May 12, 2016

USJ cancels planned theme park in Okinawa

The operator of Universal Studios Japan has canceled plans for a theme park in Okinawa, Chief Cabinet Secretary Yoshihide Suga said. He said USJ will instead focus investment on its existing USJ park in Osaka. The central government had earmarked ¥120 million in the ...

Comcast to pay $3.55 billion to buy DreamWorks Animation

Apr 29, 2016

Comcast to pay $3.55 billion to buy DreamWorks Animation

Comcast is buying DreamWorks Animation, the film company behind the “Shrek,” “Madagascar” and “Kung Fu Panda” franchises, for approximately $3.55 billion, strengthening its presence in the important and growing business of children’s entertainment. DreamWorks stockholders will receive $41 for each share they own. That’s ...

Comcast in talks to buy stake in USJ

Sep 16, 2015

Comcast in talks to buy stake in USJ

U.S. cable operator Comcast Corp. is negotiating to buy a stake in USJ Co., which operates the Universal Studios Japan theme park in Osaka. It would purchase the stake from Goldman Sachs and other USJ owners through its unit NBCUniversal, Goldman Sachs officials said ...

Feb 27, 2015

FCC adopts Net-neutrality rule backed by Obama for open Internet

U.S. regulators invoked broad powers to ensure that Web traffic for all users is treated equally, adopting net-neutrality rules that supporters say will preserve a wide-open Internet and that opponents vow to fight in court. The measure approved Thursday by the Federal Communications Commission ...

Nov 12, 2014

Obama inflames divisive debate on Net neutrality

Let’s say President Barack Obama gets his way and high-speed Internet service providers are governed by the same U.S. regulations imposed on telephone companies 80 years ago. Depending on whom you listen to, the rules could unleash future innovation and create jobs — or ...