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Roku raises $60M from Hearst, News Corp, others

Roku, the streaming video device maker, has raised $60 million in its sixth round of funding. Media giant Hearst Corp. and an unnamed institutional investor joined News Corp. and its subsidiary British Sky Broadcasting in ...

dateMay 29, 2013 in Business
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BitTorrent co-founder now working with Hollywood

A Silicon Valley executive whose previous venture was synonymous with Internet piracy has found a way to play nice with Hollywood. BitTorrent Inc. co-founder Ashwin Navin is working with television networks and consumer electronics ...

dateDec 27, 2012 in Internet
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Netflix unveils video service in UK, Ireland

(AP) -- Netflix's Internet video service made its debut in the United Kingdom and Ireland Monday as part of a previously announced expansion that is expected to saddle the company with its first annual loss in a decade.

dateJan 09, 2012 in Business
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Netflix says it's sorry, then creates new uproar

(AP) -- The CEO of Netflix said he was sorry for mishandling a recent price increase that caused customers to cancel the service in droves. But the apology was drowned out by a decision that angered subscribers all over ...

dateSep 20, 2011 in Business
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