IBT Staff Reporter

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Netflix Price Increase: Top 5 Reasons

Late Tuesday, Netflix announced that it would raise the Internet plus DVDs in the mail plan from $9.99 per month to $15.98 per month. This decision has caused a huge customer backlash. Why did Netflix raise the price despite widespread customer discontent?

WikiLeaks files complaint over Visa and Mastercard

WikiLeaks and the Icelandic IT company DataCell filed a formal complaint to the European Commission on Thursday, saying payment companies Visa Europe and MasterCard Inc violated EU antitrust laws by blocking donations.

Moody's puts U.S. ratings on review for downgrade

The United States may lose its top-notch credit rating in the next few weeks if lawmakers fail to increase the country's legal borrowing limit and the government misses debt payments, Moody's Investors Service warned on Wednesday.

U.S. and China face vast divide on cyber issues

For two years, academic experts from the United States and China have quietly held talks on cyber-security, straining to establish rules of the road in a realm that has proven a persistent irritant between the world's two largest economies.

McDonald's Not On Board With Healthier Options Initiative : We listen to our customers...

McDonald's has undergone major changes since it has been pressured over the years for its super unhealthier but cheap options. Its Happy Meal already meets guidelines for the NRA's initiative as it is only 390 calories (4 piece chicken McNuggets, Apple Dippers with low-fat carmel, and low-fat milk.) Here are some of McDonald's healthier options for children and adults.

Wall Street up as JPMorgan lifts debt gloom

Stocks rose after the open on Thursday as higher profit from JPMorgan offset concern about Moody's threat to downgrade the United States' top credit rating if the federal debt ceiling is not raised.

Phone Hacking: Rupert Murdoch Refuses to Testify to Parliment

Media mogul Rupert Murdoch and his son James Murdoch refused Thursday to appear before a parliamentary committee investigating alleged phone-hacking and bribery done by employees of their British media empire. Whittingdale asked the three to appear in a week, on July 19, a representative told CNN.

German media mogul Leo Kirch dies at age 84

German media tycoon Leo Kirch died on Thursday after years of illness and without ever resolving his protracted battle with Deutsche Bank, one of Germany's most bitter, drawn-out corporate disputes.

India Seeks Access to Google, Skype Communication

Indian government has asked Google Inc, Skype and other social networking sites to comply with the security agencies requirement—to allow their user to services to guard against terrorism and other crimes, a minister said on Wednesday.

Samsung study rejects claims semiconductor plants caused cancers

A study commissioned by Samsung Electronics rejected assertions that employees may have been exposed to carcinogenic chemicals at its plants, as several cancer-stricken former employees of the world's top memory chipmaker seek compensation for their illnesses.

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