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COMCAST SETS LIMIT ON USER BANDWIDTH
Comcast said Thursday said that it will update its user agreement Oct. 1 to say that users will be allowed 250GB of bandwidth per month. Customers who go over the limit will be asked to curb their usage, a necessary step to keep the network fast and responsive, Comcast said. The company said the cap is far above the median monthly usage of its customers, which is about 2-3GB. A user could download 125 standard-definition movies before hitting the new limit.
GILLETTE IN EA’S GAME
Consumer products maker Gillette has teamed with Electronic Arts in a push to expand its sports marketing into video gaming. Tiger Woods helps tee off the new partnership as part of a global online games competition that gives winners a chance to play head-to-head against real-life sports stars.
TIVO KEEPS RISING
Shares of TiVo rose 4.4% on Thursday after gaining 5.7% a day earlier as several analysts maintained their bullish ratings on the stock after a strong quarterly earnings report was marred by weak guidance. Analysts at Citi, Soleil Securities and Kaufman Bros. reiterated “buy” recommendations. Stanford analyst Frederick Moran reiterated his “hold” rating, though his $10 price target suggests the stock will climb 20% over the next year.
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