Tag archive: wal mart stores

Shares of TiVo jumped 7 percent and shares of Netflix rose 5 percent in after-hours trade on the widely anticipated announcement for a set-top box that represents a kind of technological Holy Grailfor the entertainment industry. Netflix spokeswoman Shernaz Daver said they targeted a 2005 debut for a product that would let consumers download movies onto their TiVos through high-speed Web connections and watch films at their leisure. But the… Read More

It took almost three months of requests before the company finally agreed to allow a journalist to visit. Asked why it shuns publicity with such fanaticism, Mr. Gong quotes a famous saying by the early Chinese nationalist leader Sun Yat-sen: “The revolution has not yet succeeded; our comrades must make more efforts.” The corporate strategy is neatly summarized by a slogan in large silver letters on a display room wall:… Read More

Subscribers must buy a $99 set-top box from regional electronic chain stores and Wal-Mart Stores Inc. outlets. They also have to pay a monthly fee of $19.95 — compared with than cable and satellite service bills that range from about $30 to over $100 per month. The company has already launched the service in Salt Lake City, Utah, where it where it is based, with more than 25 channels and plans to debut in Albuquerque, New… Read More

The site was in operation Thursday morning, signaling that the world's largest retailer is moving to capture more of the music market. Wal-Mart executives are fond of saying 20 percent of their customers don't have checking accounts. But in Thursday's announcement, Walmart.com senior category manager Kevin Swint said 64 percent of Wal-Mart customers are online. “We see digital music downloads as a natural extension… Read More