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Google: 'We Don't Charge For Peering Or Fast Lanes'
Friday, May 23, 2014 - 11:37am | 667Google (NASDAQ: GOOG) just made itself both a leader and a “good guy” in the ongoing debate over net neutrality, including fast lanes and the practice of charging for peering. In a blog post Wednesday the company said it did not charge a fee for either one on its Google Fiber networks. In the...
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Will Data Caps Prevent The Next Netflix From Happening?
Tuesday, May 20, 2014 - 3:56pm | 485Comcast (NASDAQ: CMCSA) got into a bit of trouble after its executive VP David Cohen told reporters he expects the company to move to a "usage-based billing model" in the next five years. Cohen (who is also Comcast's Chief Diversity Officer) tried to clarify his comments with a blog post on...
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What's Next With Net Neutrality?
Friday, May 16, 2014 - 12:27pm | 617The Federal Communications Commission voted Thursday to release a Notice of Proposed Rule Making (NPRM) in which the agency proposed new rules regarding net neutrality. Now what? For starters, anyone who wants to can read the 99-page NPRM, which is available here. In it, the FCC and chairman...
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Comcast's Proposed Data Cap Could Impact Cord-Cutters
Thursday, May 15, 2014 - 12:07pm | 587Comcast (NASDAQ: CMCSA) said Wednesday that it could begin capping monthly data for all customers within the next five years. Cord-cutters, consumers who give up cable and satellite subscriptions for less expensive streaming options, use a lot of data. All of this points to a potential problem...
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$50 Billion AT&T DirecTV Merger Reportedly Two Weeks Away
Tuesday, May 13, 2014 - 10:35am | 668As if Federal regulators didn’t have enough to mull over with Comcast's (NASDAQ: CMCSA) proposed acquisition of Time Warner Cable (NYSE: TWC), now comes word that AT&T (NYSE: T) is close to “sealing the deal” on a takeover of DirecTV (NASDAQ: DTV). The AT&T/DirecTV merger would...
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FCC Chairman Set To Revise Proposed Net Neutrality Rules
Monday, May 12, 2014 - 12:30pm | 667Federal Communications Commission Chairman Tom Wheeler had a change of heart, according to The Wall Street Journal. Prodded by complaints directly and in the media, Wheeler was set to release revised proposed rules regarding regulation of broadband Internet that would prevent companies from...
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Web Giants Sign Net Neutrality Letter, But Apple Is MIA
Thursday, May 8, 2014 - 11:38am | 695Google, Facebook, Microsoft, even Amazon (NASDAQ: AMZN), all joined a large number of tech companies and others in sending a letter to the Federal Communications Commission in support of net neutrality. Missing in action from the letter was one big tech company – Apple (NASDAQ: AAPL). The...
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Market Wrap For May 7: Dow Banks Triple-Digit Point Gain While Nasdaq Closes Lower
Wednesday, May 7, 2014 - 4:35pm | 2687U.S. stocks were mixed as Federal Reserve Chair Janet Yellen presented a prepared testimony which did not rattle investors. The Dow posted a triple-digit point gain after falling 43 points. The Nasdaq, on the other hand, declined as many momentum and Internet names were hit hard. Russian...
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Will #AmazonCart Breathe New Life Into Twitter?
Tuesday, May 6, 2014 - 9:44am | 604Amazon (NASDAQ: AMZN) announced Monday a new shopping mechanism that allows users to place Amazon products in their shopping baskets without leaving their Twitter (NYSE: TWTR) accounts. Called #AmazonCart, the service first requires users to connect both their Amazon and Twitter accounts. By...
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AT&T Said To Be Considering Acquisition Of DirecTV
Thursday, May 1, 2014 - 2:23pm | 701AT&T (NYSE: T) was in the process of considering a move to acquire satellite provider DirecTV (NASDAQ: DTV), according to sources who spoke with the Wall Street Journal Thursday. The deal would likely be worth $40 billion, DirecTV’s current market capitalization. The combination of AT&T...
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Is Netflix Turning Your Cable Box Into A VCR?
Tuesday, April 29, 2014 - 10:25am | 439Three U.S. cable providers that use TiVo (NASDAQ: TIVO) set-top boxes will be integrating Netflix (NASDAQ: NFLX) onto their platforms: Atlantic Broadband, Grande Communications, and RCN Telecom Services. “Watching Netflix [will be] as easy as changing the channel" for customers, according to...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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The End Of Net Neutrality, Or A New Attempt At Fairness?
Thursday, April 24, 2014 - 4:35pm | 608In a story first reported by The Wall Street Journal, the Federal Communications Commission was expected on Thursday to propose new rules regarding net neutrality -- a broad concept that all Internet traffic should be treated equally. Depending on who was commenting, the new rules would either...
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AT&T Partners With Chernin Group For Netflix-Style Service
Thursday, April 24, 2014 - 9:00am | 700AT&T (NYSE: T) said it would join forces with the Chernin Group in a $500 million joint venture to create and launch a Netflix (NASDAQ: NFLX)-style video streaming service. According to Gigaom this marked the first potential launch of an OTT TV service by a large U.S. ISP. AT&T is the...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....