News bites: Verizon and Redbox take on Netflix

Verizon and Redbox have teamed up to launch a competitor to Netflix, Reuters reports.

Facebook CEO Mark Zuckerberg could face a tax bill as high as $2 billion after his company goes public, CNN reports.

Activists are trying to stop the Anti-Counterfeiting Trade Agreement, The New York Times reports.

The Wall Street Journal reports that 4G smartphones drain batteries.