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Is Intel Web TV Toast?

Did Intel’s Web TV business just bust before it began? “Sources say the chipmaker is close to a deal to hand over control of Intel Media, the unit that has been trying to build a Web-based subscription TV service, to Verizon,” AllThingsD reports. The two companies are reportedly in advanced negotiations, “but it’s unclear whether Verizon would take control of the entire Intel Media unit, or if Intel would retain a piece of the Web TV project.”

Read the whole story at AllThingsD »

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