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Comcast has announced that it will impose a monthly cap of 250 GB on customers’ Internet usage. The company acknowledged it has been evaluating a specific monthly data usage or bandwidth threshold for its Comcast High-Speed Internet residential customers for some time.
In a move that’s left some observers scratching their heads, Microsoft has acquired a German comparison shopping site, Ciao for $486 million in cash. Ciao, which is owned by Wilton, Conn.-based Greenfield Online, provides consumer reviews and ratings as well as comparative prices from e-commerce companies.
Rumors of a second-generation Kindle from Amazon.com before 2009 have been greatly exaggerated, Amazon said Friday. Although many fans of the e-book reader have been abuzz this week with rumors that Amazon.com planned to release an updated version of its Kindle, the retail giant will not, in fact, have a new device out before the new year, according to Heather Huntoon, an Amazon.com spokesperson.
The Federal Communications Commission has spent nearly a year testing devices designed to use empty television channels, known as white spaces, for high-speed Internet service. As those tests near conclusion, the agency is evaluating yet another proposal about the best use of the airwaves.
GameStop is splitting the chairman and CEO functions as part of a management reorganization, announced Friday, designed to meet the challenges of fast growth amid the video game retailer’s brand expansion into 16 countries. As part of the changes approved by the board, R. Richard Fontaine, chairman and CEO since the company’s inception in 1996, will relinquish his CEO title to the company’s operating chief.