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Netflix CEO admits 'arrogance,' renames disc business Qwikster
September 19, 2011 | 6:20
am
8
58
After watching customers leave and the company's stock price plummet, Netflix Chief Executive Reed Hastings on Sunday admitted that he had fallen victim to "arrogance" and announced changes to the DVD offering.
The company's DVD-by-mail service will get a new name, Qwikster, and add the option to order video games along with movies
Tom McHale on 18 Mar 13"Two high school football players in the US state of Ohio have been found guilty of raping a 16-year-old girl. The case came to light via text messages, online videos and social media posts made the morning after, attracting nationwide attention. The two were sentenced to at least a year in juvenile detention and the judge said both might stay in detention until they reach 21. The case was thrust into the national spotlight after attention by bloggers and the hacker activist group Anonymous. Some claimed that the community - including local police - had sought to cover up the crime to protect the accused, who were members of a celebrated high school football team."
