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January 9, 2013
18:06 EDTDTV, AMZN, S, SSNLF, CMCSA, EBAY, T, NFLX, DISH, CVC, AAPL, VZ, GOOGFCC Chairman announces push for faster Wi-Fi at airports, convention centers
While speaking at the 2013 International CES, FCC Chairman Julius Genachowski announced that the commission will soon kick-off a government-wide effort to increase speeds and alleviate Wi-Fi congestion at major hubs, such as airports, convention centers and large conference gatherings. This would also increase speed and capacity for Wi-Fi in the home where multiple users and devices are often on the network at the same time. In addition, as part of the effort to implement the world’s first incentive auction, the FCC proposed to ensure that a significant amount of low-band unlicensed spectrum recovered from TV broadcasters will be available on a consistent, nationwide basis for the first time. Reference Link
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September 28, 2015
08:46 EDTAAPLUS District Court denies Apple's motion to appeal Kessler ruling
Network-1 Technologies (NTIP) announced that the United States District Judge Robert Schroeder III of the Eastern District of Texas issued an Order denying a motion made by Apple (AAPL) to certify for appeal the Court's prior ruling denying Apple's motion for summary judgment based on the Kessler Doctrine in a patent infringement suit filed by Mirror Worlds Technologies, Inc., a wholly owned subsidiary of Network-1, against Apple. In December 2014, Apple brought a motion for summary judgment arguing that Mirror Worlds was precluded under the Kessler Doctrine from initiating patent litigation against Apple because of an earlier case brought by the previous owner of the Mirror Worlds patent portfolio against Apple. In July, Judge Schroeder denied Apple's motion and granted Mirror Worlds' cross-motion that the Kessler Doctrine does not apply. Apple filed a motion seeking to allow it to file an interlocutory appeal (prior to a judgment) of Judge's Schroeder's Order to the Federal Circuit Court of Appeals.
08:30 EDTAAPLApple says has sold over 13M new iPhone 6s, 6s Plus models
Apple announced it has sold more than 13 million new iPhone 6s and iPhone 6s Plus models, a new record, just three days after launch. iPhone 6s and iPhone 6s Plus will be available in more than 40 additional countries beginning October 9 including Italy, Mexico, Russia, Spain and Taiwan. The new iPhones will be available in over 130 countries by the end of the year. "Sales for iPhone 6s and iPhone 6s Plus have been phenomenal, blowing past any previous first weekend sales results in Apple's history," said Tim Cook, Apple's CEO. "Customers' feedback is incredible and they are loving 3D Touch and Live Photos, and we can't wait to bring iPhone 6s and iPhone 6s Plus to customers in even more countries on October 9."
08:30 EDTAAPLApple says has sold over 13M new iPhone 6s, 6s Plus models
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07:56 EDTNFLXNetflix appears to have a hit with Narcos, says UBS
UBS analyst Doug Mitchelson said the firm's "Evidence Lab" found that Netflix' Narcos is already among the top four most liked of the company's original shows on Facebook in less than 1 month after premiering, adding that the reception of the show has been particularly strong in Latin America. The apparent hit increases the firm's confidence in Q3 subscriber growth estimates for both the U.S. and international markets, Mitchelson told investors in a research note. The analyst also noted that Netflix ranked sixth in week 1 and 24th in week 2 in terms of iOS app downloads for Japan after launching there. Though the launch is the weakest internationally since 2013, the size of the market should still let it contribute to Q3, wrote Mitchelson who keeps a Buy rating and $143 price target on Netflix shares.
07:40 EDTGOOGGoogle to unveil new phones at September 29 event, BI reports
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07:38 EDTAAPL, EBAYBox to hold a user conference
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07:28 EDTT, SSNLFSamsung to pay customers up to $120 for buying new Galaxy phone, Verge says
Samsung's (SSNLF) new promotion in the U.S. will pay the rest of a customer's monthly payments in 2015 towards a new Galaxy S6, S6 Edge, S6 Edge+, or Galaxy Note 5, the Verge reports. The promotion will result in $120 off the price of any of those phones if users buy one under a new carrier installment plan between now and October 9, the report says. AT&T (T) will sit the promotion out, the report says. Reference Link
07:24 EDTAAPLiPhone 7 may have waterproof, dustproof design, AppleInsider says
Apple's iPhone 7 is well into the prototyping phase, with current test models featuring a waterproof and dustproof design with a non-metal chassis, AppleInsider reports, citing a post from Weibo. Reference Link
07:21 EDTAAPLKnowles upgraded on increased Apple content at FBR Capital
FBR Capital analyst Christopher Rolland upgraded Knowles (KN) to Market Perform from Underperform saying Chipworks identified a fourth mic made by the company in Apple's (AAPL) iPhone 6S, up from three in the previous version of the smartphone. Further, key Knowles competitor has encountered difficulties sourcing qualified MEMS wafers from its third-party manufacturing partner, Rolland tells investors in a research note. He raised his price target for shares to $18 from $17.
