Instagram, Vine and Netflix hit by Amazon glitch (BBC News)
Users of Instagram, Netflix, Inc. (NASDAQ:NFLX), Vine, Airbnb and several other services reported problems getting through to the services for several hours late on Sunday. All of them rely on servers that are part of Amazon.com, Inc. (NASDAQ:AMZN)‘s cloud-based network. The problems were traced to a data centre in northern Virginia that was struggling to keep up with demand.
Netflix executive upends Hollywood (Los Angeles Times)
When Ted Sarandos put out the word that Netflix, Inc. (NASDAQ:NFLX) would begin producing original shows, he was swamped with story pitches that everyone else in Hollywood clearly had taken a pass on — including some scripts marked with coffee stains, smudged fingerprints and other telltale signs of rejection. That all changed in 2011 after Netflix bought the political thriller “House of Cards” from “The Social Network” and “Fight Club” director David Fincher.
Seven, Nine plan Netflix rival (The Age)
Can Aussie networks win us back after treating us so badly for so long? Australians are some of the world’s most prolific pirates, but we’re also crying out for more legitimate online video services. Quickflix is going from strength to strength and it’s great to see new players like EzyFlix hit the market, but the supposedly US-only Netflix is also winning over plenty of Australians who know how to bypass geo-blocking restrictions. It’s been reported for some time that Netflix is eyeing off Australia, but right now the US streaming giant seems to be happy to take our money and turn a blind eye as we sneak in the back door.
Picture This: Microsoft Buys Netflix, Makes Hastings CEO (The Start)
It’s no surprise that Netflix, Inc. (NASDAQ:NFLX) CEO Reed Hastings makes the rounds as a possible contender for the forthcoming CEO vacancy at Microsoft Corporation (NASDAQ:MSFT). I emailed Hastings to ask if he had an interest and, shockingly, he did not reply. Not even with a curt one-line riff. But he’s no stranger to Microsoft. And Netflix, despite pop belief, desperately requires a bailout. It’s a match sort of made in heaven. At least the heaven where Silicon Valley fat cats, Wall Street’s elite and guys whose retirement sends their personal wealth soaring go to rest. I need to check on this, but that place might actually be called hell.
Aussie TV Networks Reportedly Working On A Netflix Rival (Gizmodo)
Channels Seven and Nine are both working on a new “Netflix rival” if a new report is to be believed. Basically it would see the two networks join forces to dominate the rebroadcasting rights surrounding their most popular local shows, so that online rebroadcasting services like Netflix, Inc. (NASDAQ:NFLX) and Hulu can’t scoop them up for cheap if they ever decide to land in Australia. The Australian Financial Review adds that an elite team of Channel Nine goons has been stationed at Seven’s offices to work on the new online platform, which would reportedly boast shows like Home And Away, which believe it or not is Seven’s most popular show in catch-up.