Technology

Charter urges Time Warner shareholders to reject Comcast merger deal

Charter Communications Inc. has urged Time Warner Cable shareholders to reject their company's $45 billion merger deal with Comcast.

In a proxy statement filed with the Securities & Exchange Commission (SEC), Charter pointed out the risk of regulatory rejection of the proposed merger deal, potential delays and costs associated to the merger, made it in their interest to reject the deal.

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Bill seeks improvement in U.S. auto industry’s reporting of safety issues

Two U. S. senators on Tuesday proposed legislation that aims to improve the auto industry's reporting of safety issues by requiring automakers to disclose more information about deadly crashes.

Senators Edward Markey (D-Mass.) and Richard Blumenthal (D-Conn.) said the bill would require automakers to give regulators more information about fetal accidents involving their vehicles. It addition, it would force the government to make that information more readily available to the public.

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Pandora hikes price of ad-free service by $1

New PandoraOne subscribers will have to pay more to enjoy the ad-free music service starting May this year, Pandora Media Inc declared on Tuesday.

Pandora on Tuesday announced that it would charge $4.99 per month from new users of its ad-free PandoraOne service, up $1 a month from existing fee. Existing subscribers will continue to pay $3.99 a month for the service.

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WhatsApp won’t compromise on users’ privacy: Jan Koum

WhatsApp CEO Jan Koum has assured that the standalone messaging app will not change its values and compromise on its users' data even after the app's acquisition by Facebook.

Koum stressed that if partnering with the world's biggest social-networking site would have meant that WhatsApp had to change its values, it would not have entered the deal.

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Ford shifts medium duty trucks’ production from Mexico to Avon Lake plant

American automobile giant Ford Motor Co. on Friday announced its new line of F-650 and F-750 medium duty trucks that will roll out from the company's Ohio Assembly Plant in Avon Lake, west of Cleveland.

Ford is shifting production of its medium duty trucks from Mexico to its Avon Lake plant as a result of its collective bargaining agreement made in 2011 with officials of Ohio Assembly Plant and United Auto Workers Union.

The auto giant is investing $168 million to shift production of the medium duty trucks from Mexico to the Avon Lake plant.

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