The Federal Communications Commission said Friday it has delayed until 2015 the timeline for a planned reverse auction of TV airwaves, a decision that reflects the commission’s intent on getting the complex proceeding right.
Any effort by Comcast Corp. to acquire Time Warner Cable Inc. would face significant hurdles in Washington, according to a Federal Communications Commission official, casting doubt on a cable-industry consolidation scenario that has grabbed Wall Street’s attention.
The streaming-music service, Spotify, which has six million paying subscribers and 20 million active users worldwide, is planning a free, ad-supported version for mobile devices, after previously making mobile users pay a monthly fee.
Box Inc. has secured $100 million in funding at a valuation of about $2 billion, said chief executive Aaron Levie, as new international investors plan to help the online storage provider expand outside the U.S.
Officials in nearly a dozen states have enacted or proposed new laws — or tweaked existing policies — to make it possible for resident entrepreneurs to secure financing from everyday local investors, also known as “equity crowdfunding.”
Atari Inc., the company that helped give birth to the modern-day videogame industry with the introduction of now-classic games such as Asteroids and Pong, received court approval of its plan to exit bankruptcy under the control of its French parent Atari S.A.