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Netflix's New Political Actions Committee: FLIXPAC

Earlier this week, the online streaming media company, Netflix, filed a statement with the federal government to create it's very own political action committee: FLIXPAC. The new PAC will allow Netflix to directly contribute to federal campaigns, thus boosting the media company's Washington profile. More specifically, A PAC can give $5,000 to a candidate per election (primary, general or special) and up to $15,000 annually to a national political party.
An illustration picture shows the log-on screen for the website Facebook, in Munich February 2, 2012.

It's A Tale Of Two Countries -- China, US -- In The IPO Market

Proceeds of initial public offerings listed in the United States were relatively light in the first quarter, but they are likely to get absolutely heavier in the second quarter -- especially should Facebook Inc. conduct its anticipated $5 billion IPO in May.

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