Verizon's McAdam says it is plotting a move into the online video market

Verizon (NYSE: VZ) CEO Lowell McAdam told investors on Thursday during the Goldman Sachs Communicopia conference in New York that it plans to enter the burgeoning online video services race. The service provider already has two key elements in place to make such a move: the OnCue assets it acquired from Intel in January and the interest of major content owners that want to support online video services. Read more