VENTURE CAPITAL POST

Comcast confirmed that it had plans to divest 3.9 million subscribers if the merger deal with Time Warner Cable would push through as it still awaiting regulatory approval.

Comcast Corp and Time Warner Cable's merger was backed by Washington Post in an editorial posted Tuesday, reported Reuters.

Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.

San Francisco, US-based sales communication platform ClearSlide landed $50 million in a Series C funding round led by Social+Capital Partnership to provide a service that boosts productivity of salespeople.

US-based company Charter Communications is reportedly preparing to make an official offer to acquire Time Warner Cable for less than $140 per share, according to a news report.

NBC Universal has agreed to buy a minority stake in tech-news site AllThingdD, which is set to be renamed "Revere Digital" this month, according to a Bloomberg report.

US-based processor giant Intel acquired private hackathon organizer Hacker League for an undisclosed amount, in a deal that will merge the latter with Mashery, an Intel company.

Privately held Cox Communications is considering bidding for Time Warner Cable either on its own or as part of a joint bid, The Wall Street Journal reported on Tuesday, citing anonymous sources.

Drayton McLane Jr, Comcast and NBC Universal said that Jim Crane's claim that they cheated him out of the acquisition deal of US professional baseball team the Houston Astros was ludicrous.

Comcast Corp, is currently considering a bid for Time Warner Cable, a deal that would unify the two largest cable providers in the United States - sources.

NBC had cancelled "Welcome to the Family" and "Ironside" after only three episodes.

With a possible loss of USD3 billion and failure in the lower courts, telecommunications companies have gone up to the Supreme Court to decide on the legality of New York based Aereo.

A judge approved the foremost cable systems' plan to sell their spectrum to Verizon Wireless and cross sell their individual wireless and cable plans.

Maker’s Row announced that they were able to raise US$1 million from seed round.

Bharti discussed the sale of its Direct-to-Home unit to Liberty Media.