Comcast is dipping its toes into wireless services once more. On June 30, the nation's largest cable services provider will start selling its own brand of high-speed wireless data service in Portland, Ore. The service will be provided via network ...Read More
Talks between General Electric and Vivendi over the future of NBC Universal have stalled, according to people involved in the discussions who spoke on condition of anonymity because they were part of confidential negotiations. The sides, which jointly own NBC Universal, ...Read More
Vivendi and General Electric have agreed that Vivendi will be paid close to one-third of the value of its NBC Universal stake, although a value for the stake itself is still being negotiated, a person familiar with the matter said. The ...Read More
* GE, Vivendi $1 bln apart over NBC Universal stake - FT * Compromise on price likely - UBS (Adds analyst comment, background) PARIS/NEW YORK, Nov 20 (Reuters) - General Electric (GE.N)and Vivendi (VIV.PA) are at least $1 billion apart in theirvaluation of ...Read More
In this July 9, 2001 file photo, Comcast executives, from left, founder Ralph Roberts, CEO Brian Roberts, and Steve Burke pose after a morning conference call in New York. Comcast is close to sealing a deal to take control of ...Read More
Beyond suing archrival Verizon Wireless in federal court, AT&T has now added more fuel to its fight to defend its nationwide wireless network against a negative ad blitz by sending out a letter to customers to "set the record straight."
AT&T ...Read More
* Q3 rev $68.8 mln vs Wall St view $66.76 mln * Adds 44,000 net new customers NEW YORK, Nov 10 (Reuters) - Clearwire Corp (CLWR.O) posteda narrower quarterly loss and revenue on Tuesday that wasslightly higher than Wall Street estimates as ...Read More
With a price set, a potential roadblock on General Electric and Comcast's path to marriage has been cleared. After weeks spent haggling over price, the two companies have settled on a valuation of entertainment giant NBC Universal at around $30 billion, ...Read More
Industrial issues led the U.S. stock market higher Friday, thanks to asurge by bellwether General Electric shares, though the gains were tempered byglum employment data. The Dow Jones Industrial Average (DJI) was recently up about 14 points, or0.1%, to 10019.49, helped ...Read More
Time Warner Cable Inc. (TWC) third-quarter earnings fell a less-than-expected 11% as revenue posted slight gains. The cable industry has managed to keep posting strong earnings despite the recession and competition from the Internet. Comcast on Wednesday reported a higher profit ...Read More
More than a year after the Federal Communications Commission handed down an enforcement action against Comcast for what it considered to be unreasonable network management, the cable provider on Tuesday submitted its final brief appealing the commission's decision. Given that the ...Read More
Oct. 23 (Bloomberg) -- As futurist Paul Saffo likes to say,you should never mistake a clear view for a short distance. Casein point: the nascent market for e-readers.
Everyone from desperate publishers to techno-lustingconsumers knows what an e-reader should be: a ...Read More
(AP) - Though Amazon.com Inc. calls the Kindle its best-selling product, the online retailer has repeatedly declined to say how many of the e-reader it has sold since introducing it nearly two years ago. One of the most recent signs that ...Read More
Though Amazon.com Inc. calls the Kindle its best-selling product, the online retailer has repeatedly declined to say how many of the e-reader it has sold since introducing it nearly two years ago. One of the most recent signs that consumer interest ...Read More
Francisco on Tuesday, Comcast CEO Brian Roberts denied panel moderator John Battelle's assertion that Internet users are eager to move to cut the pricey cord and move to a more affordable Internet on-demand model."So far, the data does not suggest that ...Read More
Though the companies are still in talks, it looks like General Electric will wind up not only selling off NBCUniversal but getting less than anticipated for it from Comcast. Bernstein Research found that NBC's valuation is about $24 billion, not ...Read More
LOS ANGELES -- The fate of NBC Universal could soon be decided behind closed doors in a Parisian boardroom. At its meeting Wednesday, the board of the French telecommunications and media company Vivendi will likely discuss whether to sell its 20% ...Read More
Comcast this week introduced a new security warning system for users of the Philadelphia-based Internet service provider's broadband services. Called "Constant Guard," Comcast's security program includes antivirus and antispyware tools from McAfee, a team of security professionals that will "proactively ...Read More
Comcast is launching a trial on Thursday of a new automated service that will warn broadband customers of possible virus infections, if the computers are behaving as if they have been compromised by malware.
For instance, a significant overnight spike in ...Read More
The scene could soon be set for General Electric(GE) to strike its rumored deal to sell its NBC Universal assets to cable operator Comcast (CMCSA), sources tell BusinessWeek. French telecommunicatons and entertainment company Vivendi is expected to discuss the sale ...Read More
WASHINGTON (Oct. 6) - AT&T Inc. said late Tuesday that it will begin allowing iPhone owners to use Internet calling services on its wireless network. The phone giant, the exclusive wireless provider for Apple Inc.'s iPhone, has until now allowed Internet ...Read More
