Mar 31, 2017

Verizon plans to launch online TV service this summer

Elise Amendola / AP

Per Bloomberg, Verizon is securing rights from TV networks to stream their content online, which is an important step towards moving into the digital TV streaming market. According to people familiar with the move, Verizon will sell a package with dozens of channels this summer that will be separate from FiOS.

The move follows a trend of other telecom companies taking steps to move into the digital TV space. On Monday, Bloomberg reported that Comcast has negotiated rights from the owners of cable companies to broadcast their video services outside of its regional territories, which could indicate that they're moving into the TV streaming service. Other telecom companies have already jumped into online streaming, including Dish Network with SlingTV and Apple Inc. with DirectTV.

Why it matters: The TV consumption trend is quickly moving from traditional TV sets to digital streaming. Per the Consumer Technology Association, the percentage of streaming service subscribers (free or paid) has caught up with the percentage of pay-TV service providers for the first time ever. Per Nielsen, 23% of U.S. households own a digital streaming device.

Go deeper

7 mins ago - Technology

Cisco, Sony postpone events amid continued protests

Screenshot: Axios (via YouTube)

Cisco said Monday night that it is postponing the online version of Cisco Live, its major customer event, amid the ongoing protests that have followed the killing of George Floyd.

Why it matters: Cisco joins Sony, Electronic Arts and Google in delaying tech events planned for this week.

13 mins ago - Technology

Twitter suspends fake antifa account tied to white nationalists

Twitter said Monday that it has suspended an account named "ANTIFA_US" which it says was tied to the white nationalist group Identity Evropa. Over the weekend, the account had called for violence and its posts had widely circulated online.

Why it matters: It's the latest example of social media being used to exploit and sharpen the very real divisions in American society. It's also the latest example of Twitter more aggressively rooting out false information on its platform.

Updated 28 mins ago - Politics & Policy

The latest: George Floyd protests nationwide

Police officers wearing riot gear push back demonstrators outside of the White House on Monday. Photo: Jose Luis Magana/AFP via Getty Images

Protests over the death of George Floyd and other police-related killings of black people continued for a seventh day across the U.S., with President Trump threatening on Monday to deploy the military if the unrest continues.

The latest: Washington, D.C., Mayor Muriel Bowser criticized federal police in a tweet Monday night for using munitions earlier in the day "on peaceful protestors in front of the White House, an act that will make the job of (DC Police Department) officers more difficult." "Shameful!" she added as she urged residents to go home and stay safe.