Google to sell Clearwire stake at 94 percent loss

(AP) -- Google Inc. on Friday said it will sell its stake in Clearwire Corp., the struggling operator of a wireless data network. The search company is taking a 94 percent loss on the originally $500 million investment made ...

Cable cos. shut down interactive ad venture

(AP) -- The country's largest cable TV companies are shutting down the bulk of a venture that let viewers interact with TV ads, laying off 120 employees.

Startup sends live local TV to the iPhone

(AP) -- A startup backed by media billionaire Barry Diller has launched a service that sends live local TV feeds to iPhones and iPads. But the service may be short-lived, since TV stations are likely to challenge its right ...

Comcast subscribers almost stop cancelling cable

(AP) -- It's become the routine in the cable industry that subscribers stream out the door every quarter, hanging up on cable in favor of service from satellite or phone companies. But in the October to December quarter, ...

Verizon to set up streaming service with Redbox

Challenging Netflix, phone company Verizon Communications Inc. says it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks.

Viacom 1Q earnings shredded by 'Rock Band'

(AP) -- Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games.

Cox agrees to sell wireless spectrum to Verizon

(AP) -- Cable company Cox Communications on Friday said that it has agreed to sell some of its airwave licenses to Verizon Wireless for $315 million and will resell Verizon service in its stores.

page 10 from 15