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Latest News

Look out, Netflix: Redbox teaming up with Verizon to stream movies (Yahoo! News) - Yahoo! News - It's been a rough 12 months for movie rental giant Netflix. The company sharply increased rates from $8 to $15, irking customers, and announced plans to split into two confusing new entities, renaming its traditional DVD-by-mail service Qwikster. Netflix ultimately abandoned its Qwikster … Tue, 07 Feb 2012 02:26:38 GMT
Exclusive: Facebook governance a concern for Calif pension fund (Reuters) - Reuters - Facebook's corporate governance rules, which give shareholders little say in how the social networking website would be run as a public company, are raising the hackles of one of the largest U.S. investors, the California State Teachers' Retirement System. Tue, 07 Feb 2012 00:33:41 GMT
Verizon to set up streaming service with Redbox (AP) -

In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)AP - Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.


Tue, 07 Feb 2012 00:24:09 GMT
Coinstar's stock soars on strong 4Q for Redbox (AP) -

COMMERCIAL IMAGE - In this photograph taken by AP Images for Redbox, Bob Mudge, right, president of Verizon Consumer and Mass Business Markets, and Paul Davis, CEO of Coinstar, Inc. announced today, Monday, Feb. 6, 2012, in New York, a joint venture that delivers a combination of Redbox entertainment options with an on-demand streaming service from Verizon, Inc. Redbox Automated Retail, LLC is a wholly-owned subsidiary of Coinstar, Inc. (Diane Bondareff/AP Images for Redbox)AP - Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.


Mon, 06 Feb 2012 23:52:31 GMT
Kindle-wielding Amazon dips toes into physical world (Reuters) - Reuters - Amazon.com Inc is dipping its toes into the physical world as the largest online retailer offers more products in stores that may benefit from hands-on interaction with shoppers. Mon, 06 Feb 2012 23:41:43 GMT
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