Netflix to Stop Reporting Quarterly Subscriber Numbers

Netflix will stop reporting quarterly subscriber numbers starting in 2025 to focus on other metrics like revenue, operating margin, and engagement. This change in reporting strategy aligns Netflix with some of its competitors like Apple and Amazon who do not disclose subscriber data.

Tesla Layoffs

Tesla is laying off more than 10% of its global workforce in an effort to reduce costs and increase productivity. CEO Elon Musk sent a memo to employees explaining the decision amidst challenges faced by the company.