Cox Communications is catching up with rivals Google Fiber, Comcast, and AT&T in offering gigabit Internet to more of its residential customers. Initially announced a year ago, the company’s “G1gablast” service has gone live in parts of Phoenix, AZ; Orange County, CA; and Omaha, Nebraska, and Las Vegas, NV, earlier than the initially anticipated launch […]
Apple (AAPL) notched another all-time stock high and closed trading as the first $700 billion U.S. company. Shares of the gadget maker Tuesday closed up $2.29, or 1.9%, to $122.01 – putting a punctuation on what’s been a breathtaking 58% rise over the past year. Giant moves by a giant company – make earth-shattering events. […]
AOL raises cash today by selling patents to Microsoft. Under the deal, AOL would sell 800 patents to the Windows developer and license out 300 more. The terms would give it an immediate payment of $1.06 billion in cash, and Microsoft would give AOL a perpetual license back. To help absorb the income tax hit […]
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