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Cable took the hardest blow in the Mayweather-Pacquiao fight
Cable took the hardest blow in the Mayweather-Pacquiao fight

The "Fight of the Century" has ignited a battle between cable giants and upstart live-streaming apps. The conflict centers on video apps such as Twitter's Periscope and rival Meerkat, which allow smartphone users to instantly broadcast anything to anyone, anywhere. Such apps allowed thousands of users to skip the $100 pay-per-view fee for Saturday's bout between Floyd Mayweather Jr. and Manny Pacquiao and watch online for free. After the fight, Twitter Chief Executive Dick Costolo tweeted: "And the winner is … @periscopeco." That poses a serious threat to cable companies that rely on subscribers ponying up big bucks to watch marquee events. The...

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