Community broadband expertise from Tellus Venture Associates…
News and analysis from Steve Blum’s Blog…
The judge who unconditionally blessed AT&T’s purchase of Time Warner’s content companies “rejected fundamental principles of economics”, according to a motion filed by the federal justice department as it launched its appeal of that decision…
The “assumption” the court criticized was the fundamental economic principle, recognized in case law, that the merged firm would maximize its corporate-wide profits (rather than instruct Turner and DirecTV to operate independently at the expense of overall profits to the parent corporation). This basic economic axiom of corporate-wide profit maximization forms ... continue reading »
Loon is ready to fly on its own. In a blog post, the head of Alphabet’s X division, Astro Teller, says that the high altitude balloon-based broadband company, and a drone based sister project, Wing, are leaving the incubator…
Today, unlike when they started as X projects, Loon and Wing seem a long way from crazy — and thanks to their years of hard work and relentless testing in the real world, they’re now graduating from X to become two new independent businesses within Alphabet: Loon and Wing.
... continue reading »
