Did he say to justify releasing 1 billion dollar... Oga calm down you nation spoiler the administration you worked for withdrew billions of dollars just for the last presidential election. So they don't need to do S#it just for a 1 billion$ to make Nigeria work since your boss and his cronies withdrawals makes this one child's play. Adaluru Oshi werey jati jati

Horror for Netflix as it misses subscriber targets
The streaming service's subscriber base has grown, but the company has fallen short of its target by more than one million.
The streaming service's stock lost 14% of its value in after-hours trading

Netflix shares plunged in after-hours trading in New York after the company's latest results signalled it was facing stronger competition for customers.


The video streaming service's stock lost 14% of its value after it confirmed that global subscription growth from April to June had missed management's targets by more than one million.

It meant that Netflix, whose shares have more than doubled in value in the year to date amid a strong run for subscriber growth, was on course for the biggest drop in its market value in four years ahead of the stock exchange opening on Tuesday.

But the video streaming giant's shares had regained some ground an hour in to the day's trading, down at nearly 9.5%. After seven hours they were trading down by 5%.

Despite this, Netflix added 5.1 million households over the three-month period - giving it 130 million subscribers overall with 57.4 million in the US and nine million in the UK. Profits and revenue beat expectations.

Netflix is facing growing competition from global tech rivals and traditional providers
Image:
Netflix is facing growing competition from global tech rivals and traditional providers
The company has forecast a slower rate of household subscription growth during the current quarter.

It is a crucial measurement for investors as subscriptions are key to funding the company's investment in its own TV shows and movies, which is expected to hit $8bn (£6bn) this year alone.

The company's growth surge has laid down the gauntlet to rivals worldwide including Apple, Amazon and Google - prompting a surge in merger and acquisition activity among traditional providers. AT&T recently purchased Time Warner for $81bn.

Disney, which is seeking to purchase 21st Century Fox's entertainment assets in the US, is planning to launch its own streaming service.

Sky, the owner of Sky News, is also among broadcasters set to come under new ownership as part of that drive to bolster access to content.

Earlier this year, the company signed a deal with Netflix that will allow its customers to access Netflix through its Sky Q platform.

Despite the gloom, Netflix did add 5.1 million households from April to June
Image:
Despite the gloom, Netflix did add 5.1 million households from April to June
Netflix admitted it had overestimated its second quarter subscription growth after consistently undershooting the numbers previously.

bobo65:


Try flashing the phone then

Unfortunately have done that too, even reloaded the OS upgraded and downgraded it still wouldn't work

bobo65:

.

Have u tested it with other sim cards?

Yeah i did already, have tried all the networks / sim cards it just not working

Morning good people. Please i need your help if you're an engineer, my blackberry Q5 only has 2g service if i try changing it to 3g the phone then looses service. Please help me guys have been stuck with browsing and downloading with 2g service and believe me folks it's frustratingly slow. Please help a brother out. Jah bless!

Eeya. Its too bad that you don't even matter in the scheme of things. He didn't get your vote?? Lol, you're a grain of sand in the Sahara Desert....



Lol... o ya mi lenu o!!

Muslim president,senate president,speaker and possibly deputy speaker,cheif justice of the federation.

yoruba vice president,senate president,speaker of the house......una don try well well

una don finally share the country among una self

Yorubas are the major problem of this country and they betray the south always....
You have a very disgusting take on this, if you people didn't practice tribal and regional politics your people or the easterners would have been the senate president but guess what you're all backward in thinking over there.. backwardness is your problem

Gay!!! Damn man.. I really don't wanna judge but you're a b**tard that's possessed by some demons ..... sorry Admin i had to, plus been Gay is illegal in this part of the world, so if am getting the stick he should too for the GAY!! Thing JEZZ!! This dude's soul is so gonna rot in HELL!! Yess i said .. You son of the devil

[color=#000099][/color][quote author=emmykk post=29660646]Can't The family of the 90yrs old man care take of their old man?

Due process and nobody is wickerd

Can you imagine what you are saying... you are going to get old too one day and then they'll tell you because of the system you can't get your entitlements that your family should take care of you.. Amen. it's not a curse brother it's a prayer