Online-streaming service Aereo Inc. is temporarily closing down its operation, three days after it was dealt an unfavorable ruling by the U.S. Supreme Court. Aereo's Chief Executive Officer Chet ... more 
Online-streaming service Aereo Inc. is temporarily closing down its operation, three days after it was dealt an unfavorable ruling by the U.S. Supreme Court. Aereo's Chief Executive Officer Chet Kanojia wrote in a letter to customers posted on its website Saturday,"We have decided to pause our operations temporarily as we consult with the court and map out our next steps." The Supreme Court ruled that Aereo's service violates copyright law unless the company pays broadcasters licensing fees for offering TV stations to customers' tablets, phones and other gadgets. less 
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Sat, Jun 28, 2014 2:50 PM EDT