iCloud News: Daily Crunch - Netflix subscriber growth slows

Thursday, October 17, 2019

Daily Crunch - Netflix subscriber growth slows

Thursday, October 17, 2019 • By Anthony Ha

Happy Thursday

Netflix earnings offer good and bad news, Samsung reveals a major security flaw and authorities take down the world’s largest child exploitation site. Here’s your Daily Crunch for October 17, 2019.

Netflix Q3 earnings exceed estimates, despite disappointing US subscriber growth

Netflix's Q3 financial report gave the company's stock a boost in after-hours trading, with profits significantly exceeding analyst expectations.

However, subscriber growth was a mixed bag — particularly in the United States, where Netflix reported 500,000 paid net additions in the United States, compared to a forecast of 800,000. The company says that’s because a price increase earlier this year is hurting retention.

Samsung confirms glaring S10 fingerprint reader flaw, promises fix

Galaxy S10 users should turn on some alternative security features as Samsung works to address a major flaw with the device's in-screen fingerprint sensor: A British user reported the ability to unlock her device with unregistered fingerprints.

Justice Dept. says it's taken down 'world's largest' child exploitation sites on the dark web

With the help of international partners in the U.K. and South Korea, U.S. prosecutors have brought charges against a South Korean citizen, Jong Woo Son, for conspiracy to advertise, produce and distribute child abuse imagery.

Image Credits: ALASTAIR PIKE/AFP / Getty Images

Pendo scores $100M Series E investment on $1 billion valuation

The company integrates with customer apps, capturing user behavior and feeding data back to product teams so they can prioritize features and improve the user experience.

GoFundMe launches free platform for nonprofits and charities, rolls out button to donate anywhere

With this launch, GoFundMe will be sunsetting CrowdRise the brand and transitioning the platform's nonprofit customers (which include high-profile events like the Boston Marathon) to GoFundMe Charity.

Canva, now valued at $3.2 billion, launches an enterprise product

Canva’s new enterprise product is designed to make the company’s design tools available throughout a larger organization. Canva also announced today that it’s raised an additional $85 million in funding.

Labor leaders and startup founders talk how to build a sustainable gig economy

At Disrupt, we dug into how founders, companies and the broader community can play a positive role in the gig economy, with help from Derecka Mehrens, an executive director at Working Partnerships USA and co-founder of Silicon Valley Rising, and Amanda de Cadenet, founder of Girlgaze. (Extra Crunch membership required.)