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Netflix blames weak U.S subscriber adds on new chip-based cards

October 14, 2015 admin ahmet-davutoglu, before-clawing, bell, customs, debit-card, netflix, own-forecast, problem-lasted, putting-paid

Video-streaming service provider Netflix Inc reported third-quarter U.S. subscriber additions below its own forecast, blaming an ongoing transition to chip-based cards for the miss. Shares of Netflix, known for its original shows such as “House of Cards” and “Orange is the New Black”, plunged about 15 percent after the bell, before clawing back to trade down 2.4 percent

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Apple faces $400 million in damages in university patent case: sources

October 14, 2015 publisher bell, case, district-judge, manhattan, putting-paid, ruling-on-sept, university, york

By Andrew Chung NEW YORK (Reuters) – Apple's potential damages in a patent fight with the University of Wisconsin's licensing body could reach $400 million as a trial on the amount Apple owes for infringing a processor patent got under way on Wednesday, two people familiar with the case said. The figure is less than half the amount that U.S.