07:17 EDTCVCAltice scales back bond sale to finance Cablevision buyout, Financial Times says
Altice (ATCEY) has scaled back a bond offering to finance $17.7B buyout of Cablevision (CVC), reports the Financial Times. According to people familiar with the fundraising discussions, Altice was forced to downsize its planned offering to $5.3B and had to promise investors a higher yield. Reference Link
06:50 EDTVZVerizon's go90 wins $80M from backers, NY Post reports
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06:42 EDTGOOGGoogle to bring free Wi-Fi to 400 train stations in India
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06:27 EDTNFLXNetflix acquires rights to three more TV shows, Variety reports
Netflix has acquired the global streaming rights to CW's "Jane the Virgin," USA's "Colony" and CBS's "Zoo," sources confirm to Variety. Netflix previously announced the acquisition of exclusive global rights to ABC's "How to Get Away with Murder." Reference Link
06:25 EDTGOOGYouTube finalizing subscription launch for two services, Re/code reports
YouTube is finalizing launch plans for its subscription service expected to be launch near the end of October, reports Re/code. In a blast email to content owners, YouTube said they would have to agree to the new terms by October 22 or their "videos will no longer be available for public display or monetization in the United States." According to sources, YouTube intends to bundle two different services that include an update of its music service and the ability to watch anything on YouTube without seeing ads. Reference Link
06:22 EDTAMZNAmazon acquires Safaba Translation Systems, TechFlash reports
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06:08 EDTCMCSAComcast NBCUniversal to acquire 51% stake in Universal Studios Japan
Comcast NBCUniversal (CMCSA) announced that it has agreed to purchase 51% ownership of Universal Studios Japan in a recapitalization transaction, partnering with the current owners including Goldman Sachs (GS), USJ's CEO Glenn Gumpel, Asian private-equity firm MBK Partners, and U.S. hedge fund Owl Creek Asset Management. Comcast NBCUniversal's purchase price for the majority ownership of the theme park destination is Y183B, or $1.5B. "We are excited to expand our global footprint with this wonderful theme park in Osaka and are excited by the opportunities that lie ahead in Japan and all of Asia," said Brian L. Roberts, Chairman and CEO of Comcast. "This investment represents a huge opportunity and commitment to creating value for our shareholders and continuing to grow internationally." Acquiring majority ownership of Universal Studios Japan continues Comcast NBCUniversal's ongoing investment strategy for it's U.S. parks in Orlando and Hollywood.
06:05 EDTAAPLiPhone survey shows trend to higher capacity continues, says Piper Jaffray
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September 27, 2015
20:20 EDTSSprint says will not participate in 600 MHz spectrum auction
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19:39 EDTCMCSA'Hotel Transylvania 2' bites down in record-setting debut
Animated children's film "Hotel Transylvania 2" set a domestic record for September while "Maze Runner" and "Black Mass" dropped in their second weekends at the box office. WEEKEND LEADER: Sony's (SNE) computer animated comedy "Hotel Transylvania 2" grossed $47.5M during its domestic open for the weekend of September 27, beating expectations for $35M-$40M and setting a new record for September box office debuts. Adam Sandler, Selena Gomez, and others returned to provide voice acting for the monster-themed movie, which saw the biggest open yet for Sony Pictures Animation. BOX OFFICE RUNNERS-UP: With Robert DeNiro and Anne Hathaway in leading roles, Time Warner (TWX) subsidiary Warner Bros.' "The Intern" opened at $18.2M against estimates sales of $15M-$20M. Fox's (FOX, FOXA) "Maze Runner: The Scorch Trials" came in third with $14M after grossing $30.3M domestically during last weekend's debut. Meanwhile, Comcast (CMCSA, CMCSK) subsidiary Universal's "Everest" jumped to $13.1M after significantly expanding its screen count, while Warner Bros.' "Black Mass" rounded out this weekend's Top 5 at $11.5M.
16:21 EDTDISHDISH says TEGNA threatens to initiate channel blackout
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