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Timothy B. Lee

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Posted at 03:15 PM ET, 12/12/2012

Google’s Schmidt says Google Fiber a ‘real business’ for the company #thecircuit

Google’s Schmidt says Fiber is not just an “experiment”: Google’s executive chairman Eric Schmidt said Wednesday that the company’s efforts to build 1GB broadband is not just “an experiment” but a “real business and we’re trying to decide where to expand next.”

The company is bringing 1GB broadband to homes and businesses in the Kansas City area (on both sides of the Kansas and Missouri border), and has already begun selling the service to the average consumer.

Schmidt made his comments at The New York Times’s Dealbook conference, where he spoke more broadly about the search for innovation.

Verizon, Redbox best Netflix in price war: The partnership between Verizon and Redbox got a little more interesting as the companies announced Wednesday that they were offering a streaming video service in addition to the physical disk rentals they already offer. The streaming and disk package is currently priced at $6 per month, around $2 cheaper than plans from Netflix, which only offer streaming or disk rentals.

Verizon and Redbox, which is owned by Coinstar, announced their partnership in February.

Dish, Sprint pleased with spectrum decision: Sprint and Dish Networks welcomed the Tuesday night news that the Federal Communications Commission voted to convert some of Dish Network’s spectrum currently used for mobile satellites to terrestrial wireless networks, as GigaOm reported.

The two companies have been lobbying on the issue for about a year. The vote paves the way for the government to auction the spectrum for 4G LTE networks.

Consumer Watchdog calls for hearing on Google taxes:Consumer Watchdog is calling for a Senate hearing into Google’s tax practices, following a Bloomberg report that said the company is using a tax loophole and putting $10 billion in revenue into a shell company in Bermuda.

The consumer advocacy group sent a letter to Sen. Max Baucus (D-Mont.) urging that Google’s executive chairman Eric Schmidt and CEO Larry Page be called to testify on the matter.

Papal tweets just one example of Twitter’s strategy: Pope Benedict XVI spoke to his flock over Twitter Wednesday, but The Washington Post reported that the event — and others like it — are part of a wide-ranging public relations effort by the micro-blogging service.

Twitter staff go around the world to recruit prominent names to the network, grabbing celebrities ranging from Pope Benedict and the Dalai Lama to Neil Young and Steve Carrell. In Twitter’s parlance, they’re known as “high-touch” clients who can drive engagement and are actively recruited by a 20-person staff of Twitter employees.

By  |  03:15 PM ET, 12/12/2012

 
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