Tech’s day of reckoning on Capitol Hill was long and harsh

2019-07-16

Tech’s day of reckoning Tuesday on Capitol Hill started with skepticism about Facebook Inc.’s proposed digital currency, and ended with a spirited debate over charges of anti-conservative bias on Alphabet Inc.’s Google search. In between, the industry’s Big Four took some plenty of body blows from both political parties. Nonetheless,Read More →

Netflix is about to pass yet another subscriber milestone

2019-07-16

When Netflix Inc. reveals its subscriber additions Wednesday afternoon, it should pass a milestone: 150 million paying subscribers. The streaming-video service is expected to cross that threshold when it reports second-quarter earnings, after ending the first quarter with 148.9 million. Netflix NFLX, -0.17%  predicted that it would add 5 millionRead More →

‘Murder Mystery’ breaks Netflix viewing record

2019-06-19

Netflix/Everett Collection Netflix’s ‘Murder Mystery’ featuring Adam Sandler and Jennifer Aniston. After years of declining to get specific about numbers, Netflix NFLX, +1.79%   is finally cluing the public in. The streaming behemoth wants you to know its new comedy caper “Murder Mystery” is a big hit. Netflix’s de factoRead More →

Uber stock hit by executive shake-up a month after the IPO

2019-06-07

Shares of Uber Technologies Inc. fell more than 1% in the extended session Friday after Chief Executive Dara Khosrowshahi said in an email to employees the ride-hailing company’s chief operating officer and chief marketing officer are leaving. Khosrowshahi said in the email that he and COO Barney Harford had agreedRead More →

Slack non-IPO: 5 things to know about the direct listing

2019-05-20

Slack Technologies Inc. is looking for a better direct-listing fate than Spotify Technology SA. The music-streaming service reminded tech unicorns late last year that companies don’t have to issue new shares or raise money through a traditional offering if they wish to go public, and now Slack is following inRead More →