Netflix Inc said it will offer its first unlimited streaming-only subscription plan in the United States for $7.99 a month, and raise prices of its popular unlimited streaming and unlimited DVD plans by a dollar -- eventually shifting away from its mail business. Netflix shares rose 7 percent to $184.71 in morning trading following the announcement. The move is part of Netflix's push to phase out its DVD-by- mail business, said Gabelli & Company analyst Brett Harriss. "For a … [Read more...]
Verizon iPad confirmed, will iPhone be next?
Apple (AAPL) and Verizon Wireless (VZ) finally are getting it on. But are there bigger plans in the works? The companies have announced a cobbled iPad, sans built-in 3G but bundled with Verizon's MiFi Mobile Hotspot. This will be launched on Oct. 28 in 2,000 stores nationwide.The news on the Verizon iPad could foreshadow a Verizon iPhone, finally breaking the AT&T stranglehold on the iPhone. Kent German and Erica Ogg said in CNET that a Verizon iPhone could hit the market in early … [Read more...]
FCC paves way for new mobile device
U.S. regulators paved the way on Thursday for new, faster wireless devices by opening unused television airwaves for mobile broadband use. Device makers such as Dell Inc, Nokia and Motorola Inc stand to profit from the Federal Communications Commission's unanimous vote to allow unlicensed wireless devices to operate on this idle spectrum. It is the agency's first significant release of unlicensed spectrum in 25 years, said FCC Chairman Julius Genachowski. "This new unlicensed … [Read more...]
FCC opens up unused TV signals for broadband
WASHINGTON – The Federal Communications Commission is opening up unused airwaves between television channels for wireless broadband networks that will be more powerful and can reach farther than today's Wi-Fi hotspots. The five-member FCC voted unanimously Thursday to allow the use of so-called "white spaces" in the broadcast TV spectrum to deliver broadband connections that can function like Wi-Fi networks on steroids. The agency is calling the new technology "super Wi-Fi" and hopes … [Read more...]
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