Dish Network Corp (DISH.O) said the proposed merger of Charter Communications and Time Warner Cable was not in the public interest, in a reply filed with the Federal Communications Commission. “The proposed merger is harmful for consumers, competition and inno... More »
Network equipment maker Cisco Systems Inc’s (CSCO.O) forecast adjusted profit and revenue growth for the second quarter below analysts’ estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States. Shares of Ci... More »
STOCKHOLMMobile equipment maker Ericsson and U.S. networking company Cisco Systems Inc said on Monday they had agreed a business and technology partnership that should generate additional revenues of $1 billion for each company by 2018. Ericsson, whose like-fo... More »
NEW YORKThe number of videos viewed each day on Snapchat has tripled since May to 6 billion as the messaging app closes the gap with social media giant Facebook Inc, according to a report in the Financial Times that cites people close to the company. The Finan... More »
NEW YORKVerizon Communications Inc is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest U.S. wireless carrier seeks to focus on its core business. The sale would ... More »
Wireless carrier Sprint Corp S.N. said on Sunday it aims to slash fiscal 2016 expenses by as much as $2.5 billion, through layoffs and a wide array of cost controls, as an essential part of its ongoing turnaround efforts. “We are leaving no stone unturned and ... More »
LONDON Vodafone UK (VOD.L) said on Saturday hackers had accessed the accounts of 1,827 of its customers this week, the second cyber attack on a British telecoms company this month. The attackers had potentially gained access to the victims’ bank sort codes and... More »
The New York attorney general is probing whether three major Internet providers could be short-changing consumers by charging them for faster broadband speeds and failing to deliver the speeds being advertised, according to documents seen by Reuters. The lette... More »
LONDON British broadband provider TalkTalk said on Sunday it had hired defense company BAE Systems to investigate a cyber attack that may have led to the theft of personal data from its more than 4 million customers. TalkTalk said on Friday it had received a r... More »
LONDON British broadband provider TalkTalk said on Saturday it did not believe the authors of a cyber attack against it this week would be able to steal money from its customers. The firm said on Friday it had received a ransom demand from an unidentified part... More »
LONDON British business leaders on Saturday urged police to make cyber crime an urgent priority following an attack on broadband provider TalkTalk, saying firms face continual security breaches. TalkTalk said the private data of its more than 4 million custome... More »
TOKYO Toshiba Corp is set to sell its image sensor business to Sony Corp for around 20 billion yen ($164.68 million) as part of a restructuring plan laid out earlier this year, sources with knowledge of the deal said on Saturday. Toshiba, whose businesses rang... More »
AT&T Inc (T.N), the No. 2 U.S. wireless carrier and the world’s largest pay-TV operator, raised its 2015 earnings forecast as quarterly earnings beat expectations on cost cuts and gains in wireless and DirecTV subscribers. AT&T shares rose 1.7 percent in after... More »
PARIS Vivendi raised its stakes in French video games makers Ubisoft and Gameloft and indicated that it may buy additional shares later and seek board seats. Vivendi sold off its video games business Activision Blizzard in 2013 in the opening salvo of an asset... More »
Yahoo Inc’s (YHOO.O) chief development officer, Jacqueline Reses, is leaving the company to join mobile payments company Square Inc, Bloomberg reported, citing people familiar with the matter. Reses’ role changed earlier this year when she shifted her focus to... More »
Cablevision Systems Inc and Viacom Inc have settled an antitrust lawsuit in which Cablevision had accused Viacom of forcing distributors and subscribers to buy channels they did not want. Cablevision and Viacom are simultaneously entering into “mutually benefi... More »
MILAN Telecom Italia said on Friday it would resume talks with the main shareholders of fiber optic company Metroweb over plans to build a broadband network in Italy. At stake in the negotiations is who will call the shots to implement the government’s 12-bill... More »
MEXICO CITY Mexican telecoms regulator IFT said on Sunday that it will force Telmex to offer competitors better terms as it seeks to open up its local network, part of an effort to increase competition in a sector dominated by billionaire Carlos Slim. The move... More »
