Business

Time Warner Cable Already Has Another Suitor

The dead Comcast/Time Warner Cable deal is still warm, but Time Warner Cable already has a potential buyer who isn’t wasting any time in going after the major telecommunications player. And it’s a familiar face. According to the Wall Street Journal, Charter Communications is ready to move on TWC. From the WSJ, quoting sources: Charter, which is backed by John …

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Google Sued over Alleged Age Discrimination

Google, once again, finds itself the target of an age discrimination lawsuit. This time the claim comes from a 64-year-old engineer, who says Google never even considered hiring him due to his age. From the Wall Street Journal: Robert Heath says in his complaint filed in U.S. District Court in San Jose, Calif., that Google unfairly dismissed his application for …

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Comcast / Time Warner Cable Merger Is Dead, Officially

It’s official. Comcast has announced it has abandoned its efforts to acquire Time Warner Cable, in a deal that would’ve been valued at around $45 billion. This follows reports on Thursday that said the Department of Justice and Federal Communications Commission were both gearing up to recommend against the deal. If the merger had been approved, the Comcast-TWC behemoth would’ve …

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Bezos: Amazon Web Services Is A $5 Billion Business

Amazon just reported its financial results for the first quarter, including a 15% year-over-year increase in net sales at $22.72 billion. With this report, Amazon has begun giving more financial details about its Amazon Web Services (AWS) business. And the financials on that are looking pretty good. CEO Jeff Bezos said: “Amazon Web Services is a $5 billion business and …

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Google Posts 12% Q1 Revenue Increase At $17.3B

Google just reported its Q1 financial results, with revenue up 12% year-over-year at $17.3 billion. “Excluding the net impact of foreign currency headwinds, revenue grew a healthy 17% year on year,” said outgoing CFO Patrick Pichette. “We continue to see great momentum in our mobile advertising business and opportunities with brand advertisers.” Google reported EPS of $6.57, which was slightly …

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Comcast Is Giving Up on Its TWC Deal: Report

Comcast is planning to kill its proposed acquisition of Time Warner Cable before the feds can kill it first. Bloomberg is quoting sources who say that Comcast is ready to back away from the merger, which would be valued at around $45 billion. This comes on the heels of reports that the FCC had proposed a “hearing designation order” for …

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Sheryl Sandberg On What Facebook Is Doing For Small Businesses

In recent months there have been a lot of articles written about how Facebook is hurting or “failing” small businesses. In November, Tech Times wrote that “Facebook is killing small business entrepreneurs”. Last month, Fast Company published an article called “How Facebook is Failing Local Businesses“. Are these stories exaggerated? It really depends on the business, but in general, probably. …

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Groupon Recalls Fake, Possibly Holey Condoms

Groupon Australia has admitted that it sold a bunch of counterfeit condoms that may, in fact, be full of holes. The condoms were sold between March 12 and April 10. If you do the math, and it’s not a hard one, you’ll realize there’s a good chance many of these holey condoms have been deployed already. According to the Australian …

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How AdSense Publishers Should Use Google’s New ‘Matched Content’ Tool

Google announced the launch of a new (and free) content recommendation tool for AdSense publishers called Matched Content. It simply shows more of your content to your users similar to other available content recommendation tools. It generates “contextually relevant and personalized” article recommendations from the pages on your site, and looks pretty much how you would expect such an offering …

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936 Million Users Get on Facebook at Least Once a Day

Facebook just reported its first quarter earnings, and the company says its daily active users are approaching a billion. According to Facebook, 936 million users check the site at least once every day – 798 million do so on mobile. If you want to know just how much Facebook is shifting to a mobile platform, that figure is a 31% …

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Comcast, TWC Will Meet with Regulators to Try to Save Deal

With their proposed merger on shaky ground, representatives from Comcast and Time Warner Cable are planning to meet with Justice Department officials in the hopes of negotiating a pathway for the deal to proceed. This will be the first such meeting between the cable companies and regulators since the merger was announced. The Wall Street Journal Reports that Comcast will …

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Google Almost Bought Tesla Two Years Ago: Report

Just a short time before Tesla Motors posted its first-ever quarterly profit, the car company almost become a Google property. That’s according to a new report from Bloomberg, which says that in March of 2013, just weeks before this monetary milestone, Elon Musk was on the brink of selling his company to Google. At the time, Tesla was in dire …

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