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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.

India's leading IT company Tata Consultancy Services (TCS) today denied the charges of Intellectual Property infringement and asserted that it will appeal against the US Federal Court's verdict that slapped the company with 940-million.

Saudi Arabia has told the Obama administration that it would sell its $750 billion US assets if the congress would pass the JASTA bill. The bill would give the 9/11 victims' families the rights to sue Saudi Arabia in US courts.