Business

Ryan has spent more than five years covering business, technology, and telecom-related subjects for a variety of publications based in New York and San Francisco. Ryan currently works as a writer for TechCrunch. ? Learn More Netflix announced that it returned to profitability in the second quarter, after a slight dip into the red during the prior three-month period. But despite slower-than-expected subscriber growth, the company said it is committed to pushing forward into a new market in the fourth quarter. Netflix added almost 600,000 international streaming customers in the second quarter, ending with 3.6 million outside the U.S. But that’s lower than its forecast from the first quarter. Nevertheless, Netflix remains committed to adding an additional market by year-end, which is expected to push it into the red again. Nearly two years ago, Netflix streaming launched in Canada, its first international market. It’s already hit 10 percent of Canadian households in that market and it’...

News Corp, Home of Fox News and one of the world’s most powerful media entities, has announced its long-awaited plans to disrupt education. Former New York City education chancellor and CEO of Amplify, News Corp’s new k-12 education division, will attack education reform through technology, with three specific strategies: assessment via mobile tools, curriculum design, and the online distribution of resources via AT&T-powered tablets. “The strategy of Amplify is to fundamentally change the way we think about delivering education in the K-12 space,” says Klein, who will be revealing more information about on the ambitious project at TechCrunch Disrupt San Francisco, September 8-12. While details are still scant, we did find one video in the Amplify website that gives a hint at what the vision is: a tablet that gives students a fully-customized learning experience, from the moment they arrive in class, complete with a proprietary developed curriculum that has a heavy emphasis on int...