Latest Tech News
|AT&T set to announce $85 billion Time Warner purchase - |
By Greg Roumeliotis and Jessica Toonkel NEW YORK (Reuters) - AT&T Inc is set to announce an $85 billion deal to buy Time Warner Inc on Saturday, sources familiar with the matter said, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network in an attempt to appeal to a growing number of online viewers. The biggest deal in the world this year would give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. It would likely face intense scrutiny by U.S. antitrust regulators worried that AT&T might try to limit distribution of Time Warner material.
Sat, 22 Oct 2016 17:11:28 -0400
|WSJ: AT&T will acquire Time Warner for more than $80 billion - Following rumors earlier this week of an imminent deal, The Wall Street Journal is now reporting the AT&T has reached an agreement to acquire Time Warner. AT&T will reportedly pay between $105 and $110 per share for Time Warner, making the deal worth more than $80 billion. Time Warner shares closed at $89.48 on Friday after spiking on rumors that a merger deal with AT&T could be announced as soon as this weekend. According the WSJ , AT&T and Time Warner's boards are meeting this afternoon and the final merger proposal could be announced later on Saturday. DON'T MISS: iPhone 7 Plus vs Google Pixel speed tests: Closer, but Android was still crushed in the end As a result of its acquisition of Time Warner, AT&T will dive headfirst into the entertainment business — Time Warner companies include HBO, CNN, TNT and the Warner Bros. film and TV studio. As WSJ noted, this acquisition will be the largest media deal in years, provided it is approved by regulators. Rumors on Friday suggested that a number of other companies were closely watching negotiations between AT&T and Time Warner, including Apple . Apple had been rumored earlier this year to be considering making a play for Time Warner, and the two companies had even met according to reports that broke late on Friday. Should it be approved, AT&T's acquisition of Time Warner will be its biggest deal since buying BellSