VERIZON EXEC PREDICTS CONSUMERS WILL CUT CORDS TO CABLE

Verizon Communications Inc. Chief Executive Ivan Seidenberg has taken issue with cable company executives who insist that their subscribers are not “cutting the cord” — i.e., dumping their cable subscriptions and accessing video sites on the Internet for their TV shows instead. Speaking at a Goldman Sachs investor’s conference in New York on Tuesday, Seidenberg […]