Netflix CEO Reed Hastings resigns amid rising subscriptions numbers

Netflix CEO Reed Hastings resigns amid rising subscriptions numbers

Reed Hastings is reportedly giving up his position as co-CEO of Netflix Inc., a company he co-founded more than 25 years ago. His declaration coincided with the streaming giant’s end-of-year announcement of a significant uptick in subscriber figures.

Sources claim that people were anticipated to cut back on streaming services when finances were tight.  Netflix, however, defied expectations and added more than seven million new customers, bucking the trend. The film Glass Onion, Harry and Meghan's disclosures, and the new Addams Family spin-off series Wednesday all attracted a lot of viewers.

The business declared in a sta

Tim Cook, CEO of Apple, to see a decline in pay of nearly 40% this year

Tim Cook, CEO of Apple, to see a decline in pay of nearly 40% this year

The CEO of Apple Inc., Tim Cook is reportedly going to take a 40% cut in his salary this year. The IT firm claims that Mr. Cook asked for a reduction in pay after receiving feedback from shareholders.

It is worth mentioning that he received an overall target pay of USD 49 million from Apple's remuneration committee for 2023. Notably, a global economic slowdown and problems with the supply chain caused the iPhone manufacturer's shares to drop precipitously last year.

Apple stated in a filing with a US financial authority that the Salary Committee considered shareholder criticism, Apple's extraordinary performance, and a propo

As semiconductor prices fall, Samsung predicts a 69% decline in profits

As semiconductor prices fall, Samsung predicts a 69% decline in profits

The final three months of 2022 are reportedly projected to see Samsung Group's profits decline by 69% to their lowest level in eight years. The largest manufacturer of memory chips, cell phones, and TVs in the world anticipated a drop in operating profit to about USD 3.4 billion for the time.

Sources claim that this occurs as the recession in the world economy affects the cost of memory chips and the demand for electronic devices. As customers tighten their belts, global technology titans have recently taken a hit.

Surprisingly, Samsung's quarterly earnings hit record bottom since 201,4 and fell short of investor estimates by ab

After significant server crash, Alibaba CEO to supervise cloud division

After significant server crash, Alibaba CEO to supervise cloud division

According to the report, an unusual decision is being made at Alibaba Cloud, which is only behind AWS and Microsoft as the third-largest public cloud infrastructure provider in the world. While Daniel Zhang, Alibaba's CEO, assumes the role of interim president, Jeff Zhang, the previous president of Alibaba Cloud Intelligence, is apparently going to step down.

However, the concern is being raised about the restructuring's timeframe. It is worth mentioning that a little less than two weeks ago, a massive disruption on Alibaba Cloud's Hong Kong servers forced the closure of numerous regional services, including the important cryptocurrency exchange OKX. One of the

At 3.3% CAGR, Phosphatidylserine Market Size Report Till 2028

At 3.3% CAGR, Phosphatidylserine Market Size Report Till 2028

Market Study Report adds new research on Phosphatidylserine market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Phosphatidylserine market also includes an in-depth study of the industrys competitive scenario.

Phosphatidylserine Market Size was estimated at USD 83 million in 2021 and is projected to reach USD 104.5 million by 2028, exhibiting a CAGR of 3.3% during the f

Global Plastic Casters Market Size to witness a CAGR of 8.3% during 2022-2028

Global Plastic Casters Market Size to witness a CAGR of 8.3% during 2022-2028

Market Study Report has added a new report on Plastic Casters market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Plastic Casters market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Plastic Casters Market Size was estimated at USD 3098.8 million in 2021 and is projected to reach USD 5414.9 million by 2028, exhibiting a CAGR of 8.3% during the forecast period.

Scope of

Polymer-Dispersed Liquid Crystals (PDLCs) Market Size to surpass 8.6%+ CAGR up to 2028

Polymer-Dispersed Liquid Crystals (PDLCs) Market Size to surpass 8.6%+ CAGR up to 2028

Market Study Report has added a new report on Polymer-Dispersed Liquid Crystals (PDLCs) market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Polymer-Dispersed Liquid Crystals (PDLCs) market in tandem with its competitive terrain.

Polymer-Dispersed Liquid Crystals (PDLCs) Market Size was estimated at USD 91 million in 2021 and

At 8.46% CAGR, Rotary Encoders Market Size is Expected to Exhibit 4050.81 million USD by 2028

At 8.46% CAGR, Rotary Encoders Market Size is Expected to Exhibit 4050.81 million USD by 2028

Market Study Report has added a new report on Rotary Encoders market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Rotary Encoders market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Global Rotary Encoders Market Size was estimated at USD 2273.7 million in 2021 and is projected to reach USD 4050.81 million by 2028, exhibiting a CAGR of 8.46% during the forecast period.

Scope of the Rotary Encoders Market

Piezoelectric Accelerometers Market Size Growing at 3.44% CAGR to hit USD 709.59 million by 2028

Piezoelectric Accelerometers Market Size Growing at 3.44% CAGR to hit USD 709.59 million by 2028

Market Study Report adds new research on Piezoelectric Accelerometers market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Piezoelectric Accelerometers market also includes an in-depth study of the industrys competitive scenario.

Global Piezoelectric Accelerometers Market Size was estimated at USD 557.73 million in 2021 and is projected to reach USD 709.59 million by 2028, exhibiting a CAGR of 3.44% dur