As I read the criticism of Google and Verizon's supposed evil plan to demolish the Internet, and as I hear about "protests" of several dozen people at Google's headquarters, I scratch my head and wonder: am I missing something?
Shares of Netflix surged more than 6% Tuesday, after the company announced an agreement with pay-cable movie channel Epix to stream films online from three major movie studios.
In April, Paramount Pictures walked away from a deal to air its movies on pay-TV channel Showtime. Instead, it announced a plan to start up a rival channel with two other longtime Showtime suppliers, MGM and Lionsgate. To the uninitiated, that might have appeared a nugget of passing interest, as in: Great, another movie channel ... I guess.
Just as the race for your TV, phone and Internet dollar speeds up, the gains for the companies peddling the triple-play service bundles have slowed to a crawl.
Verizon Communications Inc.'s first-quarter earnings met Wall Street expectations Monday on strong growth in sales of home fiber-optic services and strong wireless customer additions.
Ericsson CEO Carl-Henric Svanberg joins CNN to discuss the recent downturn in profits.
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