Verizon Agrees to Buy Intel's Video Business
Jan 21, 2014, 8:07 AM by Eric M. Zeman
Verizon Communications, the parent company of Verizon Wireless, today announced that it has agreed to purchase Intel's cloud TV platform, called OnCue. In addition to gaining rights to the technology, Verizon will also offer jobs to about 350 Intel employees based in California. Terms of the deal were not disclosed, and it will require regulatory approval. The sale is expected to close during the first quarter of the year. Verizon believes the purchase will help it prepare next-generation video services faster. "We will have the opportunity to enhance, expand, accelerate and integrate our delivery of video products and services to better serve audiences on a wide array of devices," said Verizon CEO Lowell McAdam. Though the deal will initially help Verizon's FiOS-based television service, it will eventually also be integrated with Verizon's 4G LTE network.
Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.
Jul 1, 2020
T-Mobile US and Dish Network today announced that they have completed the previously-announced sale of Boost, the prepaid arm of Sprint. Dish now owns the Boost brand and takes responsibility for its 9.3 million customer accounts, hundreds of employees, and thousands of independent retailers.
Sep 23, 2020
Samsung has a new, more affordable Galaxy S20 phone that starts at $699 while keeping the S20 specs and features that Samsung says surveyed users cared about most. The Samsung Galaxy S20 Fan Edition (abbreviated "FE") keeps flagship-level specs in many areas.
Feb 11, 2020
Samsung today announced its new flagship phones for 2020: the Galaxy S20, Galaxy S20+, and Galaxy S20 Ultra. In the US, all three models support 5G and are powered by Qualcomm's newest top-end Snapdragon 865 chipset paired with 12 GB of LPDDR5 RAM.
Aug 4, 2020
Microsoft's Project xCloud cloud-based game-streaming service will officially launch September 15th as a "cloud gaming" feature included with the new Xbox Game Pass Ultimate subscription service. Game Pass Ultimate costs $15/month, with an intro price of $1 for the first month.
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