Internet stock slips raise fears of new bubble

Quick cooling of hot stock market debuts by Internet darlings such as Groupon has fed fears of another speculative bubble as social networking star Facebook prepares to go public.

Streaming to overtake cable in 3-5 years: Netflix

Internet-streamed video will overtake cable to dominate home video viewing within three to five years, Netflix chief executive Reed Hastings predicted Tuesday, with stiffer competition to come.

Taiwan's Acer swings to loss in April-June quarter

Taiwan's leading personal computer maker Acer on Wednesday reported a net loss of $11.39 million in the April-June quarter mainly due to increasing expenses on investments and declining gross margins.

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