Kris

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L.A. sues Time Warner Cable over past fees

Time Warner Cable Inc.has stirred anger over its hike in subscription rates for customers and its efforts to extract hefty fees from rivals to air the L.A. Dodgers channel.<p>Now it has incurred the wrath of city officials.<p>On Friday, the city of Los Angeles sued the cable giant, alleging it stiffed …

Comcast-Time Warner Cable Deal Faces Scrutiny From States

More than two dozen states including California, Florida and Connecticut are working with the Justice Department to determine if Comcast’s $45 …

Net Neutrality

No penalty for Comcast if merger with Time Warner Cable fails

Comcast has risked almost nothing in its $45.2 billion bid to buy Time Warner Cable, according to a filing with the SEC.<p>Comcast negotiated an easy escape hatch if regulators put too much heat on the $45.2 billion merger with Time Warner Cable, according to a regulatory filing Thursday.<p>According to …

Net Neutrality

Glaxo And Unilever Take Note: How General Electric And Coca-Cola Are Winning In Africa

Once more, a major business figure is predicting an African century. This time the continent’s optimist is Sir Andrew Witty, chief executive of drugs group Glaxo SmithKline. His company is to plough £130m over five years into its factories in Kenya and Nigeria and build up to five more plants in …

Alibaba founder buys China software group stake for $531m

Alibaba is poised to expand its footprint in the Chinese financial sector after Jack Ma, founder of the ecommerce group, paid Rmb3.3bn ($531m) for …

China