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Netflix calls for ISPs to back true net neutrality

2014-03-21 09:08:00| Telecompaper Headlines

(Telecompaper) Netflix has come out against ISPs that charge for better access to their customers and called for more internet providers to adopt true net neutrality. Netflix CEO Reed Hastings said the company has agreed to pay the "toll" of interconnection costs to some ISPs in order to ensure its customers have sufficient bandwidth for viewing. This includes the recent agreement with Comcast, which supports "weak net neutrality", Hastings said. Other ISPs, such as Cablevision, already practice "strong net neutrality", ensuring an "outstanding" performance for Netflix users. Hasting said the company did not pay for premium access to ISPs, only interconnection. The reason was most Netflix customers have little choice to change ISP, as broadband is available usually from just 1-2 providers in most areas of the US. In addition to consumers paying significant amounts for broadband of varying quality, Netflix noted that small service providers may also be suffering from the interconnection fees demanded by ISPs to ensure smooth streaming. In addition, the CEO pointed to a double standard at ISPs, that support free peering amongst themselves, but do not extend this to other service providers. Hastings said ISPs should realise that net neutrality would help grow their businesses over the long term. WHile Netflix will continue to pay interconnection in the medium term, the CEO pledged to continue "to fight for the internet the world needs and deserves". 

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Compete America says H-1B visas produce net IT job boost

2014-03-20 13:05:15| InfoWorld: Top News

The high-tech industry contends that Congress' failure to raise the cap on H-1B visas is costing the U.S. an opportunity to create a new job every 43 seconds. To make its point, Compete America, which represents many major high-tech firms on immigration issues, has built a calculator that ticks away jobs that it says are lost, or not created, because of visa restrictions.

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HONG KONG: Li & Fung FY net profit in 21% surge

2014-03-20 12:47:00| Daily apparel & textile news and comment - from just-style.com

Global sourcing and supply business Li & Fung recorded a stronger than expected full-year net profit in 2013, boosted by the turnaround of its LF USA division.

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Plateau Ahead for Net Lease?

2014-03-18 20:31:00| National Real Estate Investor

One of the biggest hurdles to achieving higher sales in the net lease market is limited supply of acquisition opportunities. read more

Tags: net ahead lease plateau

 

US: Charges push Destination XL to Q4 net loss

2014-03-14 16:07:00| Daily apparel & textile news and comment - from just-style.com

Destination XL Group has moved to a net loss in its fourth quarter as a result of one-off charges and a sluggish retail environment.

Tags: net loss charges destination

 

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