Post Tagged with: "Verizon"

Verizon Gets Second-Quarter Boost from Tablets
/ July 23, 2014 10:51 am
Verizon Gets Second-Quarter Boost from Tablets

Re/code reports “Verizon narrowly beat Wall Street profit and revenue estimates as it added more customers in the second quarter (due to a surge in new tablet customers) and benefitted from an industry shift away from subsidized smartphone purchases.”. Read More

Netflix Inks Deal with Verizon to Ensure Quality Streaming
/ April 28, 2014 4:38 pm
Netflix Inks Deal with Verizon to Ensure Quality Streaming

USA Today reports that streaming video service Netflix has reached a deal with Verizon to improve the speed and quality of its streaming content to subscribers, the second such deal that Netflix has made with an ISP in the past two months. The first, with Comcast, was announced two months ago. Read More

Verizon Picks Palo Alto as Primary Site for Data Analytics R&D Center
/ March 26, 2014 4:05 pm
Verizon Picks Palo Alto as Primary Site for Data Analytics R&D Center

Telecom giant Verizon said on Wednesday it has selected Palo Alto as the site of its new data analytics research and development center, where the company will conduct data analytics, artificial intelligence and machine-learning activities. The company sited the large base of big data and analytics talent in Silicon Valley. Read More

Tumblr Closes Massive TV Ad Deal with Viacom, Ahead of MTV Movie Awards
/ March 21, 2014 4:08 pm
Tumblr Closes Massive TV Ad Deal with Viacom, Ahead of MTV Movie Awards

VentureBeat reports that Tumblr and Viacom have entered in a partnership to deliver co-branded ad promotions for advertisers for major properties like VH1, MTV, Nickelodeon, Comedy Central, and CMT. This deal follows Twitter’s efforts to enter the television business and indicates a significant shift for Tumblr as a possible second-screen competitor. Read More

Appeals Court Strikes Down Key Provision of “Net Neutrality”
/ January 14, 2014 2:46 pm
Appeals Court Strikes Down Key Provision of “Net Neutrality”

In what could be a major blow to the concept of net neutrality, a federal appeals court on Tuesday overturned a Federal Communications Commission (FCC) rule essentially aimed at keeping Internet service providers from being able to charge content companies to speed the rate of their downloads. The court ruled the FCC doesn't have the authority to prevent the practice of "discrimination" because it hasn't classified broadband Internet as a "common-carrier" service, like traditional phone service. . Read More

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Verizon to Acquire EdgeCast for More Than $350 Million
/ December 9, 2013 2:51 pm
Verizon to Acquire EdgeCast for More Than $350 Million

TechCrunch reports that Verizon plans to venture into the content delivery business with the acquisition of EdgeCast Networks. EdgeCast is a content delivery network based in Los Angeles, which provides CDN services similar to Twitter, Pinterest and Hulu. The deal is expected to be valued at more than $350 million. Read More

Verizon Reaches Agreement to Acquire Vodafone’s 45 Percent Interest in Verizon Wireless for $130 Billion
/ September 3, 2013 1:27 pm
Verizon Reaches Agreement to Acquire Vodafone’s 45 Percent Interest in Verizon Wireless for $130 Billion

Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced that it has entered into a definitive agreement with Vodafone Group Plc (London, Nasdaq: VOD) to acquire Vodafone’s U.S. group with the principal asset of 45 percent of Verizon Wireless for $130 billion, consisting primarily of cash and stock. Verizon expects the transaction at close to be immediately accretive to the company’s EPS (earnings per share) by approximately 10 percent, without any one-time adjustments. . Read More

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