Netflix

Netflix reveals viewing figures, ends 14 years of secrecy after shareholder pressure
IANS -
Netflix was founded in 1997 by Reed Hastings and Marc Randolph in California. Netflix initially both sold and rented DVDs by mail, but the sales were eliminated within a year to focus on the DVD rental business. In 2007, Netflix had introduced streaming media and video on demand.
Court summons Netflix and its officials in a criminal case filed by Sahara
IANS -
The accused will be tried under section 500, 501, and 502 of Indian Penal Code. Before issuing the process, the court took cognisance of the offences committed by the accused persons and recorded statements of complainant and their witnesses and after being satisfied with the evidence, proceeded further to issue summons for trial of the accused persons, for the offences allegedly committed by the accused.
Netflix surpasses 200mn paid subscribers
IANS -
The numbers were revealed on Tuesday as Netflix reported its results for the fourth quarter which saw an addition of over 8.5 million paid subscribers to the platform. Average paid streaming memberships increased 23 per cent year over year in Q4, while average revenue per membership was flat year over year both on a reported and foreign exchange neutral basis, the company said.
India's FY22 GDP growth forecast raised to 8.5%: Barclays
Newsmen Business Desk -
Barclays stated that the flattening of Covid-19 curve in the country and the chances of an effective vaccine early next year alongside high seroprevalence of antibodies across the population are the major contributing factor for a more durable economic recovery.
Microsoft's new programme to aid healthtech startups grow in India
Newsmen Business Desk -
Microsoft has collaborated with startup incubator Social Alpha to facilitate the growth of participating startups. The initiative focuses on helping participating entrepreneurs with technical support as well as resources for co-selling and co-building tech tools to achieve better results across the healthcare sector.
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