COMCAST

NEW YORK - Comcast Corp , the largest U.S. cable television provider, posted a better-than-expected fourth quarter profit as it tightened its costs but lost subscribers reflecting stiff competition with phone and satellite companies for customers. Excluding a $600 million writedown of its stake in wireless company Clearwire Corp and other one-time expenses, its quar...

NEW YORK - Comcast Corp , the largest U.S. cable television provider, posted a 32 percent drop in fourth quarter net profit on Wednesday, due to a writedown related to its Clearwire Corp stake and said it lost 233,000 subscribers. Net profit fell to $412 million, or 14 cents a share compared with $602 million, or 20 cents a share in the year ago quarter. The compan...

Comcast Corp. said Thursday that hackers took over and defaced its Web portal for several hours overnight and prevented users from accessing Web mail and account records on the company's site.

Time Warner and a General Electric Co's NBC Universal partnership with the Blackstone Group are the lead contenders in today's round-two of the Weather Channel auction, according to media reports.

U.S. stocks advanced for a second day, after analysts said chipmakers will benefit from rising global demand and energy shares are cheap relative to crude prices.

Comcast Corp. said that it reached an agreement to Plaxo Inc., which operates an online address book and a social network called Pulse and provided the basis for other popular social networking sites, including Facebook and Friendster.

Comcast agreed to purchase Plaxo the first innovative system that developed social networks from address books. With the acquisition of Plaxo, Comcast plans to provide its consumers social network links across all its devices including wireless, TVs and digital video recorders.

U.S stocks fell on Wednesday for the second day this week after reports showed home sales fell in March and oil prices remained in higher territory.

Comcast Corp. reported better-than-expected results on Thursday, citing stronger growth in its digital cable and high-speed Internet services.

Comcast Corp, the top U.S. cable operator, said on Tuesday it will partner with a second file-sharing company Pando Networks as it tries to avoid a criticism over its controversial management of Internet traffic on its broadband network.

Hulu.com, the Internet joint venture between News Corp and General Electric's NBC Universal, will make its catalog of TV shows and video clips available for free to anyone on the Web.

What Are Yahoo's Other Options Besides Microsoft?

For Yahoo Inc to avoid Microsoft Corp's bear hug, it could potentially partner with companies ranging from eBay Inc to Comcast Corp, though an alternative deal would be unlikely to match the Microsoft offer. Retailer Amazon.com Inc, iPod maker Apple Inc and phone company AT&T Inc all could argue that integrating Yahoo's services and ads would be strategically smart, and some already have Internet-advertising partnerships with Yahoo. None, however, is expected to be able to compete f...

A senior U.S. lawmaker said on Wednesday he had introduced legislation designed to prevent broadband Internet providers from unreasonable interference with subscribers' access to content.

Comcast Corp has told U.S. regulators it uses reasonable measures to manage traffic moving over its broadband service as some of its customers overwhelm the network by using file-sharing applications like BitTorrent.

The lines between TV and Internet TV have become increasingly blurred, Comcast Interactive Media Executive noted on Wednesday, adding that the trend is moving more towards content proliferation over multiple platforms.

Comcast Corp on Wednesday denied interfering with file-sharing services and promised to cooperate with the U.S. regulators to settle concerns about how it manages its internet traffic.

Time Warner Cable Inc, the second-largest U.S. cable television operator, said on Wednesday that third-quarter profit fell due to a large year-earlier gain.

Shareholders of Cablevision Systems Corp on Wednesday rejected a $10.6 billion buyout bid offered by the Dolan family, after major stakeowners said it undervalued the New York-based cable operator. The Dolans, who already own about 20 percent of Cablevision, offered $36.26 per share -- a price that several large shareholders, including activist investor Mario Gabelli, have said was too low.

Shares in some of the biggest U.S. entertainment and media companies fell on Wednesday after Goldman Sachs downgraded its view on the sector to cautious from neutral due to concerns about the U.S. economic slowdown.

Verizon Communications Inc. said on Monday its second-quarter profit rose 4.5 percent as subscriber growth for its FiOS TV service accelerated while wireless growth remained steady.