $12 per month, with the most popular option at $10.
According to commentators, this showed the impact of the video streaming service on the entertainment landscape since it debuted a decade ago. In Q2, Netflix expects to earn $1.14 billion from worldwide streaming and will incur a $28 million loss. It also expects to earn $.15 per share vs. $.09 a year earlier, on sales of $2.76 billion, up 31%, for the second quarter. "In Q1, we surpassed $2.5 billion in quarterly streaming revenue and added 5 million members".
Netflix hasn't given any inkling it will raise prices again. In fact, it's expected to spend $6 billion for it this year. Hastings said the United States market is still growing and he doesn't expect subscriber numbers to hit a wall anytime soon.
Be Civil - It's OK to have a difference in opinion but there's no need to be a jerk.
Serena Williams shows off her baby bump on Snapchat
Other women have left the tour to have children and returned at a high level, though none has done so at Williams' age. The photo was later deleted, but a spokeswoman for Williams, Kelly Bush Novak, confirmed that she was indeed pregnant.
Ice to Meet You: Newfoundland Sees First 'Berg of Season
For better or for worse, the large iceberg that popped up near Newfoundland over the weekend could be there to stay. And sometimes, they welcome the arrival of colossal, 10,000-year-old icebergs passing through on a springtime jaunt.
Facebook Is Working on Some Brainy Technology
In charge of the unit is Regina Dugan, who led a similar group at Alphabet Inc's Google and was previously director of the U.S. But the system that Facebook hopes to build wouldn't be invasive, relying instead on the use of sensors.
James White, Patriots agree to three-year contract extension
Lengel played in six games with the Patriots in the regular season and all three postseason games, including Super Bowl LI. The front office didn't have much cap space to work with, but they found a way to make a few major moves.
Women's Championship match announced for next week's Smackdown
Charlotte said it has been seven days since she moved from Monday Night Raw to SmackDown Live in the "superstar shakeup". Mahal takes advantage to hit a Full Nelson slam on Zayn to pick up the surprising victory.
Nokia 6 Users Receiving Update to Android 7.1.1
The company is also expected to release the Nokia 3 and Nokia 5, which are lower-end, in some countries in early May. At this point, it's still easy days, and there's no way to prove if the purported sketch is legitimate.
Russia, Google reach $7.8 million settlement on Android case
Not only is the company being fined $7.8 million Dollars , but it has agreed to allow the pre-installation of third-party apps. The deal also makes it possible for other applications to be pre-installed on Android devices in Russian Federation .
Russian Federation responsible 'by proxy' for suspected Syrian chemical attack: United Kingdom minister
He also said the top USA priority in the region hasn't changed and remained the defeat of Islamic State militants. But Tillerson said he sees no reason for retaliation from Moscow because Russian Federation wasn't targeted.
Carrie Fisher Won't Appear in Star Wars: Episode IX
He told a University of Southern California conference: "Her performance, which we're really pleased with, remains as it was". We now have our first peek at the next chapter in the Star Wars saga, " Star Wars : Episode VIII - The Last Jedi".
Sliding home: Jackie Robinson gets statue at Dodger Stadium
Many historians believe Robinson's breakthrough was an early step that eventually led to other civil rights breakthroughs. The statue is located in the left field reserve plaza with a view of downtown Los Angeles and Elysian Park.