Comcast is testing a new service that combines television and the Web, the Wall Street Journal reported Monday.
"Technology-driven deflation" via the Internet has compressed margins for all kinds of middlemen, said James Chanos, president and founder of Kynikos Associates. And expect the trend to continue going forward, he warned.
Today FCC Chairman Julius Genachowski unveiled his proposal to regulate the Internet — a proposal the FCC will vote on December 21st.
Gamemakers battle it out, consumers lose interest in 3-D technology and celebrities monetize their brands.
"Harry Potter and the Deathly Hallows: Part 1" remained the No. 1 movie with $50.3 million over Thanksgiving weekend, closely followed by the animated musical "Tangled" with $49.1 million, according to studio estimates Sunday.
It makes sense: if people are dropping the lowest-tier cable service because it's too expensive, give them a cheaper option. That's what Time Warner Cable is experimenting with now: it'll test a less expensive TV package called "TV Essentials" targeting lower income consumers.
NBC is looking to revitalize its prime-time lineup with the appointment of a cable TV executive who transformed the once-maligned Showtime channel into a worthy rival to HBO.
Cable companies need to adapt to the ever-changing needs of its customers or risk losing them for good.
Investors look to giants like Google and Cisco for clues to where the market is headed, but where do the giants themselves look when it comes to discovering the next big thing? In many cases it's small tech startups. ...A report from TheStreet.
Warren Buffett's Berkshire Hathaway was busy in the third quarter. The company's quarterly stock portfolio filing with the SEC shows that during the three months ending September 30, Berkshire added a new stake in Bank of New York Mellon, while eliminating holdings in five companies.
Comcast is bringing "TV Everywhere" mobile. The cable giant just announced a new Xfinity TV app, to allow digital TV subscribers to watch TV and program their DVRs, first on Apple's iPad and iPhone, with versions coming for Android devices later this year.
After being bashed for being too dependent on advertising, now CBS is benefiting from its share of the ad market — advertising is back, up 10 percent in the quarter.
Despite reporting earnings that were just in line with expectations, DirecTV shares have been trading off about 3 percent all day. Why? The satellite TV provider's earnings were in line with expectations, but the stock has gained 15 percent since August, without a pause.
Stocks were mixed following several positive economic reports, and a day after Republicans won many seats in races nationwide and took control of the House. Lawrence Glazer, managing director at Mayflower Advisors, and Bill Smead, CEO and CIO of Smead Capital Management, shared their outlooks.
With Election Day looming the pace of political ad spending continues to accelerate — this is sure to be a record year. Political ad spending is on track to top $3 billion; not only is that far ahead of the $2.4 billion spent during the last mid-term elections, it even exceeds the $2.7 billion spent during the 2008 presidential campaigns.
Stocks shaved off some of their earlier losses as techs staged a late-afternoon rally, but still closed mixed as investors considered news that the Federal Reserve may not provide as much stimulus to the economy as had been anticipated.
Comcast shares are bucking the trend: while the Dow is down by triple digits, Comcast shares are higher on earnings that bested Wall Street expectations. The "triple play" is paying off.
Stocks extended their losses Wednesday as concerns grew after a report suggested that the Federal Reserve's next round of quantitative easing will be less aggressive than expected. Home Depot and HP fell, while BofA and AmEx rose.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.
U.S. stock index futures briefly extended losses Wednesday after durable goods orders rose more than expected in September, but fell when transportation equipment was excluded.