Tom Krazit
Dec 1, 2011 12:13 PM ET
Clearwire (NSDQ: CLWR) will live to fight on thanks to a cash infusion from its good buddy (or frustrated spouse, depending on how you see things) Sprint (NYSE: S), which has agreed to spend as much as $1.6 billion in payments to use Clearwire’s WiMax network over the next several years. As bleak a year as it has been for Clearwire, things would have gotten much worse without Thursday’s agreement.
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Robert Andrews
Dec 1, 2011 11:33 AM ET
Tesco will start retailing its own line of internet-enabled TV in stores under its Technika brand in the new year - amongst the many ways it will deploy Blinkbox after it bought 80 percent of the UK online movie service this year.
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Ingrid Lunden
Dec 1, 2011 10:49 AM ET
We’ve seen some significant strides for LTE in the past year—with some big names like Verizon and AT&T (NYSE: T) getting behind the fast mobile broadband technology and rolling it out for the masses. The latest reports on what Apple (NSDQ: AAPL) is cooking up could be another boost: Apple is supposedly looking to include LTE capabilities in the iPhone and iPad devices that it is releasing next year.
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Earnings
Laura Hazard Owen
Dec 1, 2011 8:59 AM ET
As it enters the holiday season with the new Nook Tablet for sale and hopes to seize on the “$2 billion up for grabs” as a result of Borders’ bankruptcy, Barnes & Noble (NYSE: BKS) announced its Q2 2012 earnings this morning. Revenues were lower than expected and in-store sales were down, though BN.com sales increased year-on-year. Barnes & Noble stock is down about 12 percent this morning following the report’s release.
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Jeff Roberts
Dec 1, 2011 8:40 AM ET
Some of the stories people are talking about this morning:
» At least someone in the market is optimistic about Spain and Italy - Amazon has just launched the Kindle there. (paidContent)
» China-based Alibaba may be buying all of Yahoo! for $20/share (Bloomberg)
» Zynga will seek to raise $10 billion in its IPO set for December 16 (Reuters)
» Spotify announced the ‘next big step’ in music—integrated apps from companies like Rolling Stone (paidContent)
» Many Android phones appear to be recording keystrokes in violation of federal wire-tapping law (Techmeme)
» HBO says non-cable subscribers can forget about seeing any of their shows on mobile (paidContent)
Ingrid Lunden
Dec 1, 2011 7:33 AM ET
Several days into the Carrier IQ story—which raised privacy concerns around software that claims to be an innocent diagnostics tool—and some handset makers and at least a few carriers are scrambling to clear their names of any CarrierIQ association, although the discussion is unlikely to end here.
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Ingrid Lunden
Dec 1, 2011 5:51 AM ET
It’s taken a few years, but Amazon (NSDQ: AMZN) has really ramped up the number of countries where it is selling its Kindle products. Today it’s announcing two more countries to the list where it sells its keyboard-free Kindle e-reader, Spain and Italy, where it will sell for €99 ($133), along with a catalog of titles in Spanish and Italian Kindle stores. The new Kindle Fire tablet, however, is not yet part of the deal.
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Robert Andrews
Dec 1, 2011 4:34 AM ET
When Tesco bought 80 percent of online PPV movie vendor Blinkbox in April, paidContent reported how the UK supermarket giant would give buyers of its in-store DVD movies access to the same titles online. Now it is happening…
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Robert Andrews
Dec 1, 2011 4:12 AM ET
China is hot. Mobile connections there just overtook those in the U.S. for the first time. Here is a glut of deals news today illustrating the boom…
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Jeff Roberts
Nov 30, 2011 6:29 PM ET
The newspaper industry is savoring some good news with the announcement that Berkshire Hathaway is taking over the Omaha World-Herald Company for $150 million. The deal represents a further expansion of newspaper holdings by Warren Buffett’s legendary company.
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Ingrid Lunden
Nov 30, 2011 5:30 PM ET
On the heels of the Economist claiming one million monthly mobile readers of its magazine across Apple (NSDQ: AAPL) and Android devices, another magazine publisher is gearing up to join the seven-figure club: Hearst says it is on track to reach one million paying subscribers to its digital editions in 2012, fuelled by the rise in people paying for content on tablets.
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Industry Moves
Amanda Natividad
Nov 30, 2011 5:22 PM ET
—Vuguru: The independent studio founded by Michael Eisner’s Tornante Company has hired entertainment veteran Scott Nocas as head of distribution and marketing. He will report directly to Vuguru President Larry Tanz. Previously, Nocas worked with Sony (NYSE: SNE) Network Entertainment, leading video services, global content programming and marketing for the Playstation Network and Sony Entertainment Network (formerly Qriocity).
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Tom Krazit
Nov 30, 2011 4:55 PM ET
Could AT&T (NYSE: T) want T-Mobile’s spectrum and network assets so badly as to contemplate arranging a joint venture between it and T-Mobile parent Deutsche Telekom? (NYSE: DT) A report Wednesday suggests AT&T is at least talking about that option, which might be a quite complicated way to save face with the U.S. government over the proposed T-Mobile deal.
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Laura Hazard Owen
Nov 30, 2011 3:22 PM ET
“Save to Foursquare” buttons now appear alongside web content at New York magazine, Time Out, and a variety of other publishers, allowing users to send places they want to go to their phones and get alerted when they’re in the vicinity.
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Social Standing
Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?
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