Internet

Netflix Hiking Monthly Streaming Price

Netflix

Online streaming and DVD rental site Netflix says it will be increasing its monthly price by one or two dollars, depending on the country. The price hike will originally be for new members, starting this quarter. Existing members would stay at current pricing (e.g. $7.99 in the U.S.) for a ‘generous time period’ says Netflix.

Airbnb Raises $450M

Airbnb

Airbnb has raised $450 million in financing, which translates into a $10 billion valuation for the home-sharing marketplace. The investment was led by private equity firm TPG. The Wall Street Journal’s Mike Spector, Douglas Macmillan, and Evelyn M. Rusli reported the funding.

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