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Google And Verizon Unveil Proposed Net-Neutrality Policy

The proposed public policy leaves the world of wired internet neutral, but exempts wireless broadband from most of the agreement. Under it, service providers are expected to be transparent about how they manage traffic. » E-Mail This      » Add to Del.icio.us

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GE, Vivendi Deal Would Allow Comcast To Buy NBC

Under the agreement, which has not yet been formalized, GE would buy the 20 percent stake in NBC Universal held by Vivendi. Reports say the agreement would pave the way for GE to sell a 51 percent stake in the TV and movie company to Comcast Corp. Comcast’s plan is to combine its cable system with NBC Universal’s film and television offerings and create an entertainment giant. » E-Mail This      » Add to Del.icio.us

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GE, Vivendi Reportedly In Tentative Deal For NBC

Under the agreement, which has not yet been formalized, GE would buy the 20 percent stake in NBC Universal held by Vivendi, a source said. The agreement would pave the way for GE to sell a 51 percent stake in the TV and movie company to Comcast Corp. » E-Mail This      » Add to Del.icio.us

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U.S. Settles With Swiss Bank UBS On Accounts

Switzerland has agreed to set in motion a process that may ultimately yield ownership details on 4,450 accounts at Swiss bank UBS. The U.S. has been pressing UBS to release the names on the accounts so it can go after “tax cheats.” The IRS says it got most of what it wanted from the agreement, but it’s clear there are many hurdles and the process will take some time. » E-Mail This      » Add to Del.icio.us

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