Akamai Technologies (AKAM) is renegotiating contracts with key customers to account for declining media traffic — a factor in lowered current-quarter revenue guidance, says Pacific Crest Securities in a research report. Cambridge, Mass.-based Akamai’s content delivery network (CDN) speeds up video streaming, e-commerce transactions and business software downloads over the Internet. Akamai stock is down 16% in 2015 and off 32% since touching a
Solar panels now won’t deliver nearly as good a return on investment in Nevada, where the axe has just fallen on net metering. Regulators there voted late Tuesday to slash the rate that solar households and businesses get for selling energy to utilities. The battle pitted companies helmed by billionaires Warren Buffett and Elon Musk against each other, left solar companies threatening to pull out of Nevada, and could result in
Alphabet’s (GOOG) YouTube, excluded from the T-Mobile US Binge On video service — for technical reasons — has stepped up its criticism of that free streaming offering. YouTube’s concern is that T-Mobile (TMUS) now automatically resets all wireless video streaming, including YouTube’s videos, to DVD-quality, which is lower than HD-quality streaming, unless customers manually opt out of the Binge On service, says a Wall Street Journal report.