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CNET News Daily Podcast: Amazon and Netflix earnings defy expectations

The two companies' earnings announcements show consumer spending is still going strong.

Amazon and Netflix today joined Apple and Intel in showing surprisingly good earnings results despite most economists' lingering concerns over consumer spending. Amazon's investors responded by sending the stock up 25 percent in trading today.

Also in today's podcast: checking in with both World Wide Web inventor Tim Berners-Lee and security guru Bruce Schneier. President Obama asks Congress to pass energy and climate-related legislation, and Facebook unveils some design tweaks.

Listen now




Today's stories:

Amazon, Netlix earnings soar

Obama: U.S. needs to lead clean-energy race

Tech advice from Tim Berners-Lee

Security guru warns of marketers and dancing pigs

Facebook pushes out restructured news feeds

DoubleTwist: First Impressions