Netflix subscribers up, stock prices down; Google gets is cloud online in L.A.; Musk tweet could bring libel charge
Netflix Gains Subscribers, but Slowly
Reuters reports that stock prices for Netflix (based in Hollywood and Los Gatos) have dropped nearly 14 percent after it fell behind its subscription target this quarter. The video streaming platform is still rapidly adding new subscribers, but didn’t meet its projected goal of six million subscribers for the second quarter of 2018. Instead, the number hovered just over 5 million; with nearly a half million of those new subscribers located in the United States.
Google Cloud Los Angeles Goes Online
Following its announcement of the product earlier this month, Google reports today that its Los Angeles cloud server region is now online and ready to use. The L.A. region is one of 17 operated by Google worldwide, and the fifth for Google in the United States. Techcrunch reports the region is now online alongside other features, such as the App Engine, Compute Engine and Kubernetes Engine.
After insulting a British diver involved in the Thailand cave rescue efforts and accusing him of being a “pedo,” SpaceX owner Elon Musk could face libel charges. Musk faced backlash online including a threat from the diver to sue for libel, ArsTechnica reports. According to Twitter, the comment was sparked after the diver reported Musk’s original “tiny submarine” rescue idea was not feasible.
