- Editor's PickJP Mangalindan•4 hours ago
Today, Yahoo Finance will live stream Microsoft CEO Satya Nadella’s keynote for the Microsoft Ignite Conference, at 1 p.m. PST/4 p.m. EST. As my Yahoo Finance colleague Daniel Howley pointed out, 85% of Fortune 500 companies use Microsoft’s Azure cloud service, and the company adds 120,000 new Azure subscriptions a month. For years, you’ve probably heard about the “cloud”: that vague catch-all tech term referring to data and computing services hosted and crunched remotely.
- American City Business Journals•17 minutes ago
Pasadena has become the latest city to implement a tax on streaming services such as Netflix, HBO Go and Hulu. The city’s finance department decided last week to apply a 9.4 percent tax on residents who subscribe to video services, beginning Jan. 1, reported the Pasadena Star-News . Pasadena’s Finance Director Matthew Hawkesworth determined that the tax applies to video games and streaming services similar to cable “regardless of the content of such video programming, or the technology used to deliver such services,” according to a memo to City Manager Steve Mermell.
- Investor's Business Daily•20 minutes ago
Demand for consumer media time and spending is intensifying, pressuring Netflix’s growth prospects, UBS says.
Netflix, Inc. (NFLX)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||94.52 x 200|
|Ask||94.56 x 100|
|Day's Range||94.04 - 95.40|
|52wk Range||79.95 - 133.27|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||295.50|
|Avg Vol (3m)||10,774,149|
|Dividend & Yield||N/A (N/A)|