BEIJING (Reuters) - China's Xiaomi Technology Co Ltd [XTC.UL] said on Tuesday it would spend $1 billion to expand its internet TV content as the world's third largest smartphone maker ramps up its push into the living room, and a market estimated to be worth $3 billion.
Xiaomi's burgeoning TV unit includes its Xiaomi TV as well as a set-top box, which both use its software and content. The company is best known for its budget smartphones and tablets that have won it legions of fans worldwide.
WASHINGTON (Reuters) - Comcast Corp and AT&T Inc have no plans to create Internet "fast lanes" that may hurt consumers' freedom to roam the Web, the leading U.S. broadband providers told the U.S. Senate Judiciary Committee chairman in recent letters.
Senator Patrick Leahy last week wrote to top Internet service providers (ISPs), urging them to pledge that they would not enter any so-called paid prioritization deals, in which content companies would pay ISPs to ensure smooth and fast delivery of their traffic.
The 6th TMT Finance & Investment Asia event will take place in Singapore on January 28 with a new expanded programme featuring 20 sessions on Telecom, Media and Digital Technology Investment Strategy for Asia.
Join 100+ telecom executives on this 2 part meeting to discuss the technologies in entertainment. The first day of our two-day Entertainment sessions will focus on the content side: games, video, media, audio, apps, and more. The second day of our two-day Entertainment session will focus on the network side of the entertainment business. You have the option to register for 1 session or for both.
ITSF 2014 “Time for the Future” will be a key knowledge transfer and networking session as the industry builds the new networks necessary to address the phenomenal bandwidth demands of the Tablet and Smartphone user community that will emerge in 2015 and 2016.
(Reuters) - Employees of Time Warner Cable will be $416 million richer even if the cable operator's merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal.
A proxy statement, prepared for the shareholders meetings of both companies in October to vote on the merger, also lays out the nearly $81.8 million golden parachute that Time Warner Cable's chairman and chief executive, Robert D. Marcus, would receive.
MEXICO CITY (Reuters) - Facebook Inc <FB.O> is prepared to spend billions of dollars to reach its goal of bringing the Internet to everyone on the planet, Chief Executive Mark Zuckerberg said on Friday.
"What we really care about is connecting everyone in the world," Zuckerberg said at an event in Mexico City hosted by Mexican billionaire Carlos Slim.
"Even if it means that Facebook has to spend billions of dollars over the next decade making this happen, I believe that over the long term its gonna be a good thing for us and for the world."
WASHINGTON (Reuters) - AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company's wireless segment, a spokesman for AT&T said on Tuesday.
The announcement comes as cable companies try to lure business customers away from traditional telecommunications carriers. To become a more seamless competitor, AT&T has been combining its wireline and wireless operations, including customer care and network operations.
New technology. New business models. New Companies. New Relationships.
TC3 is the only executive summit where you can meet 25 telcos, review 50 new technologies, learn about countless alternate paths to market, meet 8 award-winning startups, leverage many pre-arranged 1-on-1 meetings...all in 2 days, in an environment built to optimize networking.
Sponsors include InterDigital®, Avaya, Huawei, HP, Interactions, ItsOn, Edgewater Networks, Brocade, Neo4j, Hubbl, SnapOne, Ericsson, and Innovation Partners.
The COMPTEL PLUS Convention & EXPO is the preeminent networking event for innovative communications companies and their supplier partners. Held twice a year, COMPTEL PLUS attracted 180 exhibitors and 3,820 attendees to the 2013 conventions. COMPTEL PLUS provides attendees with the opportunity to learn about new products, services and industry trends; meet potential customers and do business. In addition, COMPTEL PLUS offers comprehensive educational programming led by experienced industry speakers.