Google to back broadband venture

Google Inc., Goldman Sachs Group Inc and Hearst Corp are investing about $100 million in Current Communications Group, a start-up that offers high-speed Internet connections over electricity lines, The Wall Street Journal reported on Thursday.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: