Apple and Netflix announce a Formula 1 content swap
Just months after signed a five-year, $140 million-per-year deal for US media rights to Formula 1 races, the streamer is sharing with . In a rare content swap, Apple TV will allow Netflix to simulcas...
AppLovin gains amid report on its plans to launch a social networking platform
Ad tech company has designs on starting a social networking platform of its own after it was unable to get its hands on TikTok’s US operations . Shares are up today on the heels of a massive gain on ...
Nvidia enhances partnership with social media giant Meta to deploy “millions” of its GPUs
is laying it out in no uncertain terms: its AI build-out will be brought to you by . In pair of press releases after the close on Tuesday, the social media giant and chip designer detailed a “multi-ye...
Pinterest plummets on disappointing forecast as retailers pull back on ad spending
Shares of social media platform are down about 20% in premarket trading on Friday, following fourth-quarter earnings after the bell on Thursday that fell short of expectations. While revenue grew 14%...
Russia blocks Meta’s WhatsApp, the country’s most popular messaging app
The Russian government has fully blocked WhatsApp, the country’s most popular messaging app, over what a Kremlin spokesman called the company’s “unwillingness to comply with Russian law.” In a statem...
EU wants Meta to open up access to rival AI chatbots through WhatsApp
The European Union threatened with “interim measures” if it continues to block rival AI assistants from operating on WhatsApp, escalating regulatory pressure on the company’s strategy in Europe. Meta...
Reddit gains after Q4 revenue and earnings exceed expectations, Q1 sales guidance tops estimates
Social media platform is rising in after-hours trading after reporting impressive fourth-quarter 2025 earnings after the bell Thursday, posting: Earnings per share of $1.24, beating analysts’ expecta...
Snap rises on surprise profit beat, despite falling global daily active users
shares are up 7% in premarket trading on Thursday after the owner of the popular social media app reported better-than-expected sales and earnings in its Q4 results, released Wednesday evening. For th...
Major after-hours block trades on Monday drag down Spotify
is on pace for its worst trading day since July, with shares down more than 8% on Tuesday afternoon. Major after-hours block trades from Monday appear to be driving negative momentum on Tuesday. At 4:...
“Bluey” is America’s most streamed show for the second year in a row
A much-adored Australian animation about a blue heeler puppy has outranked all other streaming shows in the US by minutes watched for a second straight year, per new Nielsen estimates . In 2025, “Blue...
Meta rises after sales, earnings beat and Q1 revenue guidance exceeds expectations
released its fourth-quarter results after the close on Wednesday, with sales coming in at a record high of $59.9 billion, well above the $58.4 billion Wall Street had expected, and earnings per share ...
Paramount+ wants to look a lot more like TikTok, leaked documents reveal
Larry Ellison’s Oracle just took a 15% stake in TikTok’s US arm. David Ellison’s streaming service could soon look a lot more like it. According to leaked documents seen by Business Insider, Paramoun...
Meta is testing out premium subscriptions on Instagram, Facebook, and WhatsApp
The list of periodic charges granting entry to much of the essential watching, listening, and even tasting that modern life demands might now be getting one subscription service longer. On Monday, t...
Spotify climbs following an upgrade from Goldman as it prepares to hike prices
Music streamer climbed about 3% on Friday following an upgrade to “buy” from “neutral” from Goldman Sachs. The upgrade comes ahead of Spotify’s already announced US subscription price hike next month...
TikTok closes deal to operate in the US
TikTok has finally sealed its deal to establish a majority American-owned joint venture to manage its US operations. On Friday, the social media company announced that its US arm will now be led by th...
Oracle gains amid report that the TikTok deal is poised to close this week
is gaining in premarket trading as Semafor reports that China and the US have signed off on the sale of TikTok’s US operations to a consortium in which the software giant is one of the three leading i...
Streamers continued retreating from original shows in 2025
The year was 2022, and it was a good time to be a streaming subscriber. Hit shows like TV’s “Sevarance,” Hulu’s “The Bear,” and “Andor” were premiering what felt like every other week. HBO Max hadn...
Netflix made $1.5 billion from advertising last year, about 3% of its total revenue
It’s been over three years now since Netflix first introduced its cheaper, ad-supported tiers, which landed with a bit of a thud at the time. Now, selling ads for the plans accounts for a bigger chunk...
Netflix sinks on lower-than-expected earnings forecast
Shares of streaming giant are down more than 4% in after-hours trading on Tuesday following the release of its fourth-quarter and full-year earnings report. Netflix issued earnings guidance of $0.76 ...
Google’s YouTube maintains its top spot as streaming accounts for nearly half of all TV-watching time
People spent a record 47.5% of their TV-watching time on streaming platforms in December, according to new data from Nielsen , up from the previous record of 47.3% in July . YouTube once again was th...