Core Insights - The number of new Netflix subscribers increased significantly in the fourth quarter, adding 19 million new paid users, marking the largest quarterly net additions in the company's history [1][3] - Quarterly revenue reached $10.2 billion, reflecting a 16% increase compared to the previous year, surpassing analysts' expectations of $10.11 billion [1][2] Subscriber Growth - Netflix's subscriber growth was driven by efforts to crack down on password sharing, which led to an influx of new subscribers [2] - The company gained 13 million paying viewers in the same quarter of the previous year, indicating a substantial year-over-year growth [1] Market Reaction - Following the announcement, Netflix shares rose as much as 11% in after-hours trading, reflecting positive investor sentiment [2] Future Reporting Changes - Netflix will cease reporting quarterly subscriber numbers starting in 2025, which may impact how the market evaluates its growth moving forward [2][3] Content Performance - The release of season two of "Squid Game" contributed to the subscriber growth, breaking the record for premiere week viewership [2]

Two sets of analysts downgraded Apple, citing weak iPhone demand.Apple's AI-powered iPhone 16 has had mixed reviews; its biggest feature is unavailable in China.Chinese smartphone makers like Xiaomi are gaining market share over Apple in the key region.Wall Street's confidence in Apple's China performance seems to be slipping as its first-quarter fiscal year 2025 earnings announcement approaches. Apple, which is scheduled to report quarterly data on January 30, was downgraded to "underperform" by analysts a ...

Meta will pay TikTok creators who post on Instagram and Facebook with a new program.The "Breakthrough Bonus" will pay eligible creators up to $5,000 within a 90-day period.Meta will also ink "content deals" with TikTok creators, a spokesperson told Business Insider.TikTok is back for now, but Meta is looking to get its creators to post on Instagram and Facebook. Meta is paying "eligible TikTok creators to help jumpstart their growth on our apps," a Meta spokesperson told Business Insider. The program began ...

Nvidia CEO Jensen Huang used CES 2025 as an opportunity to highlight autonomous vehicle tech.Nvidia's Orin chips will power Toyota's driver-assist features, in a new partnership.The chip designer offers a "shot in the arm" for a floundering industry.Nvidia CEO Jensen Huang says true self-driving cars require three advanced computers. There's a computer to train the models to understand the world, the computer running simulations that allow these models to practice encountering important but unlikely scenari ...

A TikTok ban could happen as early as January 19.A ban could mean the migration of users — and billions of ad dollars — to competitors.Meta could gain up to $3.38 billion solely through freed up ad revenue, eMarketer estimated.If TikTok is booted from US app stores, Meta could stand to be one of the largest beneficiaries, analysts say. TikTok, the video platform owned by China's Bytedance, faces an impending ban if the US Supreme Court upholds a law that forces the parent company to divest from TikTok's US ...

Amazon is cutting jobs in its Fashion and Fitness group, according to internal messages seen by BI.A spokesperson said the cuts affect about 200 employees.Amazon has been trying to expand in apparel and fashion categories for years.Amazon is cutting jobs in its Fashion and Fitness group, according to internal messages seen by Business Insider. One of the internal messages, posted to an internal Amazon Slack channel, said San Diego-based employees in this group, known as F2, were let go recently.An Amazon sp ...

Core Insights - Companies often use euphemistic language to describe job cuts, such as "reduction in force" or "non-regrettable attrition," to avoid alarming investors and employees [2][3][10] - Despite the use of softer terms, the impact on affected workers remains significant, and such language does not mitigate the emotional toll of layoffs [6][13] Group 1: Company Practices - Meta announced it would cut an additional 5% of "low-performers," referring to this as "non-regrettable attrition," which has drawn criticism for its euphemistic nature [2][8] - Amazon employs the term "unregretted attrition" for similar job cuts, reflecting a trend among companies to avoid the term "layoff" [2][5] - Bumble plans to cut about 30% of its workforce in 2024 to align its operating model with future strategic priorities [5] Group 2: Expert Opinions - Experts argue that the euphemistic language used by companies often fails to soften the blow for employees and can lead to decreased morale and productivity [6][10][13] - Steve McClatchy noted that such language attempts to reassure investors but often backfires, as it does not address the underlying issues of poor hiring and management [3][9] - Sandra Sucher highlighted that terms like "non-regrettable attrition" are designed to sugarcoat layoffs, implying that employers have control over workforce changes when they often do not [11][12] Group 3: Social Reactions - The use of euphemisms has led to public mockery on social media, with users expressing cynicism about terms like "non-regrettable attrition" [2][16] - The phrase "rank and yank" is used in HR contexts to describe the practice of scoring and removing the worst performers, which can also contribute to a negative perception among employees [16]

Core Insights - The president of Emirates airline emphasizes the need for Boeing's new CEO to improve worker treatment to foster better company performance [1][6] - Boeing has faced significant challenges, including a seven-week strike and certification delays for the 777X model, leading to a decline in aircraft deliveries [2][3] - The company delivered only 348 planes in 2024, marking its lowest output since the pandemic [3][6] Company Performance - Boeing's shares fell by 31% in 2024, making it the largest decliner among the 30 stocks in the Dow Jones Industrial Average [5] - The company is undergoing a production overhaul under new CEO Kelly Ortberg, who took over in August [4] Industry Context - Emirates is one of Boeing's largest customers, with a significant order of over 200 modernized 777X aircraft [3] - Tim Clark believes Boeing's recovery will take years, suggesting that the company must prioritize quality and safety in aircraft production to regain profitability [4]

Core Insights - Tesla is offering discounts on the Cybertruck to recover from declining sales, with up to $1,600 off new models and $2,600 off demo versions [1][6] - The company has moved workers from the Cybertruck production line to the Model Y line, indicating a shift in focus due to sales scrutiny [2] - Despite having two million reservations prior to release, the Cybertruck has contributed to Tesla's first annual sales decline in 2024 [3] Sales Performance - Tesla sold 85,000 "other vehicles," including Cybertrucks, Model X, and Model S in 2024, but specific Cybertruck sales figures are not disclosed [2] - The Cybertruck is reportedly turning a profit and outselling competitors like the Ford F-150 Lightning, yet it has not prevented the overall sales decline [3] Product and Pricing Strategy - The Cybertruck was initially priced over $100,000, with a cheaper all-wheel-drive version introduced at $80,000 in October [5] - Discounts are aimed at addressing price barriers for potential buyers, especially after multiple recalls in 2024 [4]

Boeing delivered 348 commercial aircraft last year, fewer than half as many as rival Airbus.It's the sixth year in a row Boeing has lagged behind its European competitor.After a troubling year, the planemaker has a plan to turn things around.Boeing reported last year's delivery figures late Tuesday, and they show the scale of the challenge that lies ahead. The embattled planemaker delivered 348 commercial aircraft in 2024 — down by just over a third since the year before. It was its lowest figure since the ...