Splunk’s (SPLK) Q1 earnings, out after the close Thursday, are expected to show that the company has continued to thrive on an ever-rising need for data analytics. The company is the leading provider of machine-to-machine data analytics software, which helps companies locate bottlenecks in their software applications and data networks. A growing number of companies also use the software to find security breaches in their networks. Splunk stock was
CBS (CBS) CEO Leslie Moonves on Wednesday spilled the beans on Apple ‘s (AAPL) widely rumored “skinny bundle” Internet TV service. Speaking at the Code conference in Rancho Palos Verdes, Calif., Moonves said Apple hopes to shake up the pay-TV business by offering a lower-cost service with a limited set of channels, USA Today reported. “Apple TV is trying to change the universe a little bit as did Sling, as did Sony. What Apple will offer … are a more select group (of channels) for a lower price,” Moonves said. It will compete with other Internet TV services like Dish Network ‘s (DISH) Sling TV and Sony’s (SNE) PlayStation Vue. CBS “probably” will do a deal with Apple on Apple TV, Moonves said. He met with Eddie Cue, Apple’s senior vice president of Internet software and services, just last week, Moonves said. Apple has yet to publicly…
Comcast (CMCSA) has competition within the cable TV industry, thanks to Charter Communications’ pending acquisitions of Time Warner Cable (TWC) and Bright House Networks, and their rivalry could play a part in what set-top box, broadband, wireless and other technologies will be offered consumers. On Tuesday, Charter (CHTR) announced it had agreed to buy Time Warner Cable for $56 billion. Comcast pulled the plug on its proposed merger with TWC in