More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
The complaint made by an unnamed intelligence official about the president centers on Ukraine, the Washington post reported.Politicsread more
As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America's position in its trade war with China.Delivering Alpharead more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up on Friday as investors digested a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being reached...Asia Marketsread more
It's sort of hard to remember now, but Netflix, the streaming video service, used to be Netflix, the DVD-by-mail service.
And in fact, Netflix is still a DVD-by-mail service for 6.7 million people. But that number used to be twice as big. And after a violent and unsuccessful attempt to kill it off quickly, Netflix has been happy to let its DVD business shrink — profitably — for several years.
Netflix does nothing to promote its DVD offering — go ahead, try finding any mention of DVDs in the company's pitch to new members on its site. And it has been shuttering its DVD distribution centers for some time.
More from Re/code:
Epic meal time brings home the bacon (sponsorship)
Amazon will let you binge watch one of is new shows, Netflix-style
If our videogames are going to be sexist, let's at least be honest about it
Last month, the company made the next logical move and stopped delivering DVDs on Saturdays. That saves them money, and makes DVD rentals less attractive. But as Engadget points out, you probably didn't notice.
Again, Netflix is happy to keep renting DVDs to the audience that wants them, because renting DVDs is a lucrative business — Netflix figures DVDs will generate a profit of $92 million this quarter. But all of its time, money and resources are going to streaming, a business that should have 50 million subscribers when the company reports its third-quarter earnings next week.
—By Peter Kafka, Re/code.net.
CNBC's parent NBC Universal is an investor in Re/code's parent Revere Digital, and the companies have a content-sharing arrangement.