Jul 27, 2017

Comcast's "Xfinity Instant TV" to launch this year

Jeff Fusco / AP

Comcast executives told investors on today's quarterly earnings call that it will launch its millennial-focused TV service the second half of this year. It will be an in-home cable service that doesn't include a set-top box. Prices are still being tested.

"It's ideal for certain segments and millennials in the test markets," said Dave Watson the new president and CEO of Comcast's cable division.

Why it matters: The service would compete with other telecom companies in the skinny bundle space, like AT&T's Direct TV Now and Dish's Sling TV, as well as other tech-based skinny bundles, like Youtube TV and Hulu TV. It's a crowded space, but Comcast is hoping to retain millennial cord-cutters by offering them something cheaper and more aligned with their consumption habits. (The average Comcast cable/broadband was $151 last quarter, up nearly 8% from just two years ago.)

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Coronavirus spreads to new countries, while U.S. confirms 57 cases

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

Public health officials confirmed Tuesday the U.S. has 57 people with the novel coronavirus, mostly those repatriated from the Diamond Princess cruise ship — an increase they had expected after the passengers were allowed to return home from Japan against their initial advice.

The big picture: COVID-19 has killed more than 2,700 people and infected more than 80,000 others, mostly in mainland China. There's only been two cases of person-to-person infections in the U.S. so far, but the Centers for Disease Control and Prevention warned today that Americans should prepare for the outbreak to broaden here.

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Space tourism gets ready for launch

Illustration: Sarah Grillo/Axios

Multiple space tourism companies are aiming to send their first customers to the edge of space before the end of this year.

Why it matters: Right now, most revenue in the space industry is tied up in government contracts, but experts say the maturing industry will need tourism to grow into the $1 trillion economy some predict it could be.