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Netflix will stop disclosing the number of people who signed up for its service, as well as the revenue it generates from each subscriber from next year, the company announced on Thursday. It will focus, instead, on highlighting revenue growth and the amount of time spent on its platform.
"In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential," the company said in a letter to shareholders. "But now we're generating very substantial profit and free cash flow."
Netflix revealed that the service added 9.33 million subscribers over the last few months, bringing the total number of paying households worldwide to nearly 270 million. Despite its decision to stop reporting user numbers each quarter, Netflix said that the company will "announce major subscriber milestones as we cross them," which means we'll probably hear about it when it crosses 300 million.
Netflix estimates that more than half a billion people around the world watch TV shows and movies through its service, an audience it is now figuring out how to squeeze even more money out of through new pricing tiers, a crackdown on password-sharing, and
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In May, Microsoft will host its annual Build conference in Seattle. Microsoft will open that conference with a presentation from chief executive Satya Nadella to "share our AI vision across hardware and software," according to Microsoft. That presentation is expected to introduce the Surface Pro 10 and Surface Laptop 5 for consumers, both featuring Qualcomm's surprisingly powerful Snapdragon X Elite processor, based on the Arm architecture. Microsoft has already launched versions of both devices with Intel processors inside, for businesses.
But it's the "software" version of Microsoft's AI vision that's intriguing. Microsoft's last feature update of Windows 11 may have introduced AI PCs, but Microsoft is moving more aggressively to a future where AI is more tightly integrated into the operating system. Microsoft appears to have a more formal definition of an "AI PC" waiting in the wings, and we know that it includes a
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