Kia Kokalitcheva Jan 19, 2017
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Hot in Silicon Valley: Netflix growth and Lyft drivers

Elise Amendola / AP

Netflix surpasses expectations

The movie streaming service said on Wednesday that it added 5.8 million new paying subscribers in the fourth quarter of 2016—much more than 4.5 million it predicted it would add this quarter. Netflix now has 93.8 million members (paying and non-paying) worldwide.