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☆ Netflix earnings: Will the streaming service continue to make profit into 2024?
▼ + stars: | 2024-01-23 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

Netflix, which is in a quiet period ahead of earnings, declined CNN’s request for comment. In November, Netflix aired its first-ever live sports event, and its third-ever foray into live programming, called “The Netflix Cup,” a crossover competition between Formula 1 drivers and professional golfers. “We are investing heavily in increasing our live capabilities,” Netflix’s co-CEO Ted Sarandos said on the company’s earnings call in October. Next, Netflix plans to experiment with a new type of live programming: award shows. But even before the announcement, the number of shows and original programming Netflix churned out had already hit its peak, according to data analyzed by MoffettNathanson.

Persons: ’ ”, Jessica Reif Ehrlich, Reed Hastings, Amy Reinhard, Netflix’s, Reif Ehrlich, Philip Pacheco, ” Netflix’s, Ted Sarandos, Greg Peters, ” Peters, Matthew Harrigan, ”, Scott Stuber, Max, Peacock, MoffettNathanson, Harrigan, ” Harrigan Organizations: Los Angeles CNN, Netflix, Warner Bros, Bank of America, Guild of America, Netflix Inc, Bloomberg, Getty, Formula, Theft, Amazon, Hulu, Disney, Paramount Locations: Hollywood, FactSet

☆ SpaceX engineer risked drunk driving rather than ignore an Elon Musk order: book
▼ + stars: | 2023-09-17 | by ( Polly Thompson | Grace Dean | ) www.businessinsider.com time to read: +3 min

Musk's management style allows him to "move faster, take more risks, break rules, and question requirements", Isaacson writes in his biography published this week. AdvertisementAdvertisementOne engineer, Kiko Dontchev, described how having just returned home to his wife after working three days straight, he was told Musk wanted him back at the hangar. In several cases the brutal management style and intense expectations of the SpaceX CEO prompted employees to quit. But sometimes, tools get worn down and [Musk] feels he can just replace that tool," Hughes told Isaacson. It cares about whether you got the rocket right," he told Isaacson.

Persons: Elon, Walter Isaacson's, Musk, Walter Isaacson, Elon Musk, Isaacson, He's, Kiko Dontchev, PHILIP PACHECO Lucas Hughes, Hughes, It's, Tom Mueller Organizations: SpaceX, Service, Elon, Wall Street, Employees, Crew Locations: Wall, Silicon

☆ The Problem With Tesla’s AI Rally in Eight Charts
▼ + stars: | 2023-06-20 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

Ford and GM have signed deals to use Tesla’s Supercharger network. Photo: Philip Pacheco/Bloomberg NewsThere are a lot of theories for why Tesla ’s market value has increased by about a quarter-trillion dollars over the past month. You have to go far down the list to find the thing investors usually pay most attention to: the foreseeable outlook for profit.

Persons: Philip Pacheco, Tesla Organizations: Ford, GM, Bloomberg

☆ Why Tesla’s Stock Rally Doesn’t Make Sense—in Eight Charts
▼ + stars: | 2023-06-20 | by ( Stephen Wilmot | ) www.wsj.com time to read: 1 min

Persons: Philip Pacheco, Tesla Organizations: Ford, GM, Bloomberg

☆ Elizabeth Holmes just reported to prison. It'll be a drastic change of lifestyle for the convicted Theranos founder.
▼ + stars: | 2023-05-31 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +4 min

Theranos founder Elizabeth Holmes has reported to prison to begin her 11-year sentence. After several delays, she arrived at a federal prison camp in Bryan, Texas on May 30. Once worth billions on paper, Holmes can expect a drastic change in lifestyle in custody. She reported to a federal prison camp for women in Bryan, Texas, to commence her sentence after losing her most recent appeal. Holmes wouldn't be able to walk freely about the prison camp, and her timetable would be strictly controlled.

