Iron Fist in 20 languages: How Netflix is powering up its streaming for mobile devices globally

LOS GATOS, Cali. — As Netflix continues to produce billions of dollars’ worth of original content, it’s easy to forget that the company’s business model is firmly rooted in the delivery of digital content, served with as little friction as possible. For Los Gatos, California-based Netflix Inc., frequent improvements to how all of its content is…

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Amazon’s first-quarter profit and revenue beat estimates, shares jump more than 4% after hours

Amazon.com Inc on Thursday reported first-quarter revenue and profit above expectations as sales at its retail and cloud-computing businesses increased, sending shares up more than 4 per cent in extended trading. The world’s largest online retailer said net income rose 41 per cent to US$724 million, or US$1.48 per share, marking the eighth straight quarter…

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