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Public Knowledge files brief in Charter case; Uber selling unit


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Public Knowledge files brief in Charter case; Uber selling unit

Top News

* Public Knowledge filed an amicus brief to reject Charter Communications Inc.'s argument that the First Amendment protects it from lawsuits alleging racial discrimination, according to official blog post. The brief was filed in a suit filed by Entertainment Studios Networks Inc. and the National Association of African American-Owned Media against Charter over claims that engaged in "long-term racial discrimination" in their contracting processes with 100% African American-owned media companies.

* The U.S. college football bowl season brings together 126 schools in 10 conferences find football glory, program recognition, player visibility, and institutional publicity in a unique nexus of capitalism, socialism, media and mysticism.

* Uber Technologies Inc. is selling its U.S. auto-leasing business Xchange Leasing to startup car marketplace, The Wall Street Journal reported, citing sources with knowledge of the matter. While financial terms of the deal remain undisclosed, an Xchange Leasing document compiled for prospective buyers and reviewed by the Journal put the net book value of its more than 30,000 vehicles at about $400 million.


* Alphabet Inc. unit Google Inc. will continue to offer the domain opt-out and AdWords API tools that it agreed to offer to developers as part of commitments to the U.S. Federal Trade Commission in 2012. According to an official blog post, the voluntary commitments are set to expire Dec. 27.

* Facebook Inc.'s messaging platform WhatsApp ended support for older versions of Android, Microsoft Corp.'s Windows Phone 7, Apple Inc.'s iPhone 3GS/iOS 6 and Nokia Corp.'s Symbian S60 operating systems. According to an official post, people will continue to use the service on BlackBerry OS and BlackBerry 10 until Dec. 31, Windows Phone 8.0 and older until Dec. 31, Nokia S40 until Dec. 31, 2018, Android versions 2.3.7 and older until Feb. 1, 2020.

* The Federal Communications Commission approved Energous Corp.'s wireless charging technology for devices. The company's WattUp Mid Field transmitter can deliver power via radio frequency energy to WattUp-enabled electronic devices at a distance of up to three feet, the company said.

TV Networks

* Sony Corp.'s Sony Pictures Television Studios is considering rebooting NBC (US)'s "Mad About You," The Hollywood Reporter reported, citing sources familiar with the matter. Sources said the studio has held informal talks about a potential eighth season but a deal is yet to be finalized.

The day ahead

Early morning futures indicators pointed to a higher opening for the U.S. market.

In Asia, the Hang Seng was up 0.07% to 29,597.66. The Nikkei 225 rose 0.08% to 22,911.21.

In Europe as of midday, the FTSE 100 was up 0.14% to 7,603.56, while the Euronext 100 was down 0.13% to 1,039.67.

On the macro front

The Redbook, Pending Home Sales Index and the Consumer Confidence Index are due out today.

Featured news

The Daily Dose Europe: First 5G specs approved; Ericsson Portugal names new CEO: The 3rd Generation Partnership Project approved the first-ever specifications for 5G cellular technology, while Luis Miguel Silva is stepping in as executive president of Ericsson's Portuguese unit.

The Daily Dose Asia-Pacific: LeEco founder ordered back to China; RCom to exit debt restructuring: China Securities Regulatory Commission issued an order for the return of LeEco Group founder Jia Yueting to China, while Reliance Communications announced its exit from the strategic debt restructuring framework.

The week in OTT: Amazon patents 'AmazonTube'; Monday Night Football on mobile: Inc. may be planning to launch its own video streaming service, while ESPN (US) struck a deal to let users stream Monday Night Football on mobile phones.

Featured research

Economics of TV & Film: Disney-Fox deal: What will the Department of Justice think?: 21st Century Fox Inc.'s asset acquisition by Walt Disney Co. is likely to draw DOJ scrutiny on at least four issues.

Economics of Networks: Databook: Economics of Basic Cable Networks: Table of contents for the edition published in December 2017 in PDF, Excel and PowerPoint summary formats.

The Daily Dose is updated as of 7 a.m. ET. Some external links may require a subscription.