Amazon could be losing up to $1 billion per year on its streaming video service Amazon Prime, according to Netflix CEO Reed Hastings.
While Apple’s iOS 6 software was only release yesterday, about 15 percent of eligible devices have already upgraded, according to data from research firm Chitika.
Contrary to recent reports, streaming activity for video rental service Netflix may not have dropped due to the 2012 London Olympics.
The next time a nefarious organization wants to keep people off the Internet, it would do well to engineer its own championship professional football game.
Netflix again leads the pack as North America’s largest consumer of Internet bandwidth, creating 32 percent of peak downstream traffic, according to the 2011 Sandvine Internet Phenomena Report, which was released today.