Image Source.

MARKET MOVERS

  • Netflix blows away expectations on subscriber numbers. Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected. This is the first quarter that Netflix’s ad tier is reflected in its earnings. Meanwhile, founder Reed Hastings is stepping down as co-CEO* and will be executive chairman.
📬
Join the more than 4 thousand ambitious entrepreneurs & investors hellbent on making our mark on the world. Subscribe today to become a Market Mover. Make better business & investment decisions with our daily curation service.
  • Shell acquires US EV charging firm. The $169 million takeover of Volta — which installs chargers with large video advertising screens at grocery stores, office buildings, and elsewhere — is emblematic of an accelerating shift in focus to low-carbon mobility* for a company that has relied on a vast network of traditional filling stations to reach customers.

This post is for subscribers only

Sign up now to read the post and get access to the full library of posts for subscribers only.

Sign up now Already have an account? Sign in