Netflix is planning to introduce a lower-priced tier that includes ads. They want to do this in the last three months of the year and they are also researching password sharing among their subscribers to make a better profit. This left the industry shocked as Netflix formerly committed to not having commercials on the streaming platform again. Looks like they changed their minds.
On Thursday, Elon Musk made his offer to buy Twitter. Employees of Twitter felt conflicted about this because his ideas could completely change the landscape of Twitter. Their management called in for an all-hands meeting at 2:00PM to discuss the takeover bid. Elon Musk said, “Having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization, I don’t care about the economics at all.”