Apr 17, 2017 - Economy & Business

Netflix's subscriber growth slows

Elise Amendola / AP

Netflix, which has been heavily banking on its original content like "House of Cards" and "Orange Is the New Black" to drive its streaming business, saw a slowdown in subscriber growth in the first quarter of 2017. Netflix added nearly five million total subscribers in the first three month of the year, significantly fewer than the record seven million it added the previous quarter.

Q2 forecast: With that said, Netflix expects to get back on track next quarter as far as its annual goals, calling these quarterly variations "mostly noise in the long-term growth trend and adoption of internet TV."

Why it matters: So far, the most important aspect of Netflix's quarterly results has been its subscriber growth—it's how the company reassures investors that it can continue to make more money.

Go deeper

Ina Fried
6 mins ago - Technology

Tech hits the brakes on office reopenings

Illustration: Annelise Capossela/Axios

Tech was the first industry to send its workers home when COVID-19 first hit the U.S., and it has been among the most cautious in bringing workers back. Even still, many companies are realizing that their reopening plans from as recently as a few weeks ago are now too optimistic.

Why it matters: Crafting reopening plans gave tech firms a chance to bolster their leadership and model the beginnings of a path back to normalcy for other office workers. Their decision to pause those plans is the latest sign that normalcy is likely to remain elusive in the U.S.

Go deeper (2 min. read)Arrow
Dion Rabouin
16 mins ago - Economy & Business

The existential threat to small business

Illustration: Eniola Odetunde/Axios

The coronavirus pandemic has changed the game for U.S. businesses, pushing forward years-long shifts in workplaces, technology and buying habits — and forcing small businesses to fight just to survive.

Why it matters: These changes are providing an almost insurmountable advantage to big companies, which are positioned to come out of the recession stronger and with greater market share than ever.

Go deeper (2 min. read)Arrow
Neal Rothschild
56 mins ago - Economy & Business

Students say they'll sacrifice fun if they can return to campus

Illustration: Aïda Amer/Axios

College students overwhelmingly plan to return to campus this fall if their schools are open — and they claim they'll sit out the fun even if it's available, according to a new College Reaction/Axios poll.

Why it matters: For many, even an experience devoid of the trappings of college life is still a lot better than the alternative.

Go deeper (1 min. read)Arrow