Personal computer giant Hewlett-Packard Co. has confirmed that it expects layoffs at the upper end of a range that it outlined earlier this year, with 5,000 more workers than originally planned expected to lose jobs by October 2014. The company said in a securities filing Monday that "continued market and business pressures" were behind the move.
BlackBerry refers to the infamous “Z10 Inventory Charge” that cost the company about $1 billion in its second quarter, as a primary motive for the move. BlackBerry attributes poor sell-through for BB10 devices to a maturing smartphone market, “intense” competition and delays in functionality for its BES 10 platform.
Optical local area networking has some clear advantages. It is roughly comparable in price, and can last for 50 years or more. Fiber requires vastly less infrastructure to support, and significantly less maintenance. It is far more difficult to tap, and is impervious to EMP (electro-magnetic pulse) disruption.
Time Warner Cable continued to take care of business, signing a carriage agreement with Viacom, a day after signing a retransmission consent deal with the Tribune Company. Viacom is the owner of channels including Nickelodeon, MTV and Comedy Central.
While Charter Communications and Time Warner Cable have been monopolizing everyone's attention, a small cable operator in northwest Kansas pulled off the purchase of several cable television systems in Colorado and Nebraska. Financial terms of the deal were not disclosed.
Cox Communications has concluded its integration with the other members of CableWiFi by wrapping up a peering arrangement with Bright House Networks. With the integration of Cox and Bright House Networks hotspots, Cox customers may now access free WiFi in Orlando, Tampa, Daytona, Northern Virginia, Connecticut and Indiana.
Tribune Company and Time Warner Cable announced a new multi-year retransmission consent agreement for the Tribune broadcast television stations in New York, Los Angeles, Dallas, San Diego and Indianapolis, as well as the company’s expanded station portfolio.
Gracenote is by far best known for its music metadata, used by a number of streaming music services. The Gracenote database gets 550 million look-ups each day and more than 16 billion every month, the company claimed. Beyond that, Gracenote also has an extensive video metadata database as well.
The mergers had been opposed by many in the cable industry, who fear that ongoing consolidation will only exacerbate the problem of broadcasters building their market power in an effort to extract ever-higher retransmission consent fees.
Streaming video devices such as Roku, Apple TV and Google's Chromecast project video from Netflix, YouTube and other services onto the big-screen TV. Suddenly, the computer seems inadequate. Internet television will never be the same. Internet-connected TVs, TiVo digital video recorders and various game consoles also come with apps for video services.
GCI Communications, which is Alaska’s biggest telecommunications company, said it would have the state’s first Gigabit Internet service live in Anchorage by 2015. Before it reaches 1 Gig, GCI said it would incrementally increase the speeds on its "fiber re:D" tier.
The continued exodus of basic cable subscribers in North America was an anchor on the worldwide cable revenue market while IPTV and satellite providers grew their revenues. According to a recent study by Infonetics research, cable revenue market share fell another percent in first half of this year.
BlackBerry reported a massive $4.4 billion loss in the third quarter and 56 percent drop in revenue in its first results under new chairman and interim chief executive John Chen who hopes to make the company profitable again by 2016. BlackBerry also announced Friday it is entering into a five-year partnership with Foxconn, the Taiwanese company that assembles products in vast factories in China.
Verizon Communications Inc. says it will publish information on the number of requests for customer records it received from law enforcement agencies this year. The announcement Thursday from the largest U.S. cellphone carrier comes as debate over data-gathering by the National Security Agency intensifies in Washington.
The company said it has integrated its Merchandiser content marketing solution with content recommendation platforms from ThinkAnalytics, Digitalsmiths, and other vendors. Service providers can enhance their On-Demand storefronts to offer personalized recommendations alongside targeted pricing, ads, upgrades and discounts.