Here are the editor's top picks for the week.
Analysts urge long-term view of Facebook amid stock rout
Facebook Inc.'s second-quarter earnings results triggered a stock sell-off July 26 that wiped out billions in the company's market value, but several analysts called the response an overreaction given the company's long-term potential. Facebook's shares plunged nearly 19% to close at $176.26 on July 26, wiping out more than $100 billion in the company's public market value.
AT&T to green-light more projects in HBO pipeline as part of higher spending
Under the aegis of AT&T Inc., HBO (US) expects to benefit from increased spending on original programming and from more points of distribution. John Stankey, the AT&T veteran who is now serving as CEO of what is being called WarnerMedia following the June completion of the telco's acquisition of Time Warner Inc., told analysts on AT&T's July 24 earnings call that the goal is to give the HBO team "the resources to green-light additional projects already in the development funnel."
Data Dispatch: Analysts look for updates on Verizon's CEO-elect, AT&T's legal strategy
As the biggest U.S. communications companies report quarterly financial results, analysts will be looking for updates on firms' evolution strategies, both in terms of M&A activity and new network deployments.
Alaska gets creative in connecting its communities
One major telecommunications provider in Alaska in part credits assistance programs from the Federal Communications Commission with helping them innovate. The advancements have led to new services like telemedicine.
Big Ten Network chief warns of Comcast blackout as carriage deadline approaches
Carriage deals for BTN (US) and Big Ten Conference football games on FOX Sports 1 (US) expire Aug. 31. Comcast Corp. said it is communicating with the network about continuing the carriage.