TAMPA, Fla. — Intelsat reported a 7% drop in revenue for 2020 after declines in multiple business units, underlining the importance of C-band clearing proceeds for the satellite operator’s recovery efforts. The company recorded $1.91 billion in 2020 revenue, compared with $2.06 billion for 2019, as COVID-19 hammered mobility and […]
Media business
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China’s government has asked Jack Ma’s Alibaba Group to shed its media assets as officials there grow increasingly concerned about the tech giant’s impact on public opinion in the country, according to a new report. Talks started earlier this year after Chinese regulators reviewed a list of media properties owned […]
A new full-fibre broadband supplier is coming to thousands of homes in Manchester to challenge some of the biggest household brands, including the likes of BT Broadband, Sky and Virgin Media. Dubbed VISPA, the new brand has announced plans to deploy gigabit-capable connections to 10,000 homes in the next 18-months. […]
Facebook has blocked Australians from accessing and sharing news in protest at a new law which would have forced the site to pay for the content it hosts. Furious Prime Minister Scott Morrison said the move shows big tech companies ‘think they are bigger than governments and that the rules […]
Digital technology investment could boost the economy by £232bn over the next 20 years, research finds Tech investment in health and social care alone could add £33bn to UK GDP Starting investment early could add £74billion to Britain’s economy by 2025 Covid-19 has accelerated flexible working and the delivery of […]
In the first ten days of December, Discovery unveiled its streaming service; Warner Bros. said that its entire 2021 slate of films will be released on HBO Max and in theaters at the same time; and Disney announced 100 new projects, with most of them heading straight to streaming services. […]
Credit the Grateful Dead for the union of Samantha Fishbein and Avi Sage. Ms. Fishbein, 31, grew up in Roslyn, N.Y., listening to the Grateful Dead and seeing shows with her parents, Ilene and Dr. Benjamin Fishbein. Mr. Sage had a similar experience with his parents, Alison and Michael Sage. […]
If Microsoft or another company buys TikTok before President Trump bans the Chinese-owned video app on national security grounds, it will acquire a giant community of devoted fans and a lucrative platform for selling ads. It might be buying something else, too: a big population of users ages 14 and […]