Osama bin Laden

Today in Tech: Why Netflix hiked prices

July 18, 2011: 3:30 AM ET

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"I'm just hoping this doesn't end like 2000 again. The desire to make a buck does help fuel innovation, but it can also wipe out people's nesteggs if they get too greedy."
-- MySpace co-founder Tom Anderson (Google+)

* Still wondering why Netflix hiked up their lowest rental plans by 60%? It's because users aren't switching over to the company's streaming service as quickly as analysts (and Netflix itself) had hoped. (That, along with the higher costs attached to the DVD business.) (USA Today)

* This year's Women's World Cup tournament set a new Twitter record -- 7,196 Tweets per second -- higher even than the news of Osama bin Laden's death last May. (TechCrunch) More

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