Comcast issued a statement this morning that the proposed merger with Time Warner Cable has officially been terminated. “Today, we move on,” noted Comcast Chairman and CEO Brian Roberts. “Of course, we would have liked to bring our great products to new cities, but we structured this deal so that if the government didn’t agree, we could walk away.” Reports had circulated in recent days that a merger of the country’s two largest cable operators was ending as Comcast faced intense regulatory scrutiny regarding the $45.2 billion acquisition. Continue reading Comcast Confirms That It Has Dropped $45 Billion Bid for TWC

Publisher Simon & Schuster announced yesterday that it has negotiated a multiyear agreement with Amazon for print and electronic books. According to a letter signed by CEO Carolyn Reidy, the deal “is economically advantageous for both Simon & Schuster and its authors and maintains the author’s share of income generated from e-book sales.” The letter also indicates that the contract gives control of e-book pricing to Simon & Schuster, “with some limited exceptions.” Continue reading Simon & Schuster and Amazon Strike New Deal for E-Books

In an attempt to compete with Amazon, Google is planning to add ratings to its product listing ads in order to make search results more effective. The ratings are to be based on aggregated rating and review data taken from several sources. Google believes merchants that gather these ratings will decide to share the data because it ultimately generates more business. The move should create more relevant search results as more data surrounds the product.

Continue reading Google will Compete with Amazon by Adding Product Ratings

Twitter is augmenting its lineup of advertising options with new mobile-app install ads. These ads, which feature links directly to an app on Apple’s App Store or Google Play, have already been appearing in users’ Twitter feeds for a few months. The company says the beta tests were successful and it officially launched the new ad platform on Monday. Mobile-app install ads may help Twitter generate more revenue, most of which comes from advertising. Continue reading After Beta Success, Twitter Launches Mobile-App Install Ads

Apple has ended its civil class-action lawsuit over the price of e-books with a settlement that is worth an estimated $100-$300 million. Last year, a federal judge ruled that Apple broke antitrust laws by driving up the prices of e-books in cooperation with five major U.S. publishers. If Apple’s appeal of last year’s case is unsuccessful, the tech giant may be paying out millions to e-book customers. The terms of the settlement also cancel a damages trial set for July. Continue reading Apple’s Settlement in E-Book Case Will Likely Pay Consumers

Comcast has introduced a commercial content delivery service targeting large and mid-sized content owners that can offer competitive SLA and pricing, since the company already owns the network. Comcast’s CDN allows content owners to go directly to the ISP to store and deliver content via the “last mile.” While this approach can displace traffic delivered by third-party CDNs such as Akamai and Limelight, it should not be confused with a “fast lane” or “prioritization” of content. Continue reading Comcast Unveils CDN Service for Content Delivery via Last Mile

While FedEx has traditionally charged to ship packages based solely on weight, the company has changed its policy to also price packages according to size. The move is expected to increase the price of over a third of FedEx’s U.S. ground shipments, and dramatically impact e-commerce companies. The next question is whether or not UPS will follow FedEx’s lead and consider a new pricing strategy as well. In the past, UPS and FedEx have kept similar pricing, rather than use pricing as a competitive advantage. Continue reading FedEx Responds to E-Commerce Boom with Increased Pricing

Top smartphone maker Samsung Electronics lost global market share for the first time in four years, falling to 31.2 percent of the market. Samsung’s profit margin on smartphones remained at the same 19.8 percent from last year, but the rising costs of smartphone component parts will make it difficult to maintain the same profits. Meanwhile, Apple’s market shares are also slipping, as affordable alternatives from Lenovo and Huawei are on the rise in the smartphone market. Continue reading Samsung Works to Stay Atop Competitive Smartphone Market

At the FCC’s “Protecting and Promoting the Open Internet” proceeding on Friday, AT&T said it will lower its Internet prices if the FCC allows Internet service providers to charge websites such as Netflix for faster delivery of content. In the wake of a court decision vacating the FCC’s net neutrality rules against charging for preferential treatment, the Commission opened a proceeding with hopes of writing new rules that achieve similar goals. AT&T is asking for rules that explicitly allow ISPs to charge for special access.

Continue reading AT&T Will Lower Internet Prices if FCC Ends Net Neutrality

Samsung announced details regarding its 2014 lineup of Ultra HDTVs and a new 4K video collection. The entry level U8550 flat panel line, starting at $2,500 for the 50-inch model, will launch this month with a 55-inch set and four other sizes in May. The curved U8700 series is expected by late spring in 55-inch and 65-inch screen sizes. And the flagship line, the U9000 curved sets with proprietary Auto Depth Enhancer, will be available in 55-, 65- and 75-inch models, priced at $4,000, $5,000, and $8,000 respectively. Continue reading Samsung Unveils Pricing, Availability of Upcoming Ultra HDTVs

Following a 3 percent drop in market value, Verizon has hinted at plans to get competitive in pricing, which customers will likely appreciate, but investors might not. The telco lost about $4 billion of its value, and some say it’s directly related to the competition among telcos to be the most aggressively priced. T-Mobile has been most notably aggressive in its pricing strategies, attracting new customers and possibly forcing Verizon to lower its fees as well. Continue reading Verizon Will Likely Respond to T-Mobile’s Aggressive Prices

Underscoring Detroit’s determination to be a player in the connected consumer space, General Motors announced that OnStar 4G LTE will be factory-enabled in the majority of its 2015 Chevrolet models including the Corvette and Impala, hitting the market this summer. The move sees GM expanding its relationship with OnStar connectivity partner AT&T and simultaneously mounting a developer outreach program to fuel the Chevrolet AppShop. Continue reading Connected Cars: Chevrolet Drives OnStar 4G LTE with AT&T

Ultra high-definition TV prices are plummeting as more models enter the market, and many of those models will be revealed at CES in Las Vegas this week. When Ultra HDTVs first entered the market, prices ranged from $9,000 to $25,000, yielding little interest from most consumers. Now, many of them have seen prices slashed to just a couple thousand dollars, and those price reductions — combined with more options in the market — are drawing the attention of potential buyers. Continue reading Ultra HDTV Sees Jump in Model Options and Drop in Prices

According to a new Broadband Media Intelligence report by IHS, 86.1 million U.S. households had broadband Internet access at the middle of 2013. That figure represents a 70.2 percent penetration of American households. IHS estimates a 71.3 percent penetration by the end of the year, up from 69.6 percent the previous year. IHS also forecasts coverage will reach 74.1 percent by 2017 (about 94.7 million homes). Cable is currently the leading mode of access. Continue reading IHS Says More Than 70 Percent of U.S. Homes Have Broadband

The FCC’s new chairman, Tom Wheeler, spoke on Monday about usage-based pricing for Internet bandwidth, which has been strongly debated among public interest groups. Wheeler expressed his support for remaining steady with current Net neutrality rules. During a Q&A session at Ohio State University, he also suggested the marketplace should be allowed to “evolve” before coming to an ultimatum about whether providers should charge consumers based on bandwidth usage. Continue reading FCC Chair: “When Competition is High, Regulation Can Be Low”