Netflix kills Qwikster

This Week's Biggest Technology News

Netflix's dramatic reversal, a cash-crunched wireless carrier, a desperate handset maker, blessings from Europe for Microsoft, and Steve Jobs: The Motion Picture. This is the stuff that will dominate high-tech headlines in the coming days. Here's what to watch as the week unfolds.

3 Reasons Netflix Is Nixing Qwikster

Realizing that the consumer is usually right, Netflix is abandoning plans to separate its streaming business from its mail-order roots. Here's why Qwikster -- the site that would have served as the new home for customers receiving discs by mail -- was mercifully killed by the former tech darling this morning, sending shares higher.