Netflix chief Reed Hastings seeks to transform film rental business
GATOS, Calif. AP Reed Hastings founder of Netflix views his online DVD subscription service as a global mission to deepen movie culture and broaden access. Netflix grows rapidly toward 2 million subscribers while facing Blockbuster Wal-Mart and FilmCaddy competition. Hastings aims for top media status and expansion to Canada and the UK as revenue climbs toward 1 billion in five years.
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Netflix Inc
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Hastings
Peace Corps
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Netflix
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Los Gatos
Blockbuster
Viacom Inc
Pure Atria
Rational Software
California
Gray Davis
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San Jose
Rambus win shifts tides in chip antitrust saga
Rambus Inc wins a key FTC antitrust dismissal easing fears of broad legal battles. The ruling centers on emails showing DRAM makers discussed pricing and a unified strategy, while Intel had earlier shifted memory focus away from Rambus. Leading DRAM players including Samsung Hynix Micron and Infineon cooperated with probes into price fixing.
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San Jose
Calif
Rambus Inc
Federal Trade Commission
Rambus
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FTC
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Justice Department
Samsung Electronics Co
Micron Technology Inc
Infineon Technologies AG
Hynix Semiconductor Inc
Micron
David Parker
Boise
Idaho
Stephen J. McGuire
Rela
Feds Probe Titan Corp Payments
The Justice Department has opened a criminal probe into Titan Corp allegations of illegal payments to overseas consultants. The inquiry follows a Lockheed Martin review that spurred Titan’s merger process.
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Feds Probe Titan Corp. Payments
Los Angeles
Justice Department
the Titan Corp
Defense
Lockheed Martin
Titan
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