NBC Comcast merger

Comcast got an early Christmas present Thursday, when the Federal Communications Commission chairman approved its huge merger with NBC Universal. The proposal comes with conditions meant to protect net neutrality, but vagueness renders the terms nearly meaningless -- and unlikely to inspire much confidence.

NBC Universal chief Jeff Zucker is leaving the company ahead of its impending merger with cable giant Comcast. Zucker said he made the decision because NBC Universal's new owners "deserve the chance to implement their own vision."