Netflix tops streaming services

The markets traded lower during the midday with the Dow losing 20 points to 20,637. Nasdaq fell 20 points to 5,860.


In the battle to win streaming customers, Netflix is by far the leader in popularity. Media measurement and analytics firm comScore reported that of the 49 million homes that used some sort of "Over the Top" (OTT) service in December, 75% used Netflix at least once during the month. That's well ahead of second place YouTube which 53% of homes used at some point in December.


German bank Bankhaus Lampe said that Apple may replace chip supplier Dialog Semiconductor in the near future as Apple develops its own energy saving chip. Dialog, which makes power management chips for smartphones, has denied that there has been a change in its relationship with Apple.


McDonald's is recruiting for open positions through a new Snaplications campaign. Applicants use a McDonald's Snapchat filter and submit it along with a 10-second video message. The fast food giant will direct approved applicants to an online site to complete a more detailed application.


In the broad market, declining issues outpaced advancers by a margin of 4 to 3 on the NYSE and by nearly 5 to 4 on Nasdaq. The broader S&P 500 index fell 7 points to 2,349. Bitcoin soared $24 to $1220.


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