0 inShare Despite a few public missteps last year, Netflix doesn't appear to be slowing down — the internet video giant just announced that it streamed more than one billion hours of video this past June. This milestone was actually released by CEO Reed Hastings over his Facebook; in a post, Hastings congratulated Netflix's Chief Content Officer Ted Sarandos "and his amazing content licensing team" for helping the company reach this milestone. Hastings also thinks that the upcoming Netflix orignal series House of Cards as well as the Netflix-exclusive fourth season of Arrested Development will help the company "blow these records away." It's hard to argue with Hastings — the company reportedly was the leader in online video revenue in 2011, and with traffic continuing to surge it may end up being the leader this year as well.

Just in time for the premiere of Breaking Bad's final season, AMC Network and AT&T announced a new deal that will keep the network on AT&T's lineup.

Mozilla today announced that its standalone, mobile operating system will be known as Firefox OS, with TCL Communication Technology and ZTE as its first manufacturing partners.

Sony Computer Entertainment announced today that it has acquired the prominent interactive cloud-based gaming company, Gaikai, for approximately $380 million.

Apple has agreed to pay $60 million to China-based Proview over the iPad trademark in China after numerous back-and-forths in court. Although Apple claims it has owned the iPad trademark in China since at least 2010, Proview won a series of Chinese courts decisions throughout 2011. Apple took the case higher up the chain and even battled Proview in the US for a while, but apparently decided to put the case to rest as of June 25.

Analysts anticipated another miss ahead of Research In Motion’s first-quarter earnings report on Thursday as sales continue to stall ahead of the struggling smartphone vendor’s first BlackBerry 10 smartphone launch, which is expected this October. RIM warned in late May that it would likely see an operating loss in the first fiscal quarter — its first net quarterly loss since fiscal 2004 — but the Street’s consensus ranged from a profit of $0.01 per share on $3.1 billion in sales to a net loss of $0.03 per share. The numbers are now in and RIM reported on Thursday that it lost $0.37 per share on revenue of $2.8 billion.

Instagram has increased its Web presence with a site overhaul that includes the addition of more interactive features.

Today at Google I/O, the company announced that it is launching a new version of its Chrome browser, which will be available for iPhone and iPad users. The new app should be on the Apple App Store today, allowing users to sync all their tabs, bookmarks, and credentials across all their devices.

Google unveiled its own Nexus tablet, the Nexus 7, at the Google I/O conference Wednesday in San Francisco. The 7-inch tablet running Android 4.1 Jelly Bean will have a 1.3GHz quad-core Tegra 3 processor as well as a 1280x800 IPS display with a 178-degree viewing angle.

Apple's iPhone has been a sales juggernaut since its launch. And a new study from research firm Strategy Analytics seems to drive that point home.