industry news

  • Comcast fires employees for P2P discussions

    Comcast fires employees for P2P discussions

    Comcast employees are on lockdown with the recent storm of controversy regarding accusations that the ISP is throttling Bit Torrent traffic. Those in Comcast’s support department is finding out that if you let customers know their traffic is being modified, you will lose your job. Customer support reps are supposed to stick to a script and if asked about “the situation”, lie… Read More

  • Google Intends On Bidding In 700MHz Auction

    Google Intends On Bidding In 700MHz Auction

    It’s no surprise that Google was considering a bid in the FCC’s upcoming auction for the 700MHz spectrum. Now Google is saying that if the FCC allows the auction to proceed with open-access requirements, it will bid. The company has at least $4.6 billion available to play with for the auction, so things could get quite interesting. Google recently sent a letter to the FCC’s… Read More

  • Vodafone Denies Verizon Takeover Rumors

    Vodafone Denies Verizon Takeover Rumors

    Early this morning, news of Vodafone’s interest in Verizon Communications started to percolate. Now Vodafone is denying that it’s interested in a $160 billion takeover of the company, which would give it a market cap of near $300 billion. FYI, Vodafone is a partner with Verizon Communications. They formed this little company you may have heard of mdash; Verizon Wireless, in which… Read More

  • CD Sales Down 20% From 2006

    CD Sales Down 20% From 2006

    The future of the CD is not looking good. Last year, 112 million CDs were sold between January 1st and March 18th. This year? A paltry 89 million. Don’t get me wrong. 89 million CDs in three months is still an lot of discs sold. But a 20-percent drop in sales? That says something. The music industry is blaming lackluster sales on the growing demand for digital downloads. I’ll believe… Read More