Technology News
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Dish Network Corp., the second largest U.S. satellite-TV provider, will introduce a Blockbuster streaming-movie service to compete with Netflix Inc. next month, according to a person with direct knowledge of the plans.
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AOL Inc. invested in a new fund for technology startups to be led by Michael Arrington, who will no longer be top editor of AOL’s TechCrunch blog, which he founded, said two people familiar with the plan.
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Permira Advisers LLP, the London- based buyout fund, is in talks to buy Alcatel-Lucent’s Genesys software unit after deciding against a takeover of its entire enterprise business, said a person with direct knowledge of the situation.
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Netflix Inc., the online and DVD rental service, fell the most in four months after John Malone’s Starz LLC cable network ended contract renewal talks in a standoff over pricing.
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