Netflix loses a million subscribers but stock rebounds

Netflix, the worldwide film and TV show and informational streaming service, officially announced that it lost just under one million customers in the last three months; less than half the loss it warned investors might be coming.

Sunny Balwani convicted in Theranos fraud trial

Sunny Balwani, a former executive at Theranos, was convicted on federal fraud and conspiracy charges on Thursday stemming from his leadership of the Silicon Valley start-up that crashed spectacularly. 

High-tech firms are announcing layoffs, hiring freezes

Last week's announcement that Netflix is laying off 300 workers — 3% of its staff — provided yet another worry that inflation in is tearing at the structure of the critical high-tech industry from where so many good jobs flow.