Tuesday, September 1, 2015

Biz Break: Netflix's stock tumbles as competition heats up

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Tuesday, September 1, 2015
Biz Break
 Biz Break: Netflix's stock tumbles as competition heats up


Biz Break: Netflix's stock tumbles as competition heats up
Today: Netflix's stock dropped 8 percent on Tuesday amid competition from Hulu, Amazon and possibly Apple.

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Uber loses round in legal battle with drivers
Federal judge finds that case against Uber over employee status of drivers can proceed as a class-action, raising stakes in legal battle that threatens ride-sharing business model.

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Biz Break: Netflix's stock tumbles as competition heats up
Today: Netflix's stock dropped 8 percent on Tuesday amid competition from Hulu, Amazon and possibly Apple.

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San Jose considers stronger rent control law for next year
As Silicon Valley's soaring rents continue to squeeze out the working class and developers push to build more market-rate apartments, city leaders on Tuesday will discuss a controversial proposal to beef up San Jose's rent control law by January.

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Nest thermostat gets new look
Nest Labs on Tuesday released its third-generation learning thermostat, with a new look and features.

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Santa Clara County to sever $300 million contract over Valley Med hospital upgrade
Santa Clara County's $300 million expansion and seismic upgrade at Valley Medical Center is already two years behind schedule, and Monday, the county declared it intends to fire Turner Construction, the company overseeing the project and one of the country's biggest builders, whom county officials blame for falling woefully behind on the job.

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Going on vacation? Your cats can enjoy luxury digs, too
LOS ANGELES -- When Boris and Anastasia vacation, they prefer to stay in a deluxe three-story suite, dine on tuna mackerel and lobster consommé, and spend their time on an iPad.

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Consumer panel: Airlines should disclose fees, seat size
Airlines should clearly disclose the cost of change and cancellation fees, as well as the size of the plane's seats, before a passenger buys a ticket, a federal panel said Tuesday

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5 things to watch at the IFA gadget show in Berlin
Some 1,500 companies and over 250,000 people are expected to visit Europe's flagship technology show, the IFA in Berlin, when it opens to the public on Friday.

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First Tesla Model X buyers now picking colors, 'ludicrous mode'
The first customers who reserved Tesla's Model X all-electric sport utility vehicles have been alerted that, at long last, they can choose their paint color, wheel size and whether they want to drive ludicrously fast.

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Hayward businessman, civic leader Gilbert Zaballos dies
Gilbert Zaballos contributed time, money to numerous Hayward causes.

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Novato's Buck Institute opens world's largest public stem cell bank
The largest publicly available stem cell bank in the world has opened for business at the Buck Institute for Research on Aging in Novato.

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Google hit with antitrust complaint in India, report says
Indian antitrust officials have accused Google of stifling competitors and favoring companies that advertise with it, opening up the latest front in a worldwide battle over whether the Mountain View tech company is abusing its power as a top search engine.

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