It was supposed to be a “killer app,” but a system deployed to volunteers by Mitt Romney’s presidential campaign may have done more harm to Romney’s chances on Election Day—largely because of a failure to follow basic best practices for IT projects.

Reed Hastings says that, one day, Amazon will provide real competition for Netflix. But the Netflix CEO says Jeff Bezos will have to spend a lot of money before that happens: Hastings says Amazon is losing between $500 million and a $1 billion a year as it acquires streaming video content rights.