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A Fool Looks Back

There's no love lost between Netflix  (NASDAQ: NFLX  )  and the broadband providers that it needs to serve up its streams. Its latest battle is with Verizon (NYSE: VZ  ) , the telco giant that it played nice with earlier this year by entering into a deal that was supposed to improve the quality of its videos.

Netflix is now telling its subscribers when the Internet service provider is at fault for a lousy connection. Verizon is the company that's been singled out, but Netflix is apparently doing this for all broadband providers that seem to be dropping the ball.

Verizon has responded by denying Netflix's accusations, following that up with a cease-and-desist notice for Netflix to stop blaming the carriers when streaming quality goes south. This battle will continue, but both parties eventually need to play nice. They need one another. Netflix is a major reason speedy and reliable broadband is so popular these days, and Netflix can't succeed if service providers drop the ball.

Briefly in the news
And now let's look at some of the other stories that shaped our week.

  • Baidu  (NASDAQ: BIDU  )  filed its intention to sell senior notes. It may have seemed peculiar at first. China's leading search engine has minimal debt and $6.4 billion in cash and equivalents oozing out of its balance sheet. Credit ratings giant Moody's suggests that Baidu may be doing this to raise offshore cash that it can use for acquisitions and other interests overseas.  
  • Apple  (NASDAQ: AAPL  )  hosted its annual Worldwide Developers Conference. There weren't any major announcements outside of significant updates for its two flagship operating systems. However, as the week came to a close, reports surfaced that Apple would finally be diving into the wearable computing market with a health tracker that would hit the market in October.  
  • FuelCell Energy  (NASDAQ: FCEL  )  slumped after posting disappointing quarterly results. The fuel cell specialist posted a wider loss than analysts were expecting. Revenue also fell short of expectations. FuelCell Energy has seen its shares shed more than half of their value since peaking in March, but the stock has still nearly doubled over the past year.  

Leaked: Apple's next smart device (warning -- it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee that its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are even claiming that its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts that 485 million of these devices will be sold per year. But one small company makes this gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and to see Apple's newest smart gizmo, just click here!

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Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

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Rick Munarriz

Rick has been writing for Motley Fool since 1995 where he's a Consumer and Tech Stocks Specialist. Yes, that's a long time. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception. He earned his BBA and MBA from the University of Miami, and he now lives a block from his alma mater.

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