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Netflix: The Dog Ate Our Credit Cards

In a mixed-results third-quarter earnings announcement Wednesday, Netflix acknowledged that U.S. subscriber growth had not met expectations. The problem, the company said, was due in part to the credit card industry's transition from the old swipe cards to new chip ones, also called EMVs, which are supposed to be more secure. But as Netflix pointed out, they present a potential problem for companies heavily dependent on automated payments. more info: #FullNewsAudioAvailable


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