Sources tell The Information
that HBO's recently announced
streaming service will likely cost consumers at least around $15 per month. More specifically, the report claims the service will match HBO's existing cable price tag of $15, seemingly implying it could easily be more. As the report notes, a 2013 survey of broadband-only customers by the Diffusion Group found that only 6% were "moderately or highly likely" to sign up for a broadband HBO service priced at $15. Depending who you ask, this week's announcements of streaming services by HBO means either content prices are dropping
, or prices for these services ultimately won't be that much different from traditional TV
South Korea's SK Telecom today is showing off 10 Gbps connectivity SK Broadband at the Plenipotentiary Conference of the International Telecommunications Union. According to Akamai’s Q2 2014 The State of the Internet report, South Korea tops the charts by delivering an average Internet connection speed of 24.6Mbps, significantly faster than the fourteenth place 11.4Mbps seen by the US. story continues..
Back in January, a Sprint SEC filing
stated that the company would be launching "workforce reduction plan to reduce costs and better meet the changing dynamics of the marketplace." Those reductions have been ongoing throughout the year, with a recent SEC filing
indicating that Sprint intended to take a $160 million hit in the second quarter due to severance packages. A filing last Friday indicated that the latest round of layoffs include the elimination of 452 jobs at the company's headquarters
-- on the heels of 477 job reductions at HQ earlier this year.
Back in May Cox Communications announced
that the company would be launching faster 1 Gbps services. While the company said the majority of the company's footprint wouldn't even begin to see 1 Gbps until sometime in 2016 (when DOCSIS 3.1 sees broader deployment), Cox will start delivering 1 Gbps speeds to some new housing developments in portions of Phoenix, Las Vegas and Omaha well before that.
As we've covered in the past, Comcast has promised to adhere to the FCC's now-defunct net neutrality rules until 2018 in the hopes of getting their $45 billion acquisition of Time Warner Cable approved by regulators. The problem? As we've noted time and time again -- those rules, largely written by AT&T, Google and Verizon lobbyists -- were intentionally crammed with loopholes permitting everything but the most heavy-handed fiddling with website and service access. story continues..
by Revcb 06:54AM Monday Oct 20 2014
Anonymous sources tell Benzinga
that Lenovo could announce an acquisition bid for Blackberry as soon as this week. According to the anonymous sources, Lenovo is expected to offer around $15 per share, with a deal being completed at around $18 per share. Rumors of a possible acquisition of Blackberry have circulated for several years, occasionally supported by statements of interest from Lenovo execs. Lenovo of course acquired Motorola Mobility from Google back in January of this year
for $3 billion.