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Snapchat isn't just for teens anymore. Now it needs to make some real money

When Snapchat announced last month that it had reached 5 million paying subscribers for its Snapchat+ service, it seemed like a stunning achievement. The milestone marked the halfway point to the 10 million subscriber number that CEO Evan Spiegel had just months earlier identified as a โ€œmedium-termโ€ goal.
United States Evan Spiegel Jess Maddox Jack Brody Scott Kessler Angelo Zino
Source: cnn.com

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Amazon to expand drone delivery into Britain and Italy

Amazon on Wednesday said it hopes to expand drone delivery into Britain and Italy by late next year, as it unveiled new warehouse robots and tech in its race to get shoppers what they want quickly.The Seattle-based e-commerce colossus said it will expand drone delivery of certain purchases to a third US state as well as to the two European countries by the end of 2024. 
United Kingdom United States Sheheryar Kaoosji Andrew Lipsman Scott Dresser Damion Shelton
Source: yahoo.com

Netflix demonstrates its resilience during prolonged Hollywood strikes

LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than in the past three years despite strikes by Hollywood's writers and actors, sending its shares up 13.5% in premarket trading on Thursday. Netflix capitalized on its heft in global production, as well as the economic hardships of its media rivals, to amass 247 million subscribers in the third quarter, a gain of nearly 9 million over the last three months. "The management deserv...
United States Ross Benes Lisa Richwine Sophie Lund Yates Hargreaves Lansdown Los Angeles
Source: yahoo.com

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