As its international subscription soared, Netflix plan to collect more revenues. CEO Reed Hastings on Tuesday announce to increase its U.S. subscription fee.
Netflix global expansion faces a new threat. Video streaming providers around the world are starting a global alliance to hinder its further international expansion.
The video streaming company, Netflix prepares a huge amount of dollar for its content: $6 billion. The amount will be spent on 600 hours of original program. Netflix currently launches an aggressive global expansion which bothers many local content providers.
The 73rd Golden Globe Award nominations have been announced this year and there's a distinct source where a majority of the nominees are from. It looks like Americans are starting to get their entertainment from on-demand viewing channels instead of traditional broadcast or pay-TV.
South African largest media company, Naspers increases its U.S exposure. The company that has operated in 130 countries is ready to expand its service worldwide
The technology has enabled the users to communicate and get alerts all around the world, even when they are outside their homes, stuck in road traffic, with no Wi-Fi connection available.
Netflix released its Continuous Delivery platform as an open source software this Monday. Spinnaker, is a replacement of their old software development tools, Asgard. With Spinnacle, Netflix can launch their streaming video service on multi-cloud platform. Previously, Netflix was fully reliance on Amazon Web Service to deliver its service.
T-Mobile now offers a new option for users to stream videos on their mobile devices without using up too much data allotment against their plans. The company's chief executive John Legere announced Tuesday the new video streaming plan that is called "Binge On" in a move that would hopefully attract more users to register in their network, according to Reuters.
Opera's new data-management app will be pre-installed into phones from 14 OEMs, the company announced November 8. According to Tech Crunch, the new Opera Max will be integrated to 100 million Android phones by 2017, including Samsung, Xiaomi, Acer, TWZ, and Hisense.
Amazon.com is finally no longer selling Apple TV or other streaming devices like Google's Chromecast to boost sales of its own Fire TV box and Fire TV Stick units. The company's plan to discontinue selling competing product was first announced earlier in October.
A Utah-based company called Domo Inc. is hoping to attract more talent and to address the needs of their employees by providing a stipend for their expectant mothers to dress professionally and comfortably while carrying a baby.
Google-owned YouTube will enter the subscription streaming market next week, launching the new YouTube Red, an ad-free video and music streaming service with a monthly fee of $99.9, and $12.99 monthly for iOS users.
The Chinese biggest e-commerce company, Alibaba announced that it will buy the remaining 82 percent of China's YouTube-like service provider, Youku Tudou. According to a source, the company is offering Youku Tudou $26.60 per share totalling up to $3.6 billion.
Netflix reported a lower than expected performance today after the company reported a total revenue of $1.74 billion for its third quarter performance. The revenue contributes to earnings of $0.07 per share, which is lower than analyst expectation of $0.08 per share.
The five-years patent lawsuit battle between Microsoft and Google had finally come to an end after both companies agreed to drop the lawsuit for an undisclosed amount. The announcement was made by in a joint statement from the two companies.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- Tesla Shareholder Asks Judge to Prevent Elon Musk From Moving Pay Fight to Texas to Evade Delaware Ruling
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Illinois Woman, Who Mysteriously Drowned After Giving $1.5 Million to Online Romance Scammers, Knew She'd 'End up Dead'
- Biden Administration Announces New Federal Rules: Airlines Required to Automatically Give Refunds for Delayed, Canceled Flights