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FCC approves AT&T's bid for Centennial: sources

Reuters US Online Report Technology News yesterday

WASHINGTON (Reuters) - The U.S. Federal Communications Commission approved AT&T Inc's <T.N> $944 million bid to buy Centennial Communications Corp <CYCL.O>, two sources familiar with the decision said on Thursday. The widely expected move comes three weeks after the U.S. Justice Department ...

U.S. regulators mull changes to phone access rules

Reuters US Online Report Technology News yesterday

WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Thursday said it was mulling whether changes are needed to regulations governing access to telephone lines largely controlled by telecom giants. In many areas throughout the United States, only one telecom firm maintains ...

Intel hit by NY antitrust suit, kickbacks alleged

Reuters US Online Report Technology News yesterday

NEW YORK (Reuters) - Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance. The lawsuit accuses Intel of ...

U.S. bill would overhaul annual phone fund

Reuters US Online Report Politics News yesterday

WASHINGTON (Reuters) - U.S. lawmakers said on Friday they introduced a measure aimed at overhauling an annual fund intended to ensure nationwide telephone service in high-cost, rural areas by including money for high-speed Internet use. Earlier this year, U.S. phone companies complained ...

Former HP chief Fiorina running for Senate

Reuters US Online Report Politics News yesterday

LOS ANGELES (Reuters) - Former Hewlett-Packard Co chief Carly Fiorina said on Wednesday she would run as a Republican candidate for the U.S. Senate from California, seeking to unseat liberal Democrat Barbara Boxer next year. In vying for the Republican nomination, Fiorina ...

Former HP chief Fiorina running for Senate

Reuters US Online Report Politics News yesterday

LOS ANGELES (Reuters) - Former Hewlett-Packard Co chief Carly Fiorina said on Wednesday she would run as a Republican candidate for the U.S. Senate from California, seeking to unseat liberal Democrat Barbara Boxer next year. In vying for the Republican nomination, Fiorina ...

EBay settles lawsuit filed by Skype founders

AP News yesterday

EBay settles suit with Skype founders that threatened to hamper sale to investor group EBay Inc. has settled a legal skirmish with the founders of Skype that threatened to complicate eBay's plans to sell most of the Internet phone service to a ...

Time Warner Cable quarterly profit falls

Reuters US Online Report Business News yesterday

NEW YORK (Reuters) - Time Warner Cable Inc <TWC.N> posted a third quarter profit that beat expectations, as growth in sales of voice and Internet services overshadowed a decline in basic video subscribers, the company said on Thursday. The second largest U.S. ...

Cisco beats forecasts, recovery under way

Reuters US Online Report Business News yesterday

NEW YORK (Reuters) - Cisco Systems Inc <CSCO.O> posted a stronger-than-expected profit for its fiscal first quarter and said business was recovering as customers are buying more network equipment again after cutting back for the past year. Chief Executive John Chambers' revenue ...

Activision Blizzard shares rise after 3Q results

AP News yesterday

Activision Blizzard shares climb in premarket trading after strong 3rd-quarter results Shares of Activision Blizzard Inc. rose Friday after the video game publisher posted strong third-quarter results and backed its full-year outlook amid a difficult time for the video game industry. The ...

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