Report: Government Lost As Much As $60 Billion To Waste, Fraud In War Contracts

Report: Government Lost As Much As $60 Billion To Waste, Fraud In War Contracts

According to the Commission on Wartime Contracting in Iraq and Afghanistan, those conflicts have been cesspools of financial mismanagement. The commission says between $31 billion and $60 billion of the total $206 billion in war-related contract spending has been burned in waste or fraud. [More]

Blockbuster Tries To Thwart Netflix, Gobbles Up Movie Download Service

Blockbuster Tries To Thwart Netflix, Gobbles Up Movie Download Service

Blockbuster has purchased Movielink, an ailing movie download service cobbled together by film studios to combat online piracy. The deal will give Blockbuster access to movies from Sony, Universal, Paramount, MGM, and Warner Brothers. Netflix’s download service, by contrast, offers a limited selection of mostly older movies. The deal is the latest salvo fired in the consumer-friendly war of the movie rental services. No word yet on how long hackers might take to crack the new download service.