Apple, Comcast Taking on Netflix

    LOS GATOS, CA - JANUARY 22:  A sign is posted in front of the Netflix headquarters on January 22, 2014 in Los Gatos, California. Netflix will report fourth quarter earnings today after the closing bell.  (Photo by Justin Sullivan/Getty Images)

    Justin Sullivan/Getty

    The most profitable tech company and the largest cable company are in talks to create a new streaming-television service. The new service would use Apple's set-top box and a special service from Comcast to get around congestion on the Internet. If successful, users of the service would not deal with bumps in service or buffering, essentially making it the same in quality as cable's regular TV transmissions. The two sides are talking but not yet close to a deal, according to reports.

    Read it at The Wall Street Journal