DirecTV, the No. 1 provider of satellite TV services in the U.S., posted a 24 percent jump in profit during the third quarter as it brought more subscribers on board. The company earned $699 million, or $1.28 per share, up from $565 million, or 90 cents per share, in the same period a year earlier.
Vonage Holdings Corp. said Wednesday that its third-quarter net income tumbled 68 pct, as the company didn't attract as many customers to its higher-priced calling plans and lost some existing customers. Vonage, which provides phone services through cloud-connected devices, added 175,000 new subscribers during the quarter, up from 172,000 a year ago.
Charter will begin to field test the ActiveVideo / Zodiac UI in Fort Worth in the next few days. It will roll out with employees and then the general public.If that cloud-based UI works as expected, Charter will do a commercial rollout later in the second quarter of next year.
The "CrackBerry" might not have much of a future: Its new chairman and interim chief executive says he wants to emphasize software and services — not devices. That could mean the company might ultimately get out of the business of selling smartphones.
People listened to Pandora's Internet radio service for a collective 1.47 billion hours in October, up 18 percent from a year ago, in the face of the launch iTunes Radio. About a month after its mid-September launch, Apple CEO Tim Cook said that 20 million people had used iTunes Radio to listen to more than a billion songs.
The company has not yet announced pricing for the service. AT&T did say that the initial maximum speed for the network would be 300 Mbps, and that subscribers to the 300 Mbps tier would automatically get a free boost to 1 Gbps when AT&T accelerates the network to those speeds, sometime in 2014.
Hoping to help defeat the mayor of Seattle who is running for reelection, Comcast is making donations to political action committees supporting his rival. Seattle Mayor Mike McGinn is pursuing a public-private partnership to bring fiber-based broadband to one of his city’s neighborhoods.
Construction on RES Americas' $200 million, 55-turbine wind power project, called Keechi, will begin in December and is expected to be operational by June 2015. Microsoft is buying all 430,000 megawatt hours of energy it produces — or enough to power up to 45,000 homes. That is about 5 percent to 10 percent of the company's total electricity consumption.
The center is one of its most advanced and efficient, with a high-tech cooling system that uses seawater from the Baltic Sea to reduce energy usage and help keep computers running smoothly. In 2015, the plant will be primarily powered by wind energy and there are plans to meet future energy needs with "100% renewable energy."
The NSA's general counsel declined to comment about published details describing the U.S. tapping into fiber optic cables to extract Internet data about customers of Google and Yahoo without the knowledge of the technology companies, but insisted that the program was not an attempt to avoid the supervision of the Federal Intelligence Surveillance Court.
AT&T’s home automation and security service, which is called “Digital Life,” will soon be available in six new markets. Starting Friday, Digital Life, which made its debut earlier this year, will launch in Bridgeport, Conn., Colorado Springs, Colo., Memphis, Mobile, Ala., New Haven, Conn., and Pensacola, Fla.
BlackBerry abandoned its sale process on Monday, and announced it will replace its chief executive. Fairfax, BlackBerry's largest shareholder with a 10 percent stake, said it won't buy the struggling smartphone company and take it private but said it and other investors will inject $1 billion as part of a revised investment proposal.
CED's Stewart Schley talks with SCTE CEO Mark Dzuban about the cable industry's activities in power generation and disaster preparedness. Now that the cable industry has become a critical participant in disaster response, it has taken its mission of disaster preparation to a new level, including working through the SCTE to develop plans, tools, and technologies for energy generation and energy efficiency.
Arris announced Friday afternoon that former Motorola Home executives Rob McLaughlin and John Burke were leaving the company at the end of the month to “pursue other opportunities.” McLaughlin is the leader of Arris’ North America sales and global marketing and communications team while Burke is in charge of the company’s cloud solutions team and its corporate strategy and development team.
Passengers traveling on U.S.-based airline carriers will be able to use most electronic devices throughout their flights. The new rules do not apply to cell phones, whose use will continue to be prohibited on takeoff and landing, though airlines are gradually adding cellular service as a broadband connectivity option.