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.
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.
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.
Comcast is apologizing after a tech-savvy California customer posted eight minutes of telephone conversation online in which he tried repeatedly to get a customer service representative to disconnect his service. The customer, Ryan Block, succeeds in getting the unidentified Comcast rep to agree to disconnect his service, but only after the rep repeatedly asks Block for a reason.
Though rejected, a surprise bid by Rupert Murdoch's Fox for entertainment rival Time Warner underscores that large media companies are in the mood for major consolidation. Time Warner Inc., which owns the Warner Bros. movie studio and TV channels such as TNT, TBS and HBO, said Wednesday that it rejected the deal and had no interest in further discussions.
Apple is teaming up with former nemesis IBM in an attempt to sell more iPhones and iPads to corporate customers and government agencies. The partnership announced Tuesday calls for the two technology companies to work together on about 100 different mobile applications designed for a wide range of industries.
After a seven-month long standoff, Buckeye CableSystem viewers can now watch NBC again after a new agreement was reached with Sinclair Broadcast Group. According to The Toledo Blade, which, like Buckeye, is owned by Block Communications, the new two-year agreement was reached yesterday.
In order to help cable operators unlock “big data” in their broadband networks, Incognito Software has updated its Bandwidth Activity Reporter. The latest version of the platform extracts and analyzes data from multiple network, billing, and customer relationship management sources to provide network intelligence, usage reports, and service metrics.
Hewlett-Packard's Interim Chairman Ralph Whitworth has resigned from the company's board to concentrate on personal health issues. Whitworth's resignation is effective on Wednesday. Personal computer maker HP said that its board will discuss appointing a new chairman at its next meeting.
Cogeco Cable has abandoned an IPTV project after failing to meet performance expectations, resulting in a Q3 writedown. Instead, the Canadian operator will roll out a TiVo-based service to subscribers in Quebec and Ontario within the next year, similar to that offered by subsidiary Atlantic Broadband.
Choice Hotels International has picked Comcast Business as a qualified vendor for its triple play service offerings. Choice Hotels has more than 5,000 franchises located across the nation including brands such as Comfort Inn, Comfort Suites, Quality Inn, Sleep Inn, Clarion, Cambria Hotels & Suites, MainStay Suites, Suburban Extended Stay Hotel, Econo Lodge, Rodeway Inn and Ascend Hotels.
Block Communications is buying MetroCast, which it will operate as a subsidiary. The combination of MetroCast and Buckeye Cablesystem would give Block control of roughly 176,000 subscribers. Metrocast is in the midst of an upgrade to all-digital.
Federal Communications Commission Chairman Tom Wheeler announced the members of the panel that will review two proposed mega-mergers: Comcast / Time Warner Cable / Charter, and AT&T / DirecTV. Those who watch such things infer from the choice of panelists that the FCC is not going to simply rubber-stamp either deal.
Buckeye Telesystem does business in the Northwest Ohio/Southeast Michigan area, but will expand its reach into the Mid-Atlantic region with its parent company’s acquisition of Line Systems, a full-service, integrated business communications provider.
Time Warner Cable’s NaviSite has launched its Enterprise Mobility Management (EMM) platform to help businesses securely manage employees’ devices in the workplace. NaviSite said EMM was designed to enable enhanced data security while simplifying the management of devices and resources across an organization.
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China. The result highlights how dependent the company has become on smartphones for its earnings. Sales growth in high-end Android devices has waned after several years of rapid expansion.
Following a major upgrade in its network in McDowell County, West Virginia, Shentel said it is supporting a program that is distributing laptops to local students with discounted broadband access. The company is providing an Internet package for $10 per month to 3,400 qualifying students in the county.
Hilda Viveiros Donofrio, chairwoman of Full Channel, died early Saturday at the age of 87. Donofrio and her husband John Donofrio, Jr., incorporated Full Channel in 1965. Full Channel has remained the only independent broadband provider in Rhode Island.
Comcast chairman and CEO Brian Roberts landed himself on Vanity Fair's list of best-dressed billionaires, cited for his use of color "inside a pretty limited set of sartorial lines." Separately, Comcast has agreed to extend Roberts' employment contract by another year.
CommScope increased its already large portfolio of telecommunications products and services by completing a deal with United Kingdom-based Alifabs Group. Without disclosing any of the financial details other than it paid cash, CommScope bought the Alifabs cabinets and ancillaries unit in Yorkshire, England and the Alifabs design and construction business in Guildford, England.
Test and measurement vendor VeEX announced this morning that it had completed a deal to buy Optixsoft and Agizer, which are respectively based in Belarus and Lithuania. Optixsoft is a software company that focuses on system and mobile software for OTDR analysis and cloud-based solutions for the management of fiber optic testing activities. Agizer is a developer and manufacturer of fiber optic test and measurement solutions.
The cloud-based service provides virtual meeting rooms and managed video services that enable mid-market and large businesses to conference and connect with up to 25 attendees worldwide from nearly any device. Lightpath will design and install videoconferencing systems for their customers.