Verizon is boosting the upload speeds of nearly all its FiOS connections to match the download speeds, vastly shortening the time it takes for subscribers to send videos and back up their files online. Starting Monday, all new subscribers will get "symmetrical" connections. The cheapest plan will deliver 25 megabits per second up and down, an increase from 15 megabits down and 5 megabits up.
Google and a number of partner companies may be looking to transform New York City pay phones into Wi-Fi hotspots, according to a report from Bloomberg. New York is accepting proposals from interested parties willing to install, operate and maintain up to 10,000 “Public Communications Structures providing advertising, Wi-Fi, and phone service in all five boroughs.”
With less than one month left until the SEC Network kicks off its college football coverage, ESPN and Comcast announced this morning that a deal had been reached. Striking a deal with the nation’s largest cable operator and ISP is a watershed moment for the SEC Network, but it still needs to sign off on deals with Charter Communications, Time Warner Cable and DirecTV, among others.
RCN is now serving up Showtime Anytime’s TV Everywhere video content for free to its authenticated subscribers. Showtime Anytime is provisioned across PCs, tablets, smartphones, Xbox 360 game consoles and Roku devices across the nation to RCN subscribers of Showtime. Showtime Anytime also includes the live broadcast of both the East and West Coast feeds of Showtime.
Ericsson today posted a second quarter profit of $394 million despite curtailing LTE rollouts by major North American carriers. Revenue for the quarter came in at just over $8 billion, which beat analyst expectations. In a press release, the Swedish equipment maker said sales in the quarter were mainly driven by continued capacity projects in North America and growth in the Middle East, China and India.
Amazon is rolling out a new subscription service that will allow unlimited access to thousands of electronic books and audiobooks for $9.99 a month in the online giant's latest effort to attract more users. The largest U.S. e-commerce site said Friday that the Kindle Unlimited service will give users the ability to read as much as they want from more than 600,000 Kindle titles such as "The Hunger Games."
Google's earnings rose modestly in the second quarter as the Internet company's expensive ambitions devoured most of a surprisingly strong gain in revenue. The report released Thursday also showed that Google's advertising prices are still dropping to extend a nearly three-year slump.
Hewlett-Packard CEO Meg Whitman is assuming the title of chairman after the departure of interim chairman, Ralph Whitworth, who resigned to deal with health issues. HP has split the roles of chairman and CEO since Mark Hurd resigned as CEO in 2010. The company has faced shareholder displeasure over a series of missteps and slumping sales.
Liberty Global announced today that it was buying a 6.4 percent stake in British broadcaster ITV from BSkyB for 481 million pounds, or $824 million. Liberty Global said in its press release that it didn’t intend to make an offer to acquire all of ITV, but reserved the right to do so if circumstances warranted it.
TDS Telecom has launched its 1 Gigabit service in another town in New Hampshire. The recent deployment in New London followed on the heels of TDS’s first 1 Gbps deployment in Hollis, N.H. in May. The 1 Gig service features 400 Mbps on the upstream.
Even though Rupert Murdoch's $76 billion bid for rival media giant Time Warner Inc. has been rejected, that doesn't mean the change sweeping through the TV and film industries will stop any time soon. The cash-and-stock bid by Murdoch's Twenty-First Century Fox Inc. was partly meant to counter consolidation among U.S. TV distributors like Comcast-Time Warner Cable and AT&T-DirecTV.
Microsoft is cutting up to 18,000 jobs, about 14 percent of its staff, over the next year as it works on integrating the Nokia devices business it bought in April and cut down on management layers. CEO Satya Nadella, who took the job in February, delivered the news to staff in a memo that Microsoft released publicly.
Shaw Communications has reached out to the CableWiFi alliance to express its interest in becoming a peer to the consortium in Canada. If Shaw gains entry, it would add its 40,000 hotspots, which are spread throughout Western Canada between Victoria and Sault Ste. Marie, to CableWiFi’s more than 250,000 access points that are located across the U.S.
According to a recent report, young consumers are more readily embracing the Internet of Things through smart home devices. Parks Associates’ Internet of Things (IoT) research found that young consumers, those with children, and those in a home for three to four years were leading the adoption of Internet-connected energy devices.
Dish Network and nTelos today announced the expansion of their fixed mobile broadband service in Virginia. The service is now available in parts of Charlottesville, Waynesboro, Staunton, Harrisonburg and Roanoke. The companies are promising 10 Mbps download speeds with the service, which is available for $30 to customers with existing Dish satellite-TV service.