Bloomberg Business Report: Netflix cracking down on account sharing

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by Jane King / Bloomberg

Bloomberg

Posted on April 22, 2013 at 7:32 AM

Are you guilty of sharing your Netflix account with friends or family? Netflix may be cracking down on its more than 33 million customers by tightening up its policies, or even boosting prices. Right now the company has no restrictions on the number of PC's, tablets or phones which can use one account, or the number of people who can sign in. One analyst from Wedbush Securities estimates as many as 10 million people use the service for free.

Drivers have been enjoying lower prices at the pump lately and citing Gas Buddy, USA Today says prices could fall another 20 cents by Memorial Day. AAA says the national average is $3.52 a gallon right now. That's down 17 cents from a month ago.

Though lower gas prices is not good news for Toyota. Its top executive says it may lead to lower sales of the Toyota Prius. So far sales of the hybrid are down more than 8 percent as of the first three months this year.

If you're one of the millions out there suffering from migraines, chili peppers could give you some relief! More than 36 million Americans suffer from migraines and biotech company Amgen has discovered targeted injections with chili oil may be the key. Although the treatment is still experimental, one analyst says it has the potential of reaching $1 billion in sales-- should it gain regulatory approval.

Investors are eyeing Boeing after announcing it won approval for its redesigned battery. This takes it one step closer to getting its 787 Dreamliners back in the air. 

 

 

 

 

 

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