Comcast Abandons $45 Billion Time Warner Cable Merger

(Reuters) – Comcast Corp abandoned its proposed $45 billion merger with Time Warner Cable Inc on Friday, saying the deal had been structured in a way that if the U.S. government didn’t agree, the companies could walk away.

Comcast Faces Hurdles on Time Warner Cable Merger, Internet Rules

Comcast’s transformation from a midsize firm in the early 2000s to a lobbying powerhouse epitomizes how businesses can profit from influence in Washington, but the cable and Internet giant is now facing some resistance from the Obama administration and regulators, the Wall Street Journal reports.

FCC Pauses Clock on Comcast-Time Warner Cable Merger

(Reuters) – The U.S. Federal Communications Commission said on Friday it paused its “shot-clock” on the review of the proposed $45 billion merger between the two largest U.S. cable providers, Comcast Corp and Time Warner Cable Inc.

U.S. Asks Comcast for More Data to Review Time Warner Cable Merger

Pedestrians walk past the Time Warner Cable headquarters in New York February 13, 2014

(Reuters) – U.S. communications regulators on Friday asked Comcast Corp (CMCSA.O) for additional details about its video and broadband operations, including its web traffic management practices, to review the company’s proposed merger with Time Warner Cable Inc (TWC.N).

Protestors: Comcast Not Paying Its ‘Fair Share’

Pennsylvania protestors are taking aim at one of President Barack Obama’s largest corporate supporters for not paying a “fair share” of taxes.

On Sunday, a dozen protestors showed up outside the state capital building in Harrisburg, accusing Comcast and a slew of other major companies of failing to pay enough taxes. The demonstrators chanted “pay your fair share,” in reference to the multi-billion dollar companies tax rate in the state.