Netflix Is Now a ‘Global TV Network’ After Launching in 130 New Countries: Netflix co-founder and CEO Reed Hastings turned on the streaming service in 130 countries, including Vietnam, Poland, Russia, India, Nigeria and South Korea. For comparison’s sake, Netflix was live in only 60 countries before today.
Grey Group acquires Korean ad company Vinyl-I Co: Grey Group has acquired a majority stake in Vinyl-I Co, a leading creative digital agency based in Seoul, South Korea.
Pinterest hires its first head of diversity in an effort to broaden its workforce: Pinterest has hired its first ever diversity chief as it pursues its public goal of hiring more women and underrepresented minorities.
The Wall Street Journal is the first American newspaper to get a spot on Snapchat Discover: The Wall Street Journal became the nineteenth publisher to have a channel on Snapchat’s U.S. Discover Wednesday. It’s the first U.S. newspaper and first business publication available on the platform (and the second newspaper overall — the U.K.’s Daily Mail is also there).
Yahoo reportedly will lay off more than 1,000 employees: It’s been a doom-and-gloom week for Yahoo. First it shuttered its premium video hub, Yahoo Screen, and then we learned that it’s facing a class action lawsuit for sending unsolicited text messages to users. But as of late Wednesday, reports are flying that Yahoo is preparing to lay off 10 percent of its workforce — or about 1,000 employees.