TechCEO Reed Hastings Says $8 Billion In Content Spending Isn’t Enough As Netflix Hits 125 Million Subscribers Netflix plans to spend $8 billion on original content this year. It seems an obscene amount of money, but when you think of the streaming service’s 125 million subscribers and counting, it suddenly doesn’t seem all that much.by Carl Velasco
TechTwitter Still Loses Users In US, But Has Its First Profitable Quarter In 12 Yearsby Alexandra Burlacu