Consumer Web/Social Media
Netflix expands Internet TV service to southern Europe
Internet television service Netflix plans to expand into Italy and Portugal later this year, the company said on Saturday, as part of a bid to expand its popular streaming TV service to some 200 countries worldwide within two years.
Worldwide Chromebook sales set to reach 7.3 million units in 2015: Gartner
Market research firm Gartner Inc estimated 7.3 million Chromebooks would be sold this year, helped mainly by demand from the education industry.
Yahoo shares plunge on report IRS considering spin-off rule changes
Shares in Yahoo Inc (YHOO.O) fell 7.6 percent on Tuesday, as the stock sold off dramatically in the last 20 minutes of the trading day on worries that a potential change in U.S. tax regulations would affect Yahoo's expected spinoff of its stake in Alibaba Group Holding Ltd (BABA.N).
LinkedIn follows Twitter, shocks social media investors
Another day, another shock for investors in social media stocks. Shares of LinkedIn Corp, operator of the most popular social network for professionals, fell 20 percent in early trading on Friday, wiping out more than $6 billion of market value, after the company slashed its full-year forecast.