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Google eyes television over the Internet: reports
by Staff Writers
New York City, New York (AFP) July 17, 2013


US Internet giant Google is scrambling to deliver pay television online and has met with some content providers on licensing, The Wall Street Journal reports Tuesday.

"If the Web giant goes ahead with the idea, it would join several other companies planning to offer services that deliver cable TV-style packages of channels over broadband connections," the Journal reported.

"Intel Corp. and Sony Corp. are both working on similar offerings, while Apple Inc. has pitched various TV licensing ideas to media companies in the past couple of years," the report said.

Google's effort, if successful, has the potential to seriously undermine the current pay-cable television "ecosystem," it added.

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Japan's NEC to pull out of smartphones: report
Tokyo, Tokyo Province (AFP) July 17, 2013
Japanese electronics giant NEC will likely abandon smartphone production after failing to bring China's Lenovo Group on board to bolster its money-losing unit, a report said Wednesday. Shares in NEC rose more than 4.7 percent on the news, despite broad losses on the Tokyo stock market. The Nikkei business daily said NEC had asked Lenovo to take a majority stake in development and product ... read more


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