The struggling Internet giant names the PayPal boss as its new CEO.
The movie streaming company said CEO Reed Hastings will receive fewer stock options in 2012. Regulators approve AT&T's plan to buy wireless spectrum from Qualcomm.
A 15% decline in shares of the daily deals site puts the stock very close to its $20 debut price.
This IPO is just a repeat of the previous dot-com era, when so many investors lost so much money.
Critics of Reed Hastings are missing the point: You can't innovate without failure.
While the post-earnings fallout at Amazon rivaled that of Netflix, the two companies are nothing alike.
The company is poised to benefit most from the expected jump in mobile advertising -- but its costs are also escalating.
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