SYDNEY (Reuters) - An Australian internet streaming company part-owned by News Corp said on Tuesday it will cease operations less than three years after launching, a sign that local start-ups are struggling against larger U.S. rival Netflix Inc.<div><a href="http://feeds.reuters.com/~ff/reuters/technologyNews?a=dhQej5WKPAs:Oa2oKZzUQF4:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/technologyNews?d=yIl2AUoC8zA" border="0" /></a> <a href="http://feeds.reuters.com/~ff/reuters/technologyNews?a=dhQej5WKPAs:Oa2oKZzUQF4:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/technologyNews?i=dhQej5WKPAs:Oa2oKZzUQF4:V_sGLiPBpWU" border="0" /></a> <a href="http://feeds.reuters.com/~ff/reuters/technologyNews?a=dhQej5WKPAs:Oa2oKZzUQF4:-BTjWOF_DHI"><img src="http://feeds.feedburner.com/~ff/reuters/technologyNews?i=dhQej5WKPAs:Oa2oKZzUQF4:-BTjWOF_DHI" border="0" /></a></div><img src="http://feeds.feedburner.com/~r/reuters/technologyNews/~4/dhQej5WKPAs" height="1" width="1" alt="" />