Luxtera, a developer of silicon photonics technology, reportedly is in acquisition talks with Cisco. Silicon photonics converts data encoded in photons carried over fiber-optic cables into information that can be processed by microchips, accelerating the transfer of data.
The number of US homes with fiber-based broadband service was 18.4 million as of September, an increase of 23% compared with September 2017, according to a report from research firm RVA for the Fiber Broadband Association. Fiber broadband passes 39.2 million US homes, of which 1.6 million have the choice of two or more service providers.
A report released by the House says subpar security protocols at Equifax led to the breach that exposed the data of 148 million customers.
Tribune Media's independence and focus on local brands have helped it garner success and avoid the uncertainties that come with acquisitions. Nexstar CEO Perry Sook, who will be overseeing the merging of his company with Tribune, agrees: "The management team has done a great job of managing through an extended period of being in limbo, but the results have certainly been there and we think that's a great foundation to build on."
Disney is exploring the individual sale of its 22 regional sports networks after failing to attract a solid offer. Several potential buyers, including Sinclair, Apollo Global and Nexstar, have shown interest in the acquisition, but those groups have not met the full criteria of reasonable sale price and available funding.
Verizon has come to terms with the financial shortfall of Oath -- a division for its Yahoo, AOL and Huffington Post brands -- and has reduced Oath's value by $4.6 billion, leaving a goodwill balance of roughly $200 million. Investors seemed to agree with the move, as stocks rose 1.6% Tuesday and closed at $59.20.
CBS and PBS are among the winners of the prestigious duPont-Columbia University Journalism Awards, which honor work in electronic journalism. The awards ceremony will be co-hosted by journalists Lesley Stahl and Ailsa Chang on Jan. 22.
The Federal Communications Commission has voted unanimously to no longer require stations to post broadcast licenses at tower and transmitter locations -- sites that are mostly no longer open to the public. Broadcasters said that making documents available online is sufficient, and the FCC agreed that the rule was "out of step with technology."
Hulu will be launching its private advertising marketplace Jan. 1, giving marketers the flexibility to buy ads via a trading desk without having to talk to a Hulu sales rep about pricing. The new ad offering coincides with Hulu's increase in ad inventory and milestone reach of over 20 million subscribers.
A recent report by 7Park Data shows that viewership of original Netflix content has risen from 24% in October 2017 to 37% two months ago, but licensed content is 63% of viewed programming on Netflix. This small uptick leads Todd Spangler to wonder if the streaming giant is producing content fast enough to account for shows that will be pulled by its soon-to-be-streaming competition.