Comcast to offer streaming services for $15 a month

(Reuters) – Cable company Comcast Corp said it is beta testing a new cable streaming service called Stream, which will broadcast live TV from HBO and about a dozen other networks for $15 per month. Launching with Boston, followed by Chicago and Seattle, Stream would let Comcast’s Xfinity Internet customers stream live TV over phones, tablets and laptops. (http://comca.st/1HXZAkF) The service, which will be available everywhere in the United States by early 2016, also comes with on-demand movies and recording features, Comcast said

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Tennis-Tennis Australia apologises for putting Tomic in ‘Hall of Shame’

Tennis Australia has apologised for a ‘clerical error’ in a media release that said estranged local player Bernard Tomic was playing in a ‘Hall of Shame’ event against compatriot John-Patrick Smith. The media release said Tomic, who was dumped from Australia’s Davis Cup team after a rant against officials, was playing Smith in the ‘Hall of Shame Tennis Championships’, causing a stir on social media networks.

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Charter’s $56 billion Time Warner Cable deal to face U.S. scrutiny

By Malathi Nayak and Diane Bartz NEW YORK/WASHINGTON (Reuters) – Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp's earlier bid for Time Warner Cable

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Bombing exposes Saudi failure to curb sectarian strains

By Sami Aboudi DUBAI (Reuters) – A suicide bombing in Saudi Arabia as it presses on with its war against Shi'ite fighters in Yemen has exposed the Sunni kingdom's failure to curb sectarianism at home and prompted fears that such tensions can only get worse. Islamic State, which claimed Friday's attack on a Shi'ite mosque, is trying to stir up sectarian confrontation as a way of hastening the overthrow of the ruling Al Saud, and is keenly aware of the war's potential for pitting Sunni against Shi'ite

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Russia should not cut itself off from foreign investment: Putin

MOSCOW (Reuters) – Russian President Vladimir Putin said on Tuesday the country should not cut itself of from foreign investment and technologies. “We should not, on any account, cut ourselves off” from the kind of foreign investment and technology that can drive economic growth, Putin told a conference of business people. After annexing Ukraine’s Crimea region in March 2014, Russia was hit with Western sanctions that limited its access to foreign capital and technologies, especially for the banking, energy and defense sectors

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