Comment period on 'net neutrality' will end Monday even as FCC continues its outreach to inform citizens on the regulations.» Read More
Thanks to Rupert Murdoch's recent overture, Time Warner shares have traded more on drama than fundamentals. That may be about to change.
Aug 5- Rupert Murdoch's Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates.
The FCC currently defines broadband, or high-speed Internet, as 4 Mbps download speed and 1 Mbps upload speed. "As more people adopt faster broadband speeds, we are asking if all consumers, even in the most rural regions, should have greater access to better broadband," FCC Chairman Tom Wheeler said in a statement.
In a "notice of inquiry" released on Tuesday, the FCC suggested that download speeds might need to be 10 Mbps to qualify as broadband and asked whether the minimum upload speed rate should also be higher.
With earnings from Time Warner and Twenty-First Century Fox this week, investors will be listening for what the reports mean for a potential deal.
Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.
Aug 4- Rupert Murdoch's Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company's plans have said it would not use that forum to raise its bid.
NEW YORK, Aug 1- Aereo Inc, the video streaming company that suspended service after the U.S. Supreme Court found it violated copyrights of television broadcasters, urged a federal judge to let it operate like a cable system, saying it likely would not otherwise survive.
NEW YORK, Aug 1- Aereo Inc, the video streaming company that suspended service after the U.S. Supreme Court found it violated copyrights of television broadcasters, has urged a federal judge to let it operate like a cable system, saying it likely would not otherwise survive.
Silicon Valley is "alive and well," but the level of prosperity depends on the tech sector, Oracle Chairman Jeffrey Henley tells CNBC.
July 31- Time Warner Cable Inc, the second-largest U.S. cable operator, lost more video subscribers in the second quarter compared with the previous quarter.
July 31- Discovery Communications Inc, which runs channels such as Animal Planet and Investigation Discovery, reported quarterly revenue slightly above analysts' expectations, helped by a jump in advertising sales in its international networks.
Apple TV will not launch until next year in part because cable companies are "dragging their heels," The Information reports.
Corporate America may have another tax-avoidance trick up its sleeve, what some are calling 'outversions.'
"Sharknado 2: The Second One," the sequel to the swirling cult favorite, takes the SyFy channel by storm Wednesday night.
WASHINGTON/ NEW YORK, July 29- The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.
CenturyLink Inc shares were up 8 percent, AT&T Inc was up 3 percent and Verizon Communication Inc rose 2 percent. "Given the IRS approval, we expect other companies may explore the possibility of spinning off their Wireline assets into a similar structure," Jefferies& Co analysts said.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks rose Tuesday on news about a spinoff in the telecommunications sphere that sent most stocks in the sector soaring and on better-than-expected results from Pfizer and Merck.
Shares in film making company Europacorp, in which he holds a 44 percent stake or some 12.94 million shares, climbed 7.5 percent to 4.15 euros each, valuing his holding at 53.7 million euros, up by 3.75 million from Friday's stock market close.
LOS ANGELES/ NEW YORK, July 27- "Lucy," starring Scarlett Johansson as a woman with a super-powered brain, collected $44 million to win the domestic box office race, outmuscling "Hercules" which took in $29 million for second place.