Netflix took the crown and got the number one spot on Morgan Stanley's sixth annual survey for the video streaming industry. Netflix's original content draws more subscribers and retain existing ones.
San Francisco treasury requires Uber and Lyft drivers to register as business contractors and pay an annual fee of $91. Letters were sent to the 37,000 drivers informing them to comply or else.
Tata Consultancy Services, an India-based IT company, was penalised $940 million in a case suit filed by Epic Systems, a healthcare software firm. Besides, a disciplinary fine of $700 million, the jury also ordered TCS to pay a $240 million to Epic.
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