Netflix hires Activision CFO & former Disney exec Spencer Neumann as its new CFO – TechCrunch

Netflix has officially confirmed the hiring of its new Chief Financial Officer Spencer Neumann, formerly CFO at Activision Blizzard. The announcement directly follows reports from Reuters and The Wall Street Journal, which said Netflix had poached Neumann from Activision and would start him in his new position this year. CNBC on Wednesday reported Neumann had been fired from Activision two days…

NYSE operator’s crypto project Bakkt brings in $182M – TechCrunch

The Intercontinental Exchange’s (ICE) cryptocurrency project Bakkt celebrated New Year’s Eve with the announcement of a $182.5 million equity round from a slew of notable institutional investors. ICE, the operator of several global exchanges, including the New York Stock Exchange, established Bakkt to build a trading platform that enables consumers and institutions to buy, sell, store…

Private equity buyouts have become viable exit options — even for early-stage startups – TechCrunch

Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor Full autonomy is years away, but here’s what’s next on autonomy’s wild ride From the distributed workforce to the partnered economy About 13 years…

Instagram accidentally rolled out tap-to-advance feed, removes it – TechCrunch

Instagram confirms that a bug this morning mistakenly rolled out a massive change to its feed that replaced the traditional scrolling with horizontal tap-to-advance, like with Stories. In October, TechCrunch reported Instagram was testing tap-to-advance for browsing through Explore posts. But many users woke up to a shock this morning when their familiar vertical swipe…

Amazon announces a record-breaking holiday, ‘tens of millions’ of new Prime subscribers – TechCrunch

Amazon had another record-breaking holiday season, the retailer announced this morning. The company says it added “tens of millions” of people who signed up for Prime memberships, both paid and on a trial basis. Its worldwide customers also shopped and ordered more items than ever before, including “millions more Amazon devices” compared with this time…