WASHINGTON (Reuters) – Comcast Corp’s Executive Vice President David Cohen will testify at a hearing in the U.S. Senate on April 9 about his company’s plans to buy Time Warner Cable Inc, a Comcast spokeswoman said on Thursday.
The Senate Judiciary Committee will hold the first congressional hearing on the proposed $45.2 billion merger between Comcast, the No. 1 U.S. cable operator, and its biggest rival, No. 2 cable services provider Time Warner Cable.
WASHINGTON/SAN FRANCISCO (Reuters) – Snapchat is known for an app that enables users to send photo messages that can vanish within seconds of being viewed. On Wednesday, company officials didn’t even appear at a Capitol Hill hearing on data security they’d been invited to – and a top senator wasn’t happy.
Senate Commerce Committee Chairman Jay Rockefeller said Snapchat had declined his invitation to testify and insinuated that the Los Angeles-based company, which has disclosed massive data breaches within the past year, was concealing something.
WASHINGTON/SAN FRANCISCO (Reuters) – Executives of several large U.S. Internet companies, including Google Inc and Facebook Inc, were to meet with President Barack Obama on Friday to discuss changes to government surveillance programs.
White House spokesman Jay Carney said Obama will meet with six tech executives to “continue his dialogue with them on the issues of privacy, technology and intelligence following his January 17 speech.” The meeting is scheduled to start in the Oval Office at 4:05 p.m. EDT (2005 GMT).
WASHINGTON/NEW YORK (Reuters) – Comcast Corp’s (CMCSA.O: Quote, Profile, Research) top lobbyist David Cohen is known to be a savvy political operator, having pushed through the No. 1 U.S. cable operator’s landmark acquisition of media giant NBC Universal in 2011.
But when it comes to getting approval for Comcast to buy its biggest rival, Time Warner Cable Inc (TWC.N: Quote, Profile, Research), Cohen must win over someone just as well versed in the ways of lobbyists and the cable industry: Federal Communications Commission Chairman Tom Wheeler.
WASHINGTON/NEW YORK (Reuters) – Comcast Corp’s top lobbyist David Cohen is known to be a savvy political operator, having pushed through the No. 1 U.S. cable operator’s landmark acquisition of media giant NBC Universal in 2011.
But when it comes to getting approval for Comcast to buy its biggest rival, Time Warner Cable Inc, Cohen must win over someone just as well versed in the ways of lobbyists and the cable industry: Federal Communications Commission Chairman Tom Wheeler.
WASHINGTON (Reuters) – The chief executive of Japan’s SoftBank Corp on Tuesday called the U.S. wireless market an oligopoly plagued by slow speeds and high prices and said his company’s Sprint Corp could shake up the competition, but it would require a scale that Sprint cannot reach alone.
Masayoshi Son, the billionaire chief of SoftBank, in his first public speech to a U.S. audience since his company gained control of Sprint last year, lambasted the U.S. wireless market as offering “pseudo-competition.”
March 4 (Reuters) – Comcast Corp on Tuesday said
its discounted Internet service for low-income families will be
available indefinitely, a move that should please U.S.
regulators as the company seeks approval for its $45.2 billion
takeover of Time Warner Cable.
Internet Essentials is Comcast’s broadband Internet program
for some low-income families with children. It costs $9.95 a
month and offers a discount with other perks.
WASHINGTON (Reuters) – Comcast Corp said it plans to submit documents on its proposed $45 billion takeover of Time Warner Cable Inc to U.S. federal regulators by the end of March, when antitrust and public interest reviews will be launched.
The merger between the two U.S. biggest cable operators is expected to draw intense regulatory scrutiny from the Federal Communications Commission, which reviews whether deals are in the public interest, and either the Department of Justice or the Federal Trade Commission, which share antitrust oversight.
WASHINGTON (Reuters) – Federal regulators will once again seek to set rules that make sure U.S. broadband providers do not block or slow down access to any lawful content on the Internet.
The Federal Communications Commission said on Wednesday it will not appeal a U.S. court decision that last month rejected a previous version of these so-called net neutrality rules largely because of the way the FCC had classified broadband providers.
WASHINGTON (Reuters) – The U.S. government is expected on Wednesday to release the final version of voluntary standards meant to help U.S. companies in nationally critical industries better protect themselves against cyber attacks.
Criticized in earlier drafts for being too vague and toothless, the so-called cybersecurity framework attempts to turn a vast amount of industry input into guidelines designed for 16 different sectors whose disruption could be devastating to the country.