After making its debut in July of 2013 at a $15,000 price point, LG has been gradually cutting the cost of its curved-screen 55-inch OLED HDTV. The price was first reduced to $6,999 back in February, and now the 55EA9800 will retail for $4,999, a whopping 67 percent discount off of its initial price.
AT&T and DirecTV have announced plans to merge. The $48.5 million deal has been approved by both companies' board of directors and will allow AT&T to buy the satellite service in a stock-and-cash transaction for $95 per share.
In the company's recent Q1 2014 earnings report to its shareholders, Netflix has detailed several interesting new developments. Along with impressive growth and profit stats, the streaming service also unveiled plans to increase its current monthly fee and extend its support for cable box DVRs to the US.
LG has announced the release of its Connect SDK (software development kit). The open source software is designed for Google Android and iOS developers, giving them more options to connect mobile devices and apps to large screen TVs.
Rumors about the LG G3 have been swirling for several months, and now it looks like the company has finally confirmed one oft-speculated feature. According to Engadget, the G3 will indeed use a 2560 x 1440 display.