News Byte

Time Warner Cable Acquires NaviSite for $230 Million

Time Warner Cable Inc. announced today it had reached a deal to acquire NaviSite, a cloud services and Web-hosting company, for $230 million in cash. Time-Warner, which is the second largest cable-TV provider in the U.S. as well as a significant player in residential broadband, said the transaction would expand its commercial broadband business by providing an entry into the business of selling managed services for small- and medium-size companies. The transaction is expected to close in the second quarter of 2011.

Twitter Responds to WikiLeaks Document Demand by Feds–But Who's Next?

Earlier tonight, it was revealed in numerous news reports that Twitter had been ordered by a U.S. federal judge to turn over documents related to several people involved with WikiLeaks. Here’s what Twitter had to say to BoomTown in response, as well as what CEO Dick Costolo said onstage yesterday at the D@CES event about the importance of the free flow of information.

If Speed Matters, Why Is American Broadband So Slow?

The Communications Workers of America have completed their latest survey of broadband connections in the U.S., and if the point wasn’t already well-established, then they’re here to remind you: Broadband connections in America are slow, and service availability is lousy or non-existent in many areas.

IE Market Share: Down Nearly 15 Percent in Two Years

The stock market’s performance this past year isn’t the only thing that’s charting historic lows. According to preliminary December metrics from Net Applications, the share of the browser market held by Microsoft’s Internet Explorer has slipped below 70 percent.