Persons: Elizabeth Holmes, Holmes, fraudster Elizabeth Holmes, adieu, John Carreyrou, Bryan, Billy Evans, Philip Pacheco, Theranos, Holmes wouldn't, Bryan she'd Organizations: Securities and Exchange Commission, Wall Street Journal, Getty, CNBC, The New York Times, Times Locations: Bryan , Texas, Silicon Valley, Woodside, San Diego

☆ Elizabeth Holmes reports to prison in a day. It'll be a drastic change from her life of luxury as a onetime billionaire.
▼ + stars: | 2023-05-29 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +4 min

Theranos' founder, Elizabeth Holmes, is finally set to report to prison Tuesday. After several delays, she's expected to report to a federal prison in Texas by 2 p.m.Once worth $4.5 billion, Holmes can expect a drastic change in lifestyle. She's expected to begin her sentence at a federal prison camp for women in Bryan, Texas, after losing her most recent appeal. Before Theranos collapsed, Holmes would usually dine at expensive restaurants and go on shopping sprees, according to emails cited by prosecutors during her trial. Holmes wouldn't be able to walk freely about the prison camp, and her timetable would be strictly controlled.

Elon Musk's biggest fans: tech foundersLisa Blue/Philip Pacheco/Getty Images; Jenny Chang-Rodriguez/InsiderFrom the moment Elon Musk took control of Twitter, he has been moving fast, breaking things, and sparking outcry. This past week, he said he'd step down as CEO after a Twitter poll found most respondents wanted him to. For many Silicon Valley founders, Musk's approach to his Twitter takeover makes him a visionary. About 400 Pollen employees were camped out for five days to celebrate the UK-based events and travel company. But according to 31 former Pollen employees, the implosion was years in the making.

☆ Welcome to Elon Musk's Fan Club
▼ + stars: | 2022-12-20 | by ( Jordan Parker Erb | Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

We didn't think refreshing Elon Musk's Twitter feed was how we'd spend it. Today, we're taking you inside the latest club in Silicon Valley: Elon Musk's fan club. Welcome to the Elon Musk fan club. Cue Musk's Twitter takeover: slashing headcount, revoking benefits, and cranking up productivity. Elon Musk is being forced to choose a company.

☆ Here’s who Elon Musk could pick to be Twitter’s next CEO
▼ + stars: | 2022-12-19 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —Elon Musk may soon be on the lookout for a new chief executive to run Twitter. There is no successor.”If Musk were to look for a new Twitter CEO, he’d likely have many willing takers. Jack Dorsey, Twitter founder, CEO of Block and friend to Musk, has previously said he would not return to run the social network. The most obvious potential candidates for a new Twitter CEO are the Musk lieutenants who have been helping to run the company since his takeover. Who is insane enough to run twitter?!?

On the agenda today:But first: Ashley Stewart, a chief tech correspondent, is giving us a behind-the-scenes look at Salesforce's succession crisis. Salesforce's Marc Benioff. Jemal Countess / StringerOver the past week or so, at least six top executives from Salesforce and its subsidiaries announced plans to leave, Ashley Stewart, chief tech correspondent, writes. Company insiders attribute these departures to co-CEO Marc Benioff exerting increasing control over the company, adding that he's driven away his closest lieutenants while dialing up performance pressure on employees. The departures have created a crisis in leadership at Salesforce.

☆ Following Bret Taylor's departure, more top executives are leaving Salesforce
▼ + stars: | 2022-12-06 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Quick question: Have you gone "goblin mode" yet this year? I've got more on goblin mode below, but first, let's talk about Salesforce, which is seeing more executive departures this week. The news of Butterfield's departure comes just days after Salesforce announced co-CEO Bret Taylor is also leaving the company — though Butterfield told staff the moves were unrelated. Oxford Languages, the publisher of Oxford English Dictionary, named "goblin mode" the 2022 Word of the Year — beating out semifinalist "metaverse." A look at what "goblin mode" means.

On the agenda today:But first: Jordan Parker Erb, the author of Insider's 10 Things in Tech newsletter, is taking us behind the scenes of Elon Musk's feud with Apple. Tim Cook and Elon Musk Justin Sullivan/Getty Images and Philip Pacheco/AFP via Getty ImagesThis week, Elon Musk, the world's richest man and new Twitter owner, declared "war" with the world's biggest tech company: Apple. At the heart of the issue was Apple's 30% App Store fee, our associate editor Jordan Parker Erb writes. Here's what went down:Sign up for 10 Things in Tech to get stories like these right in your inbox. Edited by Jordan Parker Erb, Hallam Bullock, and Lisa Ryan.

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