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Price hike still haunts Netflix stock 1 year later
Published: 07/13/12 03:24 PM EDT
SAN FRANCISCO (AP) , Netflix is more popular among couch potatoes than investors a year after its polarizing decision to raise U.S. prices for video subscription services. The unexpected twist that Netflix unveiled a year ago Thursday triggered mass customer cancellations and a sell-off in its stock, which has wiped out more than $11 billion in shareholder wealth.

Technology Top Stories from Associated Press (AP)
Mon, May 20, 2013
06:15 PM Idaho couple and Sun Valley land in Twitter tussle
01:57 PM Yahoo takes big leap with $1.1B deal for Tumblr
01:34 PM Senators require fingerprinting at 30 airports
01:23 PM Blackstone group offers to take Pactera private
12:29 PM Seoul: Day 3 of NKorea tests of short-range weapon
12:12 PM Seen and heard at the Cannes Film Festival
11:57 AM Seamless and GrubHub to combine, no terms revealed
10:40 AM High court uphold FCC power in cell tower disputes
09:18 AM Teen invents 20-second cell phone charger
08:04 AM AP NewsAlert
06:37 AM Yahoo offers to buy Tumblr for $1.1B cash
Sun, May 19, 2013
11:18 PM SKorea analyzing NKorea's 4 projectile launches
Fri, May 17, 2013
07:35 PM Ex-Groupon CEO working 9 to 5 on business album
07:00 PM Yahoo CEO to announce 'something special' in NYC
06:30 PM A year after IPO, Facebook aims to be ad colossus
02:47 PM Syrian hackers compromise FT blog, Twitter feeds
02:45 PM Congress gets mixed advice on regulating drones
02:20 PM Canada trying to lure Silicon Valley tech workers
01:05 PM Bloomberg appoints ex-IBM CEO as privacy adviser
11:08 AM Tableau Software soars in trading debut
11:02 AM 'Sonic the Hedgehog' vid games coming to Nintendo
09:01 AM 'Hatchet hitchhiker' arrested in NJ homicide
Thu, May 16, 2013
11:03 PM Famed 'hatchet hitchhiker' arrested in NJ homicide
03:19 PM Sector Snap: Makers of computer networking gear
12:47 PM MLB hoping for large replay expansion in 2014
12:04 PM Lawmakers accuse Google of dishonesty over taxes
11:16 AM Apple says App Store hit 50 billion downloads
03:45 AM INFLUENCE GAME: Tech, labor spar on immigration
02:46 AM New Zealand's top court takes Kim Dotcom appeal
Wed, May 15, 2013
07:24 PM Google boosts photo offerings to rival Facebook
 

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