Departing Time Warner Cable Inc. executives are in line to receive "golden parachute" compensation totaling around $135 million as part of Comcast Corp.'s $45 billion acquisition of the cable operator. Shareholders are being asked to vote on the packages in a non-binding advisory vote. The details were contained in a securities filing Comcast made Thursday.
BlackBerry is selling most of its real estate holdings in Canada as the struggling smartphone company continues to look for ways to improve its business. BlackBerry Ltd. did not disclose the buyer or purchase price, but said Friday that it will sell more than 3 million square feet of space and vacant lands.
The prototype headset is capable of surrounding a wearer's vision with interactive virtual worlds. Codenamed Project Morpheus, it utilizes a 1080p head-mounted display with head-tracking capabilities and works in concert with the PlayStation 4 console to display imagery on the headset's screen, providing a 90-degree field of view.
Unified Video Technologies said it will introduce a new front-end interface for its video-on-demand portal service. While there are multiple white-label portal services, United Video claims its uVOD is differentiated in that it now also enables consumers to search and stream linear TV programming, in addition to over-the-top content.
Atlantic Broadband is quietly increasing Internet transmission rates and expanding the number of service tiers for business customers. ABB has more than doubled its fastest tier, from 50 Mbps to 110 Mbps. The new set of tiers also includes options for service at 15-, 30-, and 75 Mbps.
Starting tomorrow, AT&T will have its home automation and security platform, which is called Digital Life, live in four more markets. The new markets will include Greensboro, N.C., Bakersfield, Calif., Columbia, S.C., Fresno, Calif., and Knoxville, Tenn.
NetCracker Technology announced that Lightower Fiber Networks will upgrade to NetCracker 9.0 in order to improve its network resource visualization efforts. Lightower Networks, which merged with Sidera Networks early last year, will use NetCracker’s resource inventory solution to manage its 20,000 mile, all-fiber network, which serves more than 7,500 locations.
Every year, the NCAA college basketball tournament gives employees a reason to goof off at their desks and root for their alma maters. But there's a growing source of potential headaches for bosses. Media companies like hosts CBS Corp. and Time Warner Inc.'s Turner are doing all they can to promote so-called TV Everywhere services.
Canadian cable operator Videotron has hired Pierre Bonin to the position of vice president, information technology. Videotron said Bonin was now in charge of a 500-person IT team dedicated to developing, implementing and providing support for information technologies.
Liberty Global is using technology from Axiros to remotely provision and manage its customer premise equipment (CPE) across its new B2B VoIP service. The MSO has signed a 3-year contract to rely exclusively on Axiros’ TR-069 device management system.
TP Vision said it will integrate Elliptic Technologies’ tVault, which is based on DTCP-IP, which protects audiovisual content, when transmitted between digital entertainment products, against unauthorized copying, interception and tampering, while ensuring that content can be viewed and copied on home networked devices.
Comcast has beefed up its TV Everywhere roster with the addition of 18 live streaming networks on its Xfinity TV Go app. With the latest additions, Comcast now offers 53 live channels that can be viewed on the go via a Wi-Fi connection.
Comcast announced this morning that it had promoted Karen Dougherty Buchholz to senior vice president of administration and Rebecca Arbogast to senior vice president of global public policy. They both report to David Cohen, executive vice president, Comcast.
After focusing for years on becoming wireless services, Europe's telecom companies are having a renewed love affair with cables. In what some industry observers are calling a "Back-to-the-Future" moment, the need for faster and wider pipes to deliver video and other data-intense applications is driving a raft of tie-ups between mobile and cable operators that is only expected to accelerate.
Harris is splitting Imagine Communications and GatesAir, standalone companies under the guidance of CEO Charlie Vogt. Imagine will develop technology that helps broadcasters join cable, telco and wireless operators serving the needs of connected consumers via IP, the cloud and TV Everywhere. Both are expected to drive broadcasters into the 21st century by developing technologies that address a new breed of television viewers.