Tech Business Recap: Dish Launches Broadband Service, Google’s Brazilian Travails
Dish Network Corporation (NASDAQ:DISH) will launch a United States satellite broadband service Monday that carries relatively aggressive pricing as it will cost TV subscribers between $40 and $70 per month and deliver speeds of 5 to 10 Mbps but will have data caps. The new service will be available across the country, but will be targeted at rural areas which have poor broadband availability. At the present time, Dish offers more expensive services in its partnership with ViaSat, Inc. (NASDAQ:VSAT). Competitor DirecTV (NASDAQ:DTV) intends to offer nationwide broadband in the first quarter.
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Sharp Corp. Ltd. (SHCAY.PK) might yet survive as two principal lenders, Mizuho and Mitsubishi, have approved a ¥210 billion, or $2.7 billion, rescue for the struggling company, according to Reuters. For its part, Sharp will offload overseas TV factories and shut solar-panel operations in the United States and in Europe.
Google’s (NASDAQ:GOOG) Brazil operations chief has been retained there because the firm did not obey a court order to remove YouTube videos that were said to criticize a local candidate for election. In addition, Google faces penalties if it doesn’t take the “Innocence of the Muslims” video off of YouTube in that country.
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