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Entries for the ‘Latest News’ Category

Comcast Facing FCC Penalty Over P2P Practices

By engaging in traffic shaping to slow down heavy users of its Internet service, Comcast may be on the brink of receiving a penalty from the Federal Communications Commission.
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Many Yahoo Games Going Free

You know what they say about work and play, so even as Yahoo gets eyed by Steve Ballmer, interrogated by investors, and generally abused by Carl Icahn, here’s a nice side project: it’s trying to offer a lot of downloadable games for free.
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Overstock.com To Stop Selling Fur

Online retailer Overstock.com said today that it will no longer sell fur on its Web site.
The decision to stop selling fur came after the company was contacted by the Humane Society of the United States, which says around 100 retailers and designers have promised not to use fur in their products.
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Americans Spending More Time Online

Nielsen has released its first comparable U.S. figures showing video and TV usage on all three screens (Television, Internet, Mobile).
In May the average American watched 127 hours of TV and went online for 26 hours, up 9 percent over 2007. Internet and mobile phone users viewed an average of 2 hours of online video during [...]

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NBC Universal Acquires The Weather Channel

NBC Universal along with private equity companies Bain Capital and Blackstone Group have reached a deal to acquire The Weather Channel from Landmark Communications.
Financial details of the purchase were not released but sources close to the matter said the price was $3.5 billion. Landmark Communications was originally seeking $5 billion for the business.
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Big Yahoo Investor Poised To Back Icahn

The survival chances of Yahoo’s board could diminish greatly if powerful investor Gordon Crawford decides Carl Icahn’s proposed slate of directors looks better than the current Yahoo board.
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More Than Half Of Americans Have Broadband Connections

Over half (55%) of all adult Americans now have a high-speed Internet connection at home, according to a new survey by the Pew Internet & American Life Project.
The percentage of Americans with broadband has increased from 47 percent in early 2007 and 42 percent in early 2005. Of those who access the Internet at home, [...]

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