Thursday, January 12, 2012

Netflix launches service to the UK and Ireland

Last summer research suggested that Netflix was the single biggest driver of internet traffic in the US. However the move follows a difficult period for the company loosing 800,000 customers in the third quarter of last year. Now they have expanded their services to the UK and Ireland. Movies and T.V. shows will be available on a variety of platforms, including game consoles, smartphones and tablets.

Friday, January 6, 2012

Barnes & Noble may spin off Nook e-reader

Barnes & Noble is considering spinning off its Nook business. CEO William Lynch said in a prepared statement. "We believe it's the right time to investigate our options to unlock that value."Barnes & Noble blamed the larger losses partly on lower-than-expected sales of the Nook Simple Touch. It plans to increase its investments in its Nook line, ramping up advertising and international expansion.The kindle fire is basically taking down the nook and is a close competitor to other tablets.

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