MTN Group sees revenue, subscriber growth in Q1
The Pan-African mobile operator announced its Q1 financial results today, saying it now has 297 million customers in the 16 markets in which it operates.
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Netflix Q1 results top expectations as streamer stops reporting subscriber counts
Netflix Q1 revenue rose 12.5% to $10.54B, with EPS at $6.61 and a 31.7% operating margin. The streamer will no longer report subscriber counts, shifting focus to financials and engagement.
Showmax 2.0 win
Showmax 2.0 is officially a year old and is seeing significant growth in its subscriber base, with the number of paying customers increasing by 50% year-on-year in the six months ended 30 September 2024.
LinkedIn sued for allegedly using private messages to train AI
LinkedIn has been hit with a class-action complaint for allegedly violating its privacy promises by using paid subscribers’ private messages to train generative artificial intelligence models.
Netflix Q4: Soaring subscriber gains, stock rises sharply
With a current total of 302 million global subscribers — and 80 million in the U.S. — Netflix stock soared in after-market trading, up 13% to $984.02. Quarterly revenue grew 16% to $10.2 billion.