Stories by Sara Fischer

Netflix shares soar after crushing Q3 earnings

Photo: Chesnot / Getty Images

Netflix stock was up roughly 15% in after-hours trading Tuesday after the streaming giant announced it had beat investor expectations on earnings, revenue and user growth.

Flashback: Netflix failed to meet investor expectations around user growth in July during its second quarter earnings report, causing it's stock to drop nearly 14% in after-hours trading.

Pre-installed apps are reshaping the web traffic universe

Hand fixing block gif
Illustration: Caresse Haaser, Sarah Grillo/Axios

Facebook and Twitter are declining as news and media referral sources on mobile, according to a report from traffic analytics company Chartbeat, which finds that users are increasingly using search for news as well as migrating to publisher and news aggregation apps.

Why it matters: The increase of social media distribution on smartphones meant that more people generally had access to more news and information than ever before, but a lot of it was unvetted, one-sided or outright false.

The growing threat for advertising's biggest players

Madison Avenue illustration
Illustration: Rebecca Zisser/Axios

The world's largest advertising companies face a growing threat from clients moving more of their media strategy and creative businesses in-house.

Why it matters: The trend is happening amid a trust fallout between agencies and companies over murky ad-buying and contract bidding practices, some leading to federal investigations.