Netflix stock lifts on China rumors

Netflix shares surged Friday after news reports that the streaming television giant was in talks to begin operations in China. In midday trade, Netflix shares were up 4.7 percent at $614.31, which translates to a market value in excess of $35 billion. The Wall Street Journal reported that Netflix was in the early stages of talks with the Chinese government to bring its on-demand service to the Asian giant. Beyond that, we don't comment on rumor or speculation," Netflix spokesman Jonath