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Financial News

Latest Headlines

Latest Headlines

Level 3 acquires Black Lotus, enhances DDoS mitigation capabilities

Level 3 Communications has acquired privately-held Black Lotus, a provider of global Distributed Denial of Service mitigation services, furthering its network security capabilities for its growing enterprise customer base.

Analysts: Verizon scored in Q2 thanks to $80/10 GB and $100/15 GB shared data plan pricing

Verizon Wireless likely added more postpaid customers in the second quarter than analysts at Wells Fargo had previously thought, as the carrier scored thanks to promotions it launched in April.

Cable One officially spins off, enjoys strong first day as M&A target

Cable One has officially spun off from Graham Holdings, with the Phoenix-based MSO's stock spiking as much as 6 percent over issue price during first-day trading on the New York Stock Exchange amid M&A speculation.

CenturyLink names Bobb as VP, global sales, for U.S. East region

CenturyLink has tapped company veteran Jason Bobb to be its new vice president, global sales, for the U.S. East region. In his new role, Bobb will be tasked with increasing the segment's market share and selling hybrid IT solutions to its largest business customers, which are shifting from legacy TDM to IP-based services.

MTN Swaziland prepares cross-border mobile finance service using Ericsson platform

Ericsson said some 275,000 MTN Swaziland mobile wallet customers and 3,000 agents are set to benefit from a deal to provide a mobile financial services platform in the African market.

Time Warner Cable CEO Marcus' $34.6M payday puts him atop cable exec compensation

Could the CEOs of online video providers soon be seeing paychecks along the lines of their counterparts in the pay-TV industry? Regardless of how long it may take, it may be a good idea for them to check out the 2014 compensation packages of cable executives.

Meet the big winners in pay-TV industry's executive compensation

Despite all the talk about competition from over-the-top and consumers' increasing desire to cut the cord, 2014 was a pretty good year for pay-TV executives.  FierceCable  created a list of the highest-paid executives in the cable and pay-TV industry.  Special report

YouTube rival DailyMotion's purchase by Vivendi could breathe new life into OTT service

After more than three months of negotiation, Vivendi has completed its deal to buy online video provider DailyMotion from its parent company, Orange. Vivendi purchased an 80 percent stake in the company for $241.8 million (€217 million).

TWC's Marcus and Comcast's Roberts top the 8 highest paid CEOs in pay-TV

Who are the highest paid CEOs in the pay-TV industry? Now that the nation's top publicly traded pay-TV companies have all reported their CEO salaries to the Securities and Exchange Commission, FierceCable  has compiled its annual list.

The 8 highest paid CEOs in pay-TV in 2014

The nation's top publicly traded pay-TV companies have all reported their CEO salaries to the Securities and Exchange Commission, and  FierceCable  has collected all the data in one place. Below are the salary and compensation rates of the top eight highest paid CEOs among publicly traded cable, satellite and IPTV service providers.