NETFLIX SHARES PLUNGE AGAIN

Netflix’s first-quarter earnings filing received a mixed reception from analysts on Monday. Several shook their heads over the increased costs to expand internationally and to acquire — and in some cases produce — first-run television shows, costs that produced the company’s first quarterly loss. Others, however, noted that the company appears to be attracting additional […]

IS U.K. HACKING SCANDAL MURDOCH’S WATERGATE?

British columnists and media experts were suggesting Tuesday that the allegations that journalists at Britain’s News of the World routinely hacked into the telephone conversations of celebrities and politicians could become for Rupert Murdoch’s News Corp the kind of devastating scandal Watergate was for the Nixon administration. The scandal, which ratcheted up several notches on […]