Tag: Comcast

NEW YORK (Reuters) – Comcast Corp may be best known as a cable company, but it is banking on remote-controlled door locks and cameras as well as other “smart-home” offerings to accelerate its growing home security business. The push to diversify comes at a time when more U.S. consumers who are dropping traditional cable television […]

News highlights for 6 April Adidas will make 3D printed shoes HERZOGENAURACH, Germany/NEW YORK (Reuters) – Adidas launched a new sneaker on Friday with a 3D-printed sole that it plans to mass-produce next year, part of a broader push by the German sportswear firm to react faster to changing fashions and create more customized products. […]

NEW YORK (Reuters) – Comcast Corp is planning to rebrand and expand a streaming video option for broadband subscribers who do not want to pay for a traditional cable package, sources told Reuters on Monday. The service, dubbed Xfinity Instant TV, will be priced as low as $15 a month to roughly $40 a month, […]

(Reuters) – Three men were arrested on Monday for engaging in a wide-ranging hacking and spamming scheme that targeted personal information of 60 million people including Comcast customers, U.S. prosecutors announced Tuesday. Timothy Livingston, 30, Tomasz Chmielarz, 32, and Devin McArthur, 27, were named in an indictment filed in federal court in Newark, New Jersey […]
Comcast’s failed bid for Time Warner Cable didn’t just leave egg on the company’s face — it was also horrendously expensive. The cable giant’s latest earnings suggest that it chewed through a total of $336 million in “transaction-related costs” for the would-be merger, $99 million of which was spent in the last quarter alone. Read the full story at […]

(Reuters) – Comcast Corp plans to drop its $45 billion (29.88 billion pound) offer to buy Time Warner Cable Inc in the face of opposition from U.S. regulators, Bloomberg reported on Thursday, citing people with knowledge of the matter. The cable operator could announce its decision on the merger as soon as Friday, Bloomberg said. […]

The industry is awash with rumours that AT&T is thinking about acquiring DirecTV. This move, if true, would provide some serious competition for Comcast, with or without Time Warner on board. The press so far has been slightly fixated – as usual – on how many customers each company has and whether, when Verizon wants […]
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