Author: Roger Cheng
Recent Post:
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DIRECTV Slams Comcast’s ‘Most Live Sports’ Claim For Peacock. But is it Justified?
When Comcast CEO Brian Roberts said on a Thursday earnings conference call that Peacock had the “most live sports of any streaming service,” it was a reiteration of a claim made on the company’s site, and one that analysts moved on without much fanfare. But DIRECTV is taking issue with that claim. “That unsubstantiated hubris…
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The Recap: Huge Cable TV Losses, Prime Video’s Ad-Free Tier Gets Priced, and More
It was another busy week of earnings, which meant a load of revelations from the various companies. It was a bloodbath for the cable companies, while the wireless companies once again saw strong growth in 5G home internet. Amazon also finally shared how much you’ll have to pay to get rid of ads in its…
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Comcast is Quietly Upgrading Internet Upload Speeds For Some Customers
Some Comcast customers are getting a speed boost as the cable giant continues to big network upgrade project. The company confirmed that customers on Gigabit Extra and Gig x2 plans will see their upload speeds double to 200 Mbps from 100 Mbps. Some homes have already gotten the upgrades, but they’re slowing being rolled out…
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Apple Watch Faces Import Ban After US Ruling That It Violated Patents
Apple faces a scenario where it may not be able to bring Apple Watches into the U.S. after the International Trade Commission ruled on Thursday that the company’s wearable infringed on patents owned by medical technology company Masimo. Masimo claims that the Apple Watch violates its patents related to light-based technology for reading blood-oxygen levels,…
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Amazon Will Charge $2.99 a Month For Ad-Free Prime Video Service
Amazon CEO Andy Jassey unveiled how much Prime subscribers will have to pay to eliminate the commercials that are expected to arrive early next year. By default, all Prime customers will see ads starting in 2024. Customers who want to eliminate those ads can pay $2.99 a month. Jassey noted that Prime Video aims to…
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Amazon’s Profit More Than Tripled to $9.9 Billion As Online Sales Rebounded Sharply
Amazon posted a third-quarter profit of nearly $10 billion as it was able to wring more earnings out of its online store business in North America. The online retail giant posted a profit of $9.9 billion, or 94 cents a share, in the period, compared with year-ago earnings of $2.9 billion, or 28 cents a…
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Comcast’s Peacock Gives 2.8 Billion Reasons Why Streaming Prices Are Going Up
Comcast’s Peacock streaming service is on pace to lose $2.8 billion this year, according to Comcast President Mike Cavanaugh. And that’s actually good news. That’s because the cable giant originally expected $3 billion in losses before interest, taxes, depreciation and amortization for the year, Cavanaugh noted on an earnings conference call on Thursday. In the…
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The U.S.’s Low-Cost Internet Program Could Run Out of Money By March if it Doesn’t Get $6 Billion in Funding
The White House is asking Congress to allocate $6 billion in additional funding to keep its program to provide low-cost high-speed internet going through next year, according to Reuters. The Affordable Connectivity Program, which offers eligible consumers access to discounted internet service at $30 a month, is set to run out of money by March.…
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Nearly Three-Quarters of Millennials Subscribe to a Streaming Service Just For Their Kids, Study Says. Do You?
If you’re a parent, you would do anything for your kids. That includes subscribing for a streaming service that you may not even like, for their sake. That’s especially the case for millennials. A study conducted by market research firm Samba TV found that 73% of millennials subscribe to a streaming service for just their…
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T-Mobile CEO Denies its Planning to Buy a Cable TV Company
T-Mobile isn’t looking to buy a cable TV company after all. Speculation that the No. 2 wireless company was working with activist investment firm Jana Partners to acquire cable TV and internet provider Frontier swirled last week. Reuters had reported that Jana had taken a stake in Frontier and was pressuring it to sell. T-Mobile…