Tech wrap: Verizon to take on Netflix

December 6, 2011

Verizon Communications plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix and the traditional cable TV business, according to several people briefed on the plan.

Wireless service provider Verizon Wireless said it was not blocking Google’s payments app, Google Wallet, on its latest smartphone, and said it was still in talks with Google about the service.

A court in southern China has rejected a lawsuit by Apple, accusing a Chinese technology company of infringing its iPad trademark, a newspaper reports, the latest move in a protracted tug-of-war over the name.

For most brokerages, the question is not whether to cut their price targets for Research In Motion but by how much. Analysts who see the possibility of a white knight emerging for the struggling BlackBerry maker have favored a target higher than its current trading level of about $17 a share. For those who see no end in sight for RIM’s downward spiral, the target tends to be much lower.

A court error on Friday offered a brief glimpse at information that Apple Inc and Samsung Electronics have tried to shield from the public during their high-stakes patent litigation.

One comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/

Good solution. Canceled Netflix and now use TVDevo for streaming Movies and TV. I also signed up for Redbox for new release movies. Bye Nflix!!

Posted by emmabrad | Report as abusive