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Netflix Inc signed up fewer video streaming subscribers

Netflix Inc signed up fewer video streaming subscribers than forecast for the quarter that ended in September as its U.S. growth slowed markedly, sending its shares plunging as much as 27 percent. The company blamed a $1 price hike to $8.99 a month for discouraging new sign-ups. It lured 3.02 million new streaming customers globally, […]


U.S. President Barack Obama to sign an executive order on Friday to make federal payments safer

U.S. President Barack Obama planned to sign an executive order on Friday to make federal payments safer, urging banks and retailers to follow suit after massive data breaches put millions of consumers at risk. In remarks to the Consumer Financial Protection Bureau, Obama will announce steps such as microchips and PIN numbers for government credit […]


Securities and Exchange Commission approved the so-called "risk retention" rule

U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did not do enough to discourage banks from lending to borrowers with shaky credit and then passing the mortgage risk to investors. The Securities and Exchange Commission approved the so-called “risk retention” rule by a […]


Nokia is finally looking in better shape for investors

Nokia is upbeat about its networking business after reporting strong profit growth in its third quarter, driven by major LTE network deployments in the US and China. Nokia is finally looking in better shape for investors, with the company reporting a non-IFRS operating profit of €457m in its third quarter, up 33 percent year on […]


high risk credit card processing

Apply for High Risk Merchant Account Services today. CanAmPay merchant accounts – High Risk Credit Card Processing . CanAmPay merchant account credit card processing services to businesses, working with not only traditional businesses but high risk and high volume businesses as well. CanAmPay is established with many International Business and Banking Services and will match your company […]

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Facebook goes after law firms that represented Ceglia

Attention, attorneys. If you go to court for a client seeking to shake down Mark Zuckerberg, you may find yourselves in the Facebook (FB) mogul’s cross hairs. Ask DLA Piper, one of the world’s largest law firms and now a defendant in a civil malicious prosecution suit filed by the Facebook chief executive officer and his […]


Tesla store on Tmall.com opens today

The Tesla store on Tmall.com opens today, offering a Model S for nearly $170,000.   Oct. 20 (Bloomberg) — Tesla Motors Inc. began taking online orders for its Model S electric car in China today, joining General Motors Co. and Volkswagen AG in selling vehicles through Alibaba Group Holding Ltd.’s online shopping mall. Buyers can place a […]


Venture capitalist Marc Andreessen said he was quitting EBay Inc’s

Venture capitalist Marc Andreessen said he was quitting EBay Inc’s (EBAY.O) board following the online retailer’s decision last month to spin off its electronic payment unit, PayPal. The Silicon Valley pioneer has been involved in a public war of words with activist investor Carl Icahn, one of eBay’s largest shareholders, who convinced the company to […]


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Credit card processing

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