A disruption at one of Amazon’s Web service centers hit users of Netflix’s streaming video service on Christmas Eve and was not fully resolved until Christmas Day, a Netflix spokesman said.
The maker of jet engines and turbines expects the tough economy to continue, cutting its sales.
Resurgent chains like Burger King and Taco Bell are challenging McDonald’s in the United States with revamped menus, celebrity endorsers and a renewed focus on low-priced food.
Google Inc said it bought Instagram rival Nik Software, which makes award-winning photo editing application Snapseed, for an undisclosed amount.
Japan’s government said it intends to stop using nuclear power by the 2030s, marking a major shift from policy goals set before last year’s Fukushima disaster.
