Good news for all you mechanical drive freaks out there: the beleaguered and washed-out hard disk drive industry is on track to pull its head back above water in the second half of the year. Yay! Bad news for all you mechanical drive freaks out there: even though HDD output will fully catch up to previous levels, HDD prices are still going to stay above the "dirt cheap" range they were at before the Thailand floods.
Netflix has been facing a ton of consumer backlash over its recently announced price hikes, and while the company has been fairly tight lipped when it comes to explaining why it was necessary, the Associated Press claims to have the answer. According to sources close to Netflix, the company simply underestimated how long it would take to convert customers over to a streaming only future, and was stuck with a business model that simply couldn’t keep up with their long term goals.