Apple is hoarding record amounts of cash, currently holding $76 billion. But the company has not historically made big acquisitions. CEO Steve Jobs says Apple is merely keeping its "powder dry" for strategic opportunities in the future.
Microsoft has dropped out of the bidding for television streamer Hulu, according to Internet reports.
The companies whose shares are moving in pre-market trade on Tuesday are: Icagen, Aixtron, Harley Davidson, KeyCorp, Apple, Travelzoo, Wynn Resorts, Broadcom, Netflix and Whirlpool Corp.
Borders is closing. But it's not all bad news. Buzz about liquidation sales are mounting.
The stock of streaming video services provider Netflix was trading down Monday, after one analyst changed its rating on Netflix from "outperform" to "sector perform."
The online video ranking is rising month after month in the U.S., with YouTube surging ahead as the top online video content provider in June, according to ComScore.
Is Netflix's Android App enough to save the company after its price increase?
Netflix has become increasingly popular lately, and not for the right reasons, as it announced that it plans a 60 percent hike for subscribers who wish to buy both the DVD and streaming packages.
In 1997, company co-founder Reed Hastings was annoyed by the $40 late fee he was charged for returning a video of the film “Apollo 13” after the due date.
Netflix will survive the fallout from its big price increase. But the company faces a bigger challenge with limited content for its online subscribers. Can it get new content fast enough?
Blockbuster has offered Neflix subscribers a deal.
The video-rental store Blockbuster is attempting to benefit from the backlash that has engulfed its digital competitor, Netflix, after the latter raised prices this week.
Netflix is questioning the value of a deal Blockbuster is offering its customers unhappy with a 60 percent Netflix price increase.
Nintendo announced Thursday that those 3DS owners across the U.S. and Canada can download a free application allowing Netflix members with unlimited streaming plans to instantly watch TV episodes and movies streaming from Netflix.
Netflix's price increase for DVD and streaming rentals was greeted with a massive disapproval from members who were outraged with the 60 percent increase.
Since early March, the stock’s value has jumped about 50 percent to just under $300 per share, an all-time high.
About one-third of Netflix’s existing customers may cancel their subscriptions in response to the online streaming company’s plan to increase prices, according to an online poll.
America's largest on-demand Internet streaming video provider Netflix has launched an app for Nintendo 3DS but it won't halt the backlash against the company which decided to upwardly change its pricing plan.
Late Tuesday, Netflix announced that it would raise the Internet plus DVDs in the mail plan from $9.99 per month to $15.98 per month. This decision has caused a huge customer backlash. Why did Netflix raise the price despite widespread customer discontent?
Netflix has hit the Nintendo 3DS eShop with a free app that will eventually allow users to watch 3D movies without specialized glasses. The announcement comes amid a period of bad press for the movie service as it increased its prices by separating the previously combined cost of movie streaming and DVD rental.
Netflix has been bashed by many customers for raising its pricing 60 percent, but the $9.99 unlimited streaming video and DVD by mail offer was just a really good sale. The deal was good, while it lasted.
Responding to apparent customer backlash over yesterday's price increases, an indifferent Netflix brushed off concerns, comparing the increases to the prices of day-to-day items.
