Netflix scores $1bn own goal after company shoots off mouth

Posted: 29 Jul 2012 04:01 AM PDT

Throwaway comment ruins investor confidence depsite solid results

A throwaway comment in the Netflix results (PDF) – suggesting that the Olympics will impact everyone's TV watching, including Netflix customers – has the company in PR trouble once again, with deeply suspicious investors, ready to jump at anything. After an innocuous set of results which looked like it had almost done enough to keep Netflix out of trouble, this comment has now shaved $1.1bn off the share price, taking its value to $3.3bn in a single day.…

Boffins: VAMPIRE stars are PREYING on their companions

Posted: 29 Jul 2012 03:29 AM PDT

What's a scientist doing watching True Blood?

Astroboffins peering through the European Southern Observatory's Very Large Telescope have figured out that most of the brightest stars in the universe are constantly having the life sucked out of them by vampire stars.…

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