WASHINGTON/NEW YORK (Reuters) – Comcast Corp sought to rebut critics of its planned $45.2 billion (27 billion pounds) takeover of Time Warner Cable Inc, arguing that newcomers like Google Inc and Apple Inc would ensure competition in both Internet and video markets.
In a 175-page filing with the Federal Communications Commission that kicks off the FCC’s review of the deal, Comcast argues that combined with Time Warner Cable, it will compete with an “array of sophisticated companies with national or even global footprints” such as Google, Netflix Inc or Verizon that have gained ground against Comcast.
WASHINGTON/NEW YORK, April 8 (Reuters) – Comcast Corp’s
merger with Time Warner Cable Inc would not
deprive consumers of TV or broadband choices and would help the
two companies compete against newcomers including Google Inc
and Apple Inc in the video market, Comcast
told U.S. regulators on Tuesday.
Comcast’s 175-page filing with the Federal Communications
Commission formally launches the regulatory review of the
proposed $45.2 billion merger between the No. 1 and No. 2 cable
operators. The U.S. Department of Justice will conduct the
antitrust review and the FCC will examine whether the deal is in
the public interest.
WASHINGTON, April 3 (Reuters) – President Barack Obama’s
plan for overhauling the National Security Agency’s phone
surveillance program could force carriers to collect and store
customer data that they are not now legally obliged to keep,
according to U.S. officials.
One complication arises from the popularity of flat-rate or
unlimited calling plans, which are used by the vast majority of
WASHINGTON, April 2 (Reuters) – The head of a nonprofit that
manages the infrastructure of the Internet defended on Wednesday
the U.S. government’s move to cede oversight of the body, and
downplayed concerns that Russia, China or other countries could
exert control and restrict the web’s openness.
The Obama administration last month said it would relinquish
oversight of the Internet Corporation for Assigned Names and
Numbers, or ICANN, which controls the “address book” of the
Internet, the master database of top-level domain names such as
.com and .net.
WASHINGTON (Reuters) – Officials from the U.S. government and the private non-profit group that manages the Internet’s “address book” promised on Wednesday to not rush a Commerce Department plan to relinquish oversight over Internet infrastructure management.
The United States said in March it would give up a direct oversight role, which it says has long been symbolic, over the work of the Internet Corporation for Assigned Names and Numbers, or ICANN.
WASHINGTON (Reuters) – U.S. communications regulators voted along party lines on Monday to prohibit broadcast companies from controlling two or more TV stations in a market by sharing advertising sales staff as the agency began its new review of media ownership rules.
Two Democratic members of the Federal Communications Commission sided with Chairman Tom Wheeler on new rules that would count a broadcaster as having an ownership interest in any station where that owner sells 15 percent or more of weekly advertising time.
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.