Millennials #IRL

Netflix to open a production hub in New York and invest up to $100 million in the city

Netflix is coming to New York City in a big way. "New York has created a film-friendly environment that's home to some of the best creative and executive talent in the world, and we're excited to provide a place for them at Netflix with our production hub," said Jason Hariton, Director of Worldwide Studio Operations & Real Estate at Netflix, in a statement.

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  Alexa owners can listen to Amazon Music for free -- with ads

  Engadget
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  Amazon launches ad-supported music service to Echo owners

  TechCrunch

Netflix will invest up to $100 million in a NYC production hub

It's establishing an NYCproduction hub that will include six sound stages in Brooklyn and an expandedoffice in Manhattan's Flatiron District

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  ‘Stranger Things’ plagiarism lawsuit heads to trial

  Engadget
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  Facebook stored millions of Instagram passwords in plain text

  Engadget

Fitbit Versa Lite review: The basics aren't enough

I wasn't sure what to expect when Fitbit announced the Versa Lite smartwatch . It's supposed to be a pared-back iteration of last year's Versa , which itself was already a watered-down version of the company's first true smartwatch, the Ionic . For $200, the Versa was actually a pretty compelling mix of an Apple Watch-inspired design, capable fitness tracking and a robust operating system at a reasonable price. But it begs the question: How much more stripped down can you get? Apparently about $40 more. Fitbit somehow managed to squeeze $40 of tradeoffs out of the Versa to deliver the Versa Lite. It brings over most of my favorite features from the more expensive watch, but it might be too "lite" even for the first-time smartwatch buyers the company is targeting.

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  Netflix is turning Broadway's 'Boys in the Band' into a film

  Engadget
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  Facebook now says its password leak affected 'millions' of Instagram users

  TechCrunch

Facebook bans several major UK far-right groups

Facebook has banned a swath of UK far-right groups including the British National party (BNP), the English Defence League (EDL) and Britain First. The action is part of its ongoing clampdown on hateful rhetoric, which has already seen it ban former EDL leader Tommy Robinson from its main platform and Instagram.

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  Google & Amazon reach an agreement to bring their streaming video apps to each others' platforms

  TechCrunch
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  Google and Amazon end their ridiculous streaming video spat

  Engadget

Pinterest and Zoom IPOs: Here's how to avoid another Lyft disaster

The Lyft IPO has rightfully left a bad taste in the mouths of many investors who were clearly bamboozled.

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  Former Google CEO Eric Schmidt says tech companies can regulate themselves

  Yahoo Finance
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  Amazon will close its Chinese platform for third-party sellers in July

  Engadget

Amazon China to close local marketplace and place more focus on cross-border

Amazon has finally given up the fight with Chinese online shopping giants tocapture the domestic market

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  Facebook is working on a voice AI rival to Siri and Alexa

  Engadget
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  Facebook 'unintentionally' saved contacts of 1.5 million new users

  Engadget

Is Disney Spending Enough on Disney+ Original Content?

One analyst thinks the entertainment giant's plan will fall short of its subscriber goal.

Understanding Netflix’s Revenue Trends

Netflix Beats Analysts’ Q1 Estimates, Weak Guidance Disappoints(Continued from Prior Part)Netflix’s revenue trendsNetflix’s (NFLX) revenue grew 2.2% YoY (year-over-year) to $4.52 billion in the first quarter, beating Wall Street’s estimate

Why Netflix Is Still King of Content

The Latest on PINS, AAPL, IBM, and NFLX(Continued from Prior Part)Netflix has added an astonishing 18.4 million subscribers in the last two quartersVideo streaming giant Netflix (NFLX) continues to add more subscribers despite the looming threat of

3 Trends Emerging from the Q1 Earnings Season

3 Trends Emerging from the Q1 Earnings Season

Netflix Stock Drops despite Positive Q1 Results

Netflix Beats Analysts’ Q1 Estimates, Weak Guidance DisappointsNetflix in Q1The world’s largest video streaming service provider, Netflix (NFLX), announced impressive first-quarter results after the closing bell on April 16, beating Wall