Aereo's long-shot gamble; SureWest, Consolidated CFOs to run transition team for merger

More news from Fierce:      

> The chief financial officers of SureWest CFO Dan Bessey and Consolidated Communications CFO Steve Childers have been named transition officers as the merger of the two companies moves forward. Article

> Aereo's chance at success? Slim and none. Article

> 140 Proof has rolled out in-app videos for Facebook and Twitter. Article

> Promise DVR allows users to record 10,000 hours of programming from Freeview. Article

> The future of a Muslim lifestyle television station that survived its founder's murder conviction is again in question after Verizon FiOS decided to drop it from the lineup. Article

> Cross River Fiber, a dark fiber provider, is driving more of the low latency networking craze by providing what it claims to be the shortest route between 1400 Federal Boulevard in Carteret and 165 Halsey Street in Newark, N.J. Article

> Cisco has agreed to pay $271 million in cash for optical interconnect company Lightwire, as it positions itself to better meet data-centers and service providers high-speed networking needs. Article

> Buoyed by strong gains in consumer triple play and managed business services, TDS Telecom's operating revenues increased 4 percent to $206.8 million in the fourth quarter of 2011. Article

> Greenbay, Wisc.'s WBAY, Channel 2, is warning TV viewers that it could be locked out of the Time Warner Cable system at midnight Wednesday if its parent company does not reach an agreement with the cable company. Article

> TW Cable is giving usage-based billing another try, as the company announced on its blog Monday. Article

> French-headquartered STB, cinema technology, DVD replication services and technology group Technicolor reported group revenues from continuing operations down 3.5 percent to EUR 3.45 billion in 2011. Its connected home business saw a significant fall in revenues in the fourth quarter of 2011, compared to the year-earlier period. Article

And finally... An Iowa woman has saved a Chicken Nugget that she said looked like George Washington in her refrigerator for more than three years. Even scarier? She's got it up on eBay, and there's already a $100 bid for it. Video