President Barack Obama’s administration has backed away from seeking legislation that would give U.S. law enforcement agencies access to individuals’ encrypted messages, the White House said on Saturday. “We are actively engaged with private companies to ensur... More »
TOKYO, Oct 5 – Japan’s services sector expanded in September at a much slower pace compared with the previous month as new business slackened in a sign that domestic demand ended the third quarter on a soft note. The Markit/Nikkei Japan Services Purchasing Man... More »
Experian Plc (EXPN.L), the world’s biggest consumer credit monitoring firm, on Thursday disclosed a massive data breach that exposed sensitive personal data of some 15 million people who applied for service with T-Mobile US Inc (TMUS.N). Connecticut’s attorney... More »
Dish Network Corp’s affiliates on Thursday surrendered 197 spectrum licenses to the U.S. government after they were held ineligible for $3.3 billion in small-business discounts earlier this year, according to a senior U.S Federal Communications Commission offi... More »
LONDON Talks between Vodafone and Liberty Global about exchanging assets to better compete in Europe’s converging mobile, broadband and TV markets collapsed on Monday because they could not agree on the value of their businesses. Vodafone, the world’s second-b... More »
SHANGHAI/BEIJING China’s most popular ride-hailing app Didi Kuaidi said on Monday it has invested in Indian peer Ola, forging a new alliance within a network of companies challenging U.S. rival Uber Technologies Inc [UBER.UL]. Didi joins existing investors inc... More »
BOSTON Apple Inc APPL.O said on Sunday it is cleaning up its iOS App Store to remove malicious iPhone and iPad programs identified in the first large-scale attack on the popular mobile software outlet. The company disclosed the effort after several cyber secur... More »
BOSTON Apple Inc APPL.O said on Sunday it is cleaning up its iOS App Store to remove malicious iPhone and iPad programs identified in the first large-scale attack on the popular mobile software outlet. The company disclosed the effort after several cyber secur... More »
Apple Inc is stepping up aid to the thousands of migrants that are streaming into Europe from war-torn countries, Chief Executive Officer Tim Cook told employees in an internal message on Friday. Cook wrote in a message on the company’s intranet site that the ... More »
The Walt Disney Co on Tuesday named two executives to newly created positions in its Disney/ABC Television Group to focus on digital media and consumer experience at a time when TV viewing habits are rapidly changing. Cindy Davis, most recently head of global ... More »
BRUSSELS Hutchison Whampoa Ltd (0001.HK) on Friday sought EU approval for its 10.25-billion-pound ($15.82 billion) bid for Telefonica’s (TEF.MC) British mobile unit O2, the same day regulators unveiled a tougher approach towards mergers in the sector. The Euro... More »
Want to own the new iPhone without burning a hole in your pocket every month? Sprint seems to be the cheapest option in the United States. Sprint Corp’s offer for the 16 GB iPhone 6S with a basic data, calling and text plan costs between $3 and $10.50 less per... More »
LAS VEGAS If Verizon’s new mobile video service go90 succeeds in grabbing the attention of millenials who increasingly watch content on mobile devices, a streaming option for TVs could be next. Verizon Communications Inc, the No. 1 U.S. wireless carrier, launc... More »
The U.S. Federal Communications Commission chief on Wednesday said 21st Century Fox Inc Chief Executive James Murdoch has told him the company planned to participate in the 2016 spectrum auction that hinges on broadcasters selling their airwaves. “I’ve talked ... More »
LONDON Rebekah Brooks, the Rupert Murdoch protegee cleared last year of orchestrating a criminal campaign that damaged the British establishment, will return to her old job running the tycoon’s British newspapers next week in a stunning comeback. Brooks, who w... More »
NEW YORK Microsoft Corp avoided a potentially costly setback to its mobile phone business on Friday as the U.S. International Trade Commission declined to block the import of its devices in a longstanding patent dispute. The decision rejected a ruling in April... More »
WARSAW U.S. media group Scripps Networks Interactive (SNI.N) bought nearly all remaining shares in Polish broadcaster TVN TVN.WA, planning to delist the company from the Warsaw bourse GPW.WA, a brokerage running the deal said on Thursday. SNI, which already ow... More »
