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 Send to email | Comcast (CMCSA) Buys Plaxo For Roughly $175 Million in CMCSA |  By Silicon
el 14-May-2008 |
comcast-plaxo.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 Comcast (CMCSA), the largest U.S. cable company, is shelling out roughly $175 million for Plaxo, Reuters reports. Plaxo announced the deal on its blog but didn't disclose the price.
What the heck is a cable company going to do with an address book/social network? Photo albums and TV recommendations! The company explains...
Plaxo and Comcast have been working together for the past year on a
number of initiatives. Plaxo is providing the universal address book
for Comcast's SmartZone communications center (slated to launch later
this year), and we are also now hosting all of the address book
accounts for Comcast webmail users. Our partnership has already more
than doubled the reach of the Plaxo network, bringing the total number
of accounts to nearly 50 million.
Together, we intend to deliver on a vision of making 'social media'
a natural part of the lives of regular people, not just early-adopters.
For example, you should be able to securely post family photos online
in Pulse, and have them viewable by any of your family members, whether
they are online, at work, on their mobile device, or in their living
room watching TV. And you should be able to discover new shows to
watch, based on what your friends and coworkers have recommended.
Plaxo will stay in Silicon Valley as a unit within Comcast Interactive Media, which also includes Fandango, Fancast, etc.
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| GTA IV expected to pull in $400 million during first week |  Think Rockstar Games has a lot riding on the upcoming release of Grand Theft Auto IV? You would be correct. According to Variety, is looks like the Take-Two, Rockstar’s parent company, is expecting to rake in over $400 million during the first week of sales. Whoa! That would equate to roughly 6 million units sold [...] [..] Read complete article | | Published 16-Apr-2008 by Joshua Karp in Xbox 360Playstation 3News
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| BitTorrent, Comcast (CMCSA) Shake Hands, Downloaders Still Screwed | | Comcast and BitTorrent will work together to make peer-to-peer file downloads work more efficiently, the companies said today. Good news for BitTorrent? Sure. Will it get the FCC off Comcast's back? Maybe. Good news for Comcast customers? Nope.
Why's that? Because instead of just slowing down BitTorrent file transfers, Comcast says that by the end of the year, it will start slowing down [..] Read complete article | | Published 27-Mar-2008 by Silicon in NFLXCMCSAAAPL
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| Comcast Still Hates Its Customers, Still Not Secure | | Ooooooooh Comcast. If there’s one person whose service you probably shouldn’t terminate without cause and who you shouldn’t made idle threats against, it’s probably Dave Winer. You know, the guy who invented blogging? Yesterday, Winer posted at length with regards to a recent ordeal with Comcast. To paraphrase, Comcast identified Winer as a customer using [...] [..] Read complete article | | Published 17-Apr-2008 by Zach Epstein in OpinionsNetworks
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| Comcast, Time Warner Cable To Fund Sprint-Clearwire WiMax Venture? | | Comcast and Time Warner Cable, the two biggest U.S. cable companies, are in talks to fund a wireless joint venture that would be run by Sprint Nextel and Clearwire, the Wall Street Journal reports ($).
According to the plan, Comcast (CMCSA) would kick in $1 billion, Time Warner Cable (TWC) would contribute $500 million, and Bright House, Google (GOOG), and Intel (INTC) could also fund th [..] Read complete article | | Published 25-Mar-2008 by Silicon in SVZCLWRTWCTCMCSAINTCGOOG
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