Exclusive: Instacart Cuts Staff, Curbs Hiring in Run-up to IPORead Now

Comcast CEO Brian Roberts. Photo by Bloomberg.

As TV Battles Heat Up, Comcast Launches New Web Delivery Service

Photo: Comcast CEO Brian Roberts. Photo by Bloomberg.

As regulatory battles and mega-mergers roil the media business, Comcast is preparing to offer a new service for Web content companies that will enable them to bypass network middlemen and deliver their services directly to Comcast Internet customers.

The new service allows companies publish their content inside of Comcast’s network so that it is closer to Internet subscribers, something they haven’t been able to do in the past. John Schanz, Comcast’s chief network officer, said in an interview that the offering is currently being tested with some customers and is expected to roll out broadly if all goes well.

Comcast’s initiative could have implications for hundreds of websites, ranging from video services like Netflix and Google’s YouTube to Sony’s gaming network and security software providers like Symantec, which often ask customers to download big software updates. It also will put pressure on the multi-billion-dollar content-delivery-network industry, which helps Web content companies deliver their videos or software to Internet service providers.

Comcast’s effort comes amid upheaval and consolidation in the TV business, driven in part by the emergence of the Internet as a dominant medium for video distribution. AT&T’s agreement to acquire DirecTV, announced Sunday, reflects a scramble by big companies to bulk up for a new era in which scale will be crucial for negotiating the best deals with TV networks. At the same time, federal regulators are considering whether so-called “net neutrality” rules are needed to govern how companies like Comcast and AT&T manage Internet traffic on their networks.

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive startups
Instacart Cuts Staff, Curbs Hiring in Run-up to IPO
Instacart CEO Fidji Simo. Photo by Bloomberg.
Instacart has been letting go of staff, slowing hiring and curbing other expenses as it heads toward a public listing, when the grocery-delivery company will try to convince public investors that it can maintain its growth—and make a profit—as the economy slows. The San Francisco startup over the last two months has fired some of its more than 3,000 workers after holding midyear...
Latest Briefs
 
Twitch’s Creators Chief Departs Amid Payout Cutbacks
Amazon Informs Employees It Miscalculated Raises
Google CEO Addresses Employee Questions about Cost-Cutting
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Data Point startups venture capital
Venture Firms’ $290 Billion ‘Dry Powder’ is About to Revive Startup Funding
Startup founders should expect a tidal wave of venture capital interest next year as a record level of dry powder pressures VC funds to step up their investment pace, according to a new analysis of these cash reserves.
Illustration by Matheus Costa.
apple crypto
How Apple’s App Store Policies Squeeze NFT Startups
Non-fungible tokens, like much of the crypto world, are in regulators’ and lawmakers’ crosshairs.
Exclusive amazon entertainment
Netflix’s New Ad Chief Has an Appetite for Danger
Before Netflix hired Jeremi Gorman as its new advertising chief to bring growth back to its struggling business, Gorman had compiled a colorful résumé of professional and personal accomplishments.
Art by Mike Sullivan
True Value google amazon
The Haziness in Microsoft’s Cloud Numbers
Here’s a quick question for enterprise software acolytes out there: which tech giant is bigger in cloud, Microsoft or Amazon?
Patrick Collison. Photo by Getty Images.
Exclusive startups venture capital
Stripe’s Early Stock Awards Could Spur IPO Plans
Stripe founders John and Patrick Collison have indicated the payments software pioneer, valued in its last fundraising at $95 billion, is in no rush to go public.
Art by Clark Miller
The Big Read crypto
‘What Am I Going to Do Now?’: Fired Crypto Workers Weigh Life After the Boom
On July 14, James Hu was sitting in his “fabulously expensive” apartment in Williamsburg, Brooklyn.