People are pulling the plug on cable television by the hundreds of thousands

People are pulling the plug on cable television by the hundreds of thousands. Comcast’s Q2 2012 earnings show the cable company is relying heavily on its high-speed Internet service subscribers. Though the cable giant reports a total Q2 increase in customers of 138,000; the cable company also lost a massive 395,000 television subscribers in the last year. …

Twitter now has more than half a billion accounts worldwide

A milestone for Twitter today, according to the Paris-based analyst group Semiocast. The social network has now passed the half-billion account mark — specifically 517 million accounts as of July 1, 2012, with 141.8 million of those users in the U.S., still about half as many users as Facebook has but positioning it as the second-biggest …

Apple, Amazon, & Microsoft build data centers around dirty energy

The current explosion in cloud computing offered by major IT companies is driving significant new demand for dirty energy like coal and nuclear power, according to a new report from Greenpeace International. The report, “How Clean is Your Cloud?” shows a growing split within the tech industry between companies that are taking steps to power …

Gas prices have peaked – $3.70+ is the new normal

This year’s surge in gasoline prices appears over, falling short of the record highs some had feared heading into peak summer driving season. Prices have held at a national average of $3.92 a gallon the past week, below 2011’s $3.99 high and July 2008’s record $4.11. “By the behavior of the market, things are just …