After losing 800,000 U.S. subscribers in the third quarter and seeing its share prices plunge, Netflix reportedly cut more than 15 jobs, according to Bloomberg. The cuts began before the company announced its latest earnings results Oct. 24, and were…
Following Netflix’s plunge in share prices — after another sell-off on Tuesday, Oct. 25, 2011, the stock is now off 75% from its high for the past year — at least one investor who had bet against the video-streaming service…
"The X Factor" will allow people to vote via a social-networking site starting next week, as producer Simon Cowell — who once dismissed Twitter as a list of strangers’ lunch plans — has apparently had a change of heart, reports…
The new Forbes list of the top-earning dead celebrities is a mix of the expected and the unexpected, with one huge superstar well ahead of the pack, the magazine reports. The King of Pop and the man known simply as…
All DVDs and Blu-ray discs in the "Harry Potter" series will be yanked from the shelves Dec. 29, following a strategy made famous by Disney with its classic animation titles, reports TheWrap.com. The last major "Potter" release will be the…
Apple continues to work toward fulfilling the vision of the company’s recently deceased founder to create a television set that could revolutionize the medium, Bloomberg reports. The project has been turned over to Jeff Robbin, who helped develop the iPod…
ABC has bought a TV project based on a blog post, reports Deadline.com. The project is a single-camera comedy based on a blog post called "Why You’re Not Married." The post is a brutally honest look at why single women…
After projecting losses in 2012 in part because of a customer revolt, Netflix saw its shares take a huge hit in extending trading Monday, reports Bloomberg. The company’s share prices plunged plunged 27% in the session to settle at $87…
Steve Jobs wanted to revolutionize television sets, making them simple and elegant along the lines of what he did for computers and music players, The Washington Post reports, citing Walter Isaacson’s new biography. According to the report, Isaacson writes in…
Steve Jobs resisted surgery that might have saved his life early in his fight with pancreatic cancer, choosing instead to try alternative therapies, he told his biographer Walter Isaacson. The late Apple CEO later said he regretted the decision, which…