Netflix, Inc. (NASDAQ:NFLX) has renewed Trailer Park Boys for two more seasons. The show will be exclusive to Netflix. Trailer Park Boys originally ended after seven seasons in 2007, but ten new episodes will be coming to Netflix before the end of 2014 along with the previous seasons of the show.
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Tesla Motors Inc (NASDAQ:TSLA) has dropped the price of the Model S in Germany and several other European countries. The introductory base price of the Model S when it launched in Germany was 72,000 euros.
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Wayfair, an online furniture and home decor e-commerce website, has announced it has raised $157 million in funding led by T. Rowe Price. Wayfair has now raised over $350 million in funding. Wayfair was founded under the name CSN Stores 12 years ago and is believed to be preparing for an IPO. The company generated over $900 million in 2013 revenues last year.
Toyota Motor Corp (TYO:7203) is recalling 7,067 Highlander SUVs due to seat belt issues. This issue affects the 2014 model of the Highlander sports utility vehicle in the U.S. market. There is a possibility that Highlander SUVs that were manufactured between November 20, 2013 and January 18, 2014 has the issues. The seat belts have not been properly secured to the vehicle floor said Toyota. There has been no reports of any accidents being injured as a result.
[Source: 4-Traders]
General Assembly is an education company that teaches people how to program and design. The company has raised $35 million in Series C funding led by Institutional Venture Partners (IVP). General Assembly has now raised a total of $49.3 million.
Facebook Inc (NASDAQ:FB) photo social network subsidiary Instagram has signed an advertising commitment worth up to $100 million over the next year with agency holding company Omnicom. Instagram opened up their advertising platform four months ago. Michael Kors was Instagram’s first ad client and the photo social network community has been receptive to the ads.
The Bogdanov family allegedly stole $7 million worth of toys, electronics, and other merchandise, then sold the goods on eBay. Federal prosecutors claim that Lela Bogdanov stuffed the merchandise in the blue lining of her big black dress and then walked out of stores with the stolen merchandise hidden in her clothing. Her family members reportedly created a diversion while the heist took place. Then the Illinois family transported the stolen property across state lines.
Hewlett-Packard Company has announced the HP 8 1401. The HP 8 is an Android-based tablet that has a low price of $169.99. The HP 8 measures at 7.8 x 5.3 x 0.31 inches and weighs 0.69 pounds. The resolution is 1024 x 768 pixels (163 pixels per inch). The HP 8 has a quad-core chip from Allwinner and 1GB of RAM. It also has 16GB of storage and a microSD card slot that is expandable up to 32GB with a battery that is 3800 mAh. The tablet is WiFi only and connects through 802.11b/g/n. It runs on Android Jelly Bean (4.2.2). When you buy the tablet, you will get 25GB of free lifetime cloud storage from Box.
[Source: GigaOM]
