Telecommunications firms Verizon and SBC Communications, which are preparing to launch Internet-based video services, argued for looser regulations for such expanded services at a hearing Wednesday before the House Subcommittee on Telecommunications -- "The FCC and Congress have so far employed a light-touch approach to regulating the Internet and IP-based services," testified SBC senior executive vice president Lee Ann Champion. "We are not building a cable network, nor do we have any interest in being a cable company offering traditional cable service. Instead, we intend to offer customers a new total communications experience." Later this year, Verizon plans to launch an Internet-based TV service called FiOS TV, which it hopes to offer to 3 million homes by the end of the year. It has already signed up NBC Universal and Starz to provide content for the service. SBC has invested $4 billion in its Project Lightspeed, which aims to deploy services including IPTV to 18 million households in 13 states within three years. The hearing on new technologies was scheduled as Congress examines new legislation that would update the Telecommunications Act of 1996 to account for new technologies.
The wearable technology sector growth was largely a story about the smartwatch: a premium product anchored around a single wrist, sold at a steep price, and adopted primarily by the health-conscious and the tech-savvy. That narrative is now changing in ways that are genuinely interesting to anyone tracking the intersection of Applied-AI, consumer electronics, digital health, and connectivity infrastructure. The latest worldwide market study by ABI Research offers a timely and data-rich window into just how fast that transformation is unfolding. Wearables Market Development Wearable device shipments are projected to grow from 402.96 million in 2026 to 544.08 million by 2031, as vendors broaden access to advanced health, fitness, and connectivity features at more affordable price points. That is not incremental growth; it represents a meaningful expansion of who is wearing smart technology and why. Equally compelling is the revenue picture: the category is expected to generate $44.22 bil...