Jan 19, 2017

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.

Between the lines: ~5 million of those new members are from outside the U.S., which particularly pleased Wall Street. It showed investors the company won't be limited to its home country despite much of its original content being produced in English.

Lyft wins the hearts of drivers over Uber

Confirming common anecdotes, a new survey conducted by the Rideshare Guy blog found that more drivers say they're happy working for Lyft (75.8%) than Uber (49.4%), and make more per hour on average ($17.50 versus $15.68).

Notable: The survey did support some of the Uber and Lyft's claims, including that flexibility is important to drivers—came in second, after their pay.

It also showed that driving for such services provides less than half of most drivers' income, which backs up the companies' claim that most drivers only spend a few hours a week work for them.

Go deeper

Making sense of the UN's climate conference coronavirus delay

Illustration: Sarah Grillo/Axios

The scuttling of November's pivotal UN climate conference is the starkest sign yet of how coronavirus is throwing a wrench into efforts to combat global warming. But like the wider relationship between the coronavirus and climate initiatives, the ramifications are ... complicated.

Driving the news: UN officials announced Wednesday that the annual summit to be held in Glasgow, Scotland, is postponed until some unknown time next year.

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 952,171 — Total deaths: 48,320 — Total recoveries: 202,541Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 216,722 — Total deaths: 5,137 — Total recoveries: 8,672Map.
  3. Stimulus updates: Social Security recipients won't need to file a tax return to receive their checks.
  4. Jobs update: 6.6 million people filed for unemployment last week, a staggering number that eclipses the record set on March 26.
  5. Health updates: The Trump administration won't reopen enrollment for ACA marketplaces this year.
  6. National updates: The Grand Canyon closed after a resident tested positive for coronavirus.
  7. World update: Israeli Prime Minister Benjamin Netanyahu re-entered self-quarantine after his health minister tested positive for coronavirus.
  8. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

The weirdest NBA draft ever

Table: Axios Visuals

The 2020 NBA draft was already shaping up to be the weirdest draft in years, and now that the coronavirus pandemic has disrupted the sports world, it could be the weirdest draft ever.

Why it matters: While most drafts have a clear hierarchy by the time April rolls around, this draft does not. There's no reliable No. 1 pick, almost every top-10 prospect has a glaring weakness and the global sports hiatus has shrouded the whole class in mystery.

Go deeperArrow42 mins ago - Sports