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Today's News
Dish won't submit revised bid for Sprint
7 hours ago
Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank. "We will consider our options with respect to Sprint, and focus our efforts and resources on completing the Clearwire tender offer," Dish said.
A look at Netflix's international expansion
7 hours ago
Netflix Inc. got its start renting DVDs through the mail in the U.S. during the late 1990s and added Internet video streaming in 2007. It has been expanding globally with a streaming-only service. Here's a look at its international expansion so far. _ Sept. 5, 2011. Service in Latin America begins. _ Jan. 9, 2012: Expands to the United Kingdom and Ireland.
Netflix to expand to Netherlands later this year
7 hours ago
Netflix is going Dutch. The online video giant says it will expand into the Netherlands, its 41st country, later this year. Subscribers will be able to stream Hollywood fare, local TV series and Netflix originals like "House of Cards" and "Arrested Development" on TVs, game consoles, computers and mobile devices.
A guide to the Federal Reserve's events Wednesday
7 hours ago
Worry and speculation have consumed investors since Chairman Ben Bernanke spoke to Congress last month about the Federal Reserve's drive to keep long-term interest rates at record lows. On Wednesday, many hope the Fed will settle the confusion. Will the Fed scale back its $85 billion-a-month in bond purchases within "the next few meetings," as Bernanke suggested during his remarks to Congress? Or does the job market remain too weak for the Fed to slow its stimulus, as Bernanke said at another point?
