Jonathan Heiliger

Today in Tech: DVD sales drop, streaming services soar

May 4, 2011: 10:22 AM ET

A curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.

  • Several high-profile Facebook employees have recently left the company, including Jim Midgal, director of business development, Jonathan Heiliger, VP of technical architecture, and Marcel Laverdet, one of three employees who got their jobs by once hacking the social network to resemble MySpace.
    (Business Insider)
  • AOL's latest quarterly earnings are in, and depending on how you view things, the company either pleasantly surprised or disappointed: factoring in the Huffington Post acquisition and restructuring costs, profits amounted to $4.7 million on sales of $551.4 million, a 17% decline from the same time a year ago. But if you exclude all those costs, earnings actually beat analyst estimates. (ZDNET)
  • DVD sales dropped 20% last quarter. While movie studios blame the plunge on the Easter holiday and a lack of blockbuster releases, it's also worth noting that sales for streaming and subscription-based services like Netflix jumped 33% to $695 million. (The Guardian) More
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