WASHINGTON U.S. Federal Communications Commission Chairman Tom Wheeler on Wednesday called for an emergency meeting with Dish Network Corp and Sinclair Broadcast Group Inc over the continuing blackout affecting 129 TV stations. Sinclair, the largest U.S. broad... More »
Apple Inc’s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker’s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in positive territory. Chines... More »
JOHANNESBURG South African mobile phone operator Vodacom is in talks with pay-TV giant Naspers to deliver movies and television programs to mobile devices, it said on Monday, part of a search for new sources of income from fast-growing data consumers. “We are ... More »
HONG KONG Police raided the Hong Kong offices of taxi-hailing service Uber Inc on Tuesday and arrested five drivers for the “illegal use of vehicles for hire”, police said. A Hong Kong police senior inspector, Bruce Hung, said undercover police officers had us... More »
SAN FRANCISCO/MUMBAI, August 12 Facebook is trying to lure skeptical advertisers in India with features such as free email support for questions about advertising and advice on increasing sales in a bid to boost revenue from its second biggest market. Facebook... More »
Norton antivirus software maker Symantec Corp has agreed to sell its data storage unit, Veritas, for $8 billion to a group led by Carlyle Group LP as it seeks cash to turn around its core security software business. The deal, the biggest U.S. leveraged buyout ... More »
NEW YORK A U.S. criminal investigation into allegations that China’s ZTE Corp for sold banned U.S. computer products to Iran has spilled into a civil dispute with a New York-based patent licensing firm, as ZTE has refused to make one of its top executives avai... More »
FRANKFURT/HELSINKI German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), will pay around 2.5 billion euros ($2.75 billion) to buy Nokia’s maps business, a transformational deal that will help them to develop self-driving cars. Daimler BMW a... More »
NEW YORK Dish Network Corp said on Friday that Comcast Corp’s broadcast television network NBC is not airing ads promoting its Sling TV video streaming service in some markets. While NBC, part of Comcast’s NBCUniversal film and TV unit, has banned Sling TV ads... More »
NEW YORK A U.S. judge ruled on Thursday that online television service FilmOn X LLC should be treated like a traditional cable system in order to transmit the programs of the nation’s broadcasters over the Internet. The ruling, coming as consumer TV-watching h... More »
LONDON Britain’s telecoms regulator is seriously considering a break up of dominant provider BT, after rivals accused it of abusing its market position and failing to invest in the broadband networks they rely on. Ofcom floated the idea of a forced separation ... More »
MILAN British mobile phone giant Vodafone has reached an agreement with Mediaset to offer pay-TV content of the Italian broadcaster to its customers in the southern European country, the two companies said in a joint statement on Thursday. The offer, which bun... More »
LONDON The British Broadcasting Corporation will cut more than 1,000 jobs to cover a 150-million-pound gap in license fee income next financial year as millions of viewers turn off their televisions and watch programs on tablets and mobile phones. The BBC, the... More »
TOKYO Sony Corp said it plans to raise up to 440 billion yen ($3.6 billion) by issuing new shares and convertible bonds to invest in its fast-growing image sensors business. Sony said it expects to raise 321 billion yen from a public offering and 119 billion f... More »
BRUSSELS The European Union reached a preliminary deal on Tuesday to scrap mobile roaming charges across the 28-country bloc by June 2017 as part of an overhaul of the continent’s telecoms market to boost growth and innovation. “Under the agreement, roaming su... More »
A Cisco office is pictured in San Diego, California November 12, 2012. REUTERS/Mike Blake Cisco’s corporate venture-capital arm said it would deploy $150 million to start-up companies over the next two to three years, accelerating its investments into areas su... More »
Major technology companies like Google and BlackBerry provide mentoring services to companies within Communitech in Kitchener’s historic Tannery District in Kitchener, Ontario, March 18, 2014. REUTERS/Euan Rocha The troubles at BlackBerry Ltd, which fired more... More »
Major technology companies like Google and BlackBerry provide mentoring services to companies within Communitech in Kitchener’s historic Tannery District in Kitchener, Ontario, March 18, 2014. REUTERS/Euan Rocha The troubles at BlackBerry Ltd, which fired more... More »
