Monday, July 13, 2015

Comcast offers another way to 'cut the cord'

The country's largest cable operator announced that it is beta testing a new streaming service called Stream. With this new service, Xfinity Internet customers will be able to watch live TV from about a dozen networks -- including HBO -- on their computers, mobile devices, and tablets. Company shares were up more than 1% during Monday morning trading.
Let's take a look at the tech stocks to watch Monday:
Comcast (CMCSA): In a bid to attract the younger generation of viewers, Stream will be offered to Xfinity Internet subscribers for an additional $15 a month, the company said in a blog post. Stream will launch in Boston by the end of the summer, and the company said it plans to make the service available everywhere by early 2016.
Apple (AAPL): The Federal Trade Commission is looking into whether Apple is violating antitrust regulations, according to Reuters. The company currently takes a 30% cut of all in-app purchases for digital goods sold on its platform -- such as music streaming subscriptions -- and some rival services have complained that this cut has affected it profit margins. The FTC has not begun a formal investigation, however is looking into the possibility of antitrust violations.
United Technologies (UTX): Lockheed Martin is in advanced talks to complete a deal to buy United Technologies helicopter unit, according to The Wall Street Journal. This deal, which may be completed in the next few days, could be valued at more than $8 billion. As of morning trading, company shares were up more than 1%.
Microsoft (MSFT): The software company recentlyannounced that the new version of its Power BI software -- an analytics service that enables companies easily visualize and share data -- will become available to the general public July 24. The company is currently holding its Worldwide Partner Conference in Orlando. Company shares were up nearly 2% during morning trading.
Nintendo (NTDOY): Nintendo CEO Satoru Iwatadied at 55, the company announced Sunday. Iwata ran the Japanese video game publisher during one of its most successful periods, which included the launches of two significant products: the DS handheld in 2004 and the Wii home console in 2006, which respectively sold more than 200 million and 101 million units to date. 
By Trisha Thadani for US Today Tech 

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