Facebook says it’s going to help expand broadband internet in West Virginia. The social media company announced a plan Monday to build a high-capacity fiber optic cable network in the state that telecommunication companies will be able to access. Work on the roughly 275-mile cable route is scheduled to start this year and is expected […]
Comcast Sues State of Tennessee, Claims $17M Tax Overcharge
Comcast is suing the state of Tennessee to recoup $17.1 million paid in taxes, claiming the state miscalculated what the company owed for its video and internet services. Comcast and its affiliates sued state Revenue Commissioner David Gerregano last week in Davidson County Chancery Court. The lawsuit claims Comcast paid $17.1 million extra in franchise […]
Amazon to Buy Wi-Fi Device Maker Eero
Amazon is buying Wi-Fi device maker Eero, helping the online retailer expand its line of smart home gadgets. Eero, founded in San Francisco five years ago, sells $200 devices that can spread Wi-Fi throughout a home. Rival Google already sells similar devices. Seattle-based Amazon did not say how much it is paying for Eero. The […]
CES 2019: People Will Buy More Smart Stuff, Fewer TVs
The CES 2019 gadget show is revving up in Las Vegas. Here are the latest findings and observations from Associated Press reporters on the ground as technology’s biggest trade event gets underway. MORE SMART DEVICES, FEWER TVS What gadgets will Americans buy this year? Lots of “smart” devices for their home, according to projections from […]
Apple Strikes Deal to Produce New ‘Peanuts’ Content
Charlie Brown, Snoopy and the “Peanuts” crew will have a new home on Apple’s streaming service. Apple has struck a deal with DHX Media to produce new “Peanuts” content. The global children’s content and brands company will develop and produce original programs for Apple including new series, specials and shorts based on the beloved characters. […]
NBA League Pass Begins Quarter-by-quarter Pricing Plan
Quarter-by-quarter pricing has launched on NBA League Pass, allowing fans to purchase games at reduced costs after each period. Single games are $6.99, and that price drops to $4.99 after the first quarter, $2.99 after the first half and $1.99 at the end of the third quarter. The pricing options were announced Monday by the […]
CBS Sells Television City for $750M to LA Developer
CBS says it has sold Television City, its Los Angeles headquarters and production facility, to a real estate developer for $750 million. Shows on Television City sound stages include “The Late Late Show with James Corden” and “The Price is Right.” They will continue to be based there for at least five more years. CBS […]
Army Wants Microsoft’s HoloLens Headsets for Battlefield
Virtual- and augmented-reality headsets haven’t had much traction in the consumer market, but they’re finding a place on the battlefield. The U.S. Army said Thursday that it has awarded Microsoft a $480 million contract to supply its HoloLens headsets to soldiers. The head-mounted displays use augmented reality, which means viewers can see virtual imagery superimposed […]
Telecom Italia Ousts CEO in Long-running Boardroom Battle
A long-running board room battle in Italy’s legacy telecoms provider, Telecom Italia, has culminated with the ouster of CEO Amos Genish, effective immediately. Telecom Italia said in a statement Tuesday that the board will meet Sunday to name a new CEO. It gave no further explanation for the move. Shares in the company sank 1.5 […]
EU Approves Disney’s Deal to Buy Fox Entertainment Assets
European Union authorities say they have cleared Disney’s acquisition of Fox’s entertainment assets, provided Disney sells off some TV channels it controls in Europe to maintain competition. The EU’s executive Commission said Tuesday it gave its approval to the deal. Disney’s $71.3 billion deal to buy the 21st Century Fox assets, which include Marvel’s X-Men […]