Verizon to shut down FiOS1 News channel... Verizon plans to shut down its local television news channel, FiOS1 News, a company official said Monday. "Later this year, Verizon will no longer be offering FiOS1 News," said spokesman Tony McNary.
Verizon cutting about 800 jobs in troubled media business... NEW YORK (AP) - Verizon is cutting about 800 jobs, or 7 percent of its media and advertising employees, as it reorganizes the troubled division. The wireless company had hoped to create an ad business that could compete with Google and Facebook. It spent
Verizon stops activating 3G phones... Verizon is no longer activating phones that aren't 4G LTE-capable. Recently, a few readers told Droid Life that Verizon had declined their requests to activate 3G devices, and the carrier has now confirmed that this will be the policy going forward...
Verizon cancels plans to create its own TV streaming service... The company will instead integrate its own content with an existing service.In mid-January, a report popped up claiming that Verizon was working on its own Internet-based TV streaming service to compete with the likes of Sling TV, PlayStation Vue, and oth