Trian feels Comcast stock is undervalued and needs to be restructured for better performance.
Verizon Wireless has been allowed to proceed with its $3.9 billion purchase of airwaves from cable providers, including Comcast Corp. The Department of Justice approved the deal, however at the same time it decided to place some restraints on the companies’ marketing agreements.
The popular microblogging website Twitter blocked the account of a reporter based in Los Angeles who works for a British daily. On Friday, the man included the email address of the NBC Olympics president, Gary Zenkel on his tweet and urged people who followed him on the site to write to Zenkel and criticize the network’s airing of the Olympic Games. However, the move backfired as the episode became a popular enough topic for Twitter conversations on Monday all over the globe.