By Lucas Manfredi

Netflix shares surged 14% in after-hours trading on Tuesday as the streamer easily beat Wall Street expectations for its fourth quarter of 2024, surpassed 300 million subscribers globally after adding a record-breaking 18.9 million and raised prices on some of its plans as well as its revenue outlook for 2025.

Here are the top-line results:

By Sean Burch

Meta, the parent company of Facebook and Instagram, said on Tuesday it would start offering up to $5,000 to creators on platforms like TikTok and YouTube to start making content on its platforms instead.

The “Breakthrough Bonus,” as Meta dubbed it, is available to U.S. users who are at least 18 years old and are not already making money via its monetization program.

By Sean Burch

WASHINGTON DC – The dais behind newly re-elected President Trump was filled with the biggest names in Big Tech on Monday at the inauguration — to the point where it would be easier to name the CEOs who were not in Washington, D.C. than those who were.

Prominently seated behind President Trump at the U.S. Capitol were: X and Tesla boss Elon Musk, Meta CEO Mark Zuckerberg, Amazon founder Jeff Bezos, Apple CEO Tim Cook, and Google chief Sundar Pichai. TikTok CEO Shou Zi Chew — whose app thanked Trump after it was revived following a brief shutdown on Sunday — and OpenAI chief Sam Altman were also spotted.