Incoming Time Warner Cable Inc. CEO Rob Marcus said Monday that the company's current debt level is "prudent," even as other cable TV companies are reportedly examining adding debt to acquire it. Marcus, the chief operating officer who will replace Glenn Britt as chief executive on Jan. 1, told an investor conference in New York that the company's target of having debt that is 3.25 times its cash flow is appropriate.
Even as Silicon Valley's technology companies speak out against the U.S. government's surveillance methods, they are turning a handsome profit by mining personal data and peering into people's online habits. The industry's profit machine has become tarnished by revelations that the National Security Agency digs deep into the everyday lives of Web surfers.
Eight major technology companies have joined forces to call for tighter controls on government surveillance, issuing an open letter Monday to President Barack Obama (Image: AP Photo/Google, Connie Zhou, File)arguing for reforms in the way the U.S. snoops on people.
This Technology today announced that its advertising solution has been deployed by Comcast Cable. The multi-year agreement covers a range of Comcast IP video platforms, enabling delivery of advertising for live and on-demand video viewing on a number of devices, including IP-enabled set top boxes, gaming consoles, connected TVs, smartphones and tablets.
In the early 1950s, Taylor and his associates had visited a cable system in Bellingham, Wash. In ’53, he helped build the first cable receiver in Montana, housed in a tent, designed to pull in a signal from KXLY in Spokane, Wash. He would go on to co-found Malarkey-Taylor, for nearly a quarter-century one of the most influential consultancies in the business.
The plot has thickened once again in the ongoing story of Time Warner Cable being bought out by another cable operator. Reuters reported that Comcast has turned to JPMorgan Chase & Co. for its expertise in case it decides to throw a bid on Time Warner Cable
Comcast Cable announced this morning that effective immediately, Robert S. Victor was named senior vice president, finance and business operations, for Comcast Business. Victor reports to Bill Stemper, president of Comcast Business, and Stephen Perez will join his team as vice president, financial planning and operations.
Verizon is buying the content delivery company EdgeCast, boosting its video delivery and Internet services capabilities. Verizon said EdgeCast will become part of its digital media services business, increasing its ability to deliver content and site acceleration services to customers including studios, broadcasters and retailers.
For the ninth time, CED honored luminaries in the cable industry with its Pacesetter Awards. This year’s edition was held in October at the Omni Hotel next to the SCTE Cable-Tec Expo in Atlanta. This year's recipients are pacesetting engineers from Time Warner Cable, Columbus Communications, Virgin Media, and Cable One.
Time Warner Cable announced this morning that Christian Lee had been promoted to senior vice president, mergers and acquisitions effective Dec. 31. Separately, Rob Marcus, who will take over the reins of the company on Jan. 1, said in a Bloomberg story that he was “the perfect guy to manage the M&A component out there.”
US Senator Kelly Ayotte has introduced legislation that would ensure that rural states get at least 75 cents for every dollar they contribute to the USF. The money is collected through telephone bills, but Ayotte says New Hampshire gets back only 37 cents for every dollar it sends.
In order to woo and maintain subscribers, Verizon has added 16 new streaming channels to its out-of-home roster, which now gives it a total of 25. Verizon FiOS subscribers that have the free FiOS Mobile App are now be able to live stream the new channels from eligible devices, including the iPad, iPhone, select Android tablets and phones, and Kindle Fire tablets, both in and outside the home.
AT&T is joining T-Mobile in reducing monthly fees for people who pay for their own devices. It's the latest break from a longstanding practice of offering subsidies on devices to lock customers into two-year service agreements.
GPS will tell you how to get to the nearest Apple store. With iBeacon, Apple hopes to guide you around once you're inside. On Friday, Apple Inc. will begin using the technology at its 254 U.S. stores to send you messages tailored to where you are inside, provided you have downloaded the Apple Store app and have given Apple permission to track you.
Phone companies would have an easier time discontinuing traditional land lines in Michigan under legislation approved Thursday that supporters say recognizes technological change but critics contend could leave customers with less reliable service.