Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
AT&T Inc. CEO Randall Stephenson got some bad news on Monday, Nov. 6, about his pending acquisition of Time Warner Inc. at just about the same time CNBC reported that Walt Disney Co. executives had been talking to counterparts at Twenty-First Century Inc. about a huge, industry-altering deal to buy most of its TV and movie businesses.
Republicans Try to Block Moore's Path as Candidate Denies Sexual Misconduct - WASHINGTON - Senate Republicans scrambled on Friday to find a way to block Roy S. Moore's path to the Senate, exploring extraordinary measures to rid themselves of their own Senate nominee in Alabama For Alabama Women, Disgust, Fatigue and a Sense Moore Could Win Anyway - VESTAVIA HILLS, Ala. - Sallie Gunter, 61, a freelance court reporter, was having breakfast with her friend Lisa Hicks, 44, a legal assistant, at Panera Bread when the subject of Roy S. Moore came up.
Republicans Try to Block Moore's Path as Candidate Denies Sexual Misconduct - WASHINGTON - Senate Republicans scrambled on Friday to find a way to block Roy S. Moore's path to the Senate, exploring extraordinary measures to rid themselves of their own Senate nominee in Alabama For Alabama Women, Disgust, Fatigue and a Sense Moore Could Win Anyway - VESTAVIA HILLS, Ala. - Sallie Gunter, 61, a freelance court reporter, was having breakfast with her friend Lisa Hicks, 44, a legal assistant, at Panera Bread when the subject of Roy S. Moore came up.
AT&T is gearing up for a potential legal battle with the federal government over the company's planned takeover of Time Warner, reports the Los Angeles Times . That's according to Randall Stephenson, CEO of the telecommunications giant, who said so during a speech at the New York Times' DealBook Conference on Thursday.
There are many fine reasons for the Department of Justice to act against the impending $85 billion merger of AT&T and Time Warner. It would further tighten corporate control of internet, cable and telecommunications at a time when less consolidation is needed to ensure diversity and access.
The proposed AT&T-Time Warner deal is hanging in the balance, but another major media merger appears poised for approval -- though not necessarily on schedule. Sinclair Broadcast Group, the largest owner of local television stations in the country, is bidding to become even bigger with a $3.9 billion acquisition of Tribune Media.
Wireless carriers Sprint and T-Mobile called off a potential merger, saying the companies couldn't come to an agreement that would benefit customers and shareholders.
However, CADE's approval does not require the sale or divestiture of any AT&T or Time Warner assets. It had previously been feared that AT&T may have been forced to divest its lucrative Brazilian pay-TV business, Sky Brazil, in order to force the deal through.
Japan's SoftBank has reached a broad accord to merge its US subsidiary Sprint with T-Mobile AFP/KAZUHIRO NOGI TOKYO: Japan's SoftBank has reached a broad accord to merge its US subsidiary Sprint with T-Mobile to create a rival to America's top two wireless carriers, a newspaper said Saturday. SoftBank and German group Deutsche Telekom, which holds 64 percent of T-Mobile, are considering a stock swap for the deal, which could be announced as early as this month, the Nikkei daily said.
AT&T's Time Warner merger talks with the U.S. Department of Justice are making headway despite the Senate's failure to confirm an antitrust chief for the agency and President Donald Trump's previous opposition to the deal. According to a report in the Wall Street Journal , discussions between AT&T and the DOJ have reached an "advanced stage."
Democratic Senator Elizabeth Warren put a "hold" on the confirmation of Makan Delrahim, President Donald Trump's nominee to run the Justice Department's antitrust division, delaying a vote until at least September, according to two people familiar with the matter. The delay means Delrahim remains on the outside as Justice Department lawyers wrap up their investigation of AT&T Inc. and Time Warner Inc.'s proposed $85.4 billion merger and start early talks with company representatives about possible conditions that could secure approval. AT&T's bid for the owner of CNN and HBO would reshape the media landscape and has drawn fire from Trump.
House Speaker Paul Ryan dismissed talk of a Democratic takeover of Congress in 2018 Friday morning in an interview with conservative radio host Hugh Hewitt. "It's clearly my hope that he does.
Senate Republican leaders Senator Roger Wicker, John Barrasso, Senate Majority Leader Mitch Mc Connell and Senate Majority Whip John Cornyn take questions from the media regarding the upcoming budget battle on Capitol Hill In a big blow to the privacy of American internet users, President Donald Trump has signed a resolution to repeal the FCC rules that forced the ISPs to seek customers' consent before selling their browsing information. Lawmakers voted March 30 to overturn Federal Communication Commission rules that would have required Internet service providers to get customers permission before collecting data on web-browsing and app usage.
The wireless carrier's CFO indicated that merging with a cable provider would be preferable to consolidating with a wireless competitor. , after regulators indicated that they would block such a deal.
AT&T Inc. and Time Warner Inc. promised lawmakers who criticized their planned merger that the combined company wouldn't withhold programming from rivals to gain a market advantage. "Restricting distribution of Time Warner content would not only sacrifice revenues, but also damage Time Warner's reputation and relationships in the entertainment industry," the companies told the lawmakers, according to a summary released by AT&T and Time Warner.
He's promising sweeping reforms including repealing the Affordable Care Act , reforming the country's trade practices, tax cuts and infrastructure spending. Since many of Trump's policies are still undefined, it's not clear what the impact to the economy will be.
DEAL MAKER : As Donald Trump prepares to take office, one of the big questions hanging over the media industry is whether AT&T's proposed purchase of Time Warner Inc. will receive approval. As The Wall Street Journal reports, AT&T Chief Executive Randall Stephenson headed to Trump Tower on Thursday morning to meet with the president-elect , who vowed before the election to block the $85 billion deal.
Republicans poised to control the Federal Communications Commission next month said they'd revisit the net neutrality regulation "as soon as possible," laying out plans to address a rule they've opposed and that Democrats support. The statement Monday from Commissioners Ajit Pai and Michael O'Rielly indicates that opponents of the rule such as top broadband providers AT&T Inc. and Comcast Corp. may not need to wait for Congress to grapple with the regulation that requires equal treatment of web traffic.
After all the shouting this election season, perhaps it's no wonder AT&T CEO Randall Stephenson is proposing a tone-deaf $85.4 billion megamerger with Time Warner. On paper, the deal may have seemed like a shoo-in -- after all, the Department of Justice approved a similar merger between Comcast and NBC Universal in 2011.
" The Senate Judiciary Committee will hold a hearing in December on the proposed $85 billion merger of communications giants AT&T and Time Warner. The Republican and Democratic leaders of the panel announced Thursday that the Dec. 7 hearing will focus on the planned merger's impact on consumers.