Walmart enters web movies, buys VUDU, to compete with Netflix

Wal-Mart Stores Inc will buy the fledgling Vudu online movie on-demand service, in a deal expected to close within weeks and pit the world’s largest retailer against the likes of Netflix Inc. Wal-Mart hopes to combine Vudu’s technology with its own scale and expertise to get into a burgeoning market staked out by Netflix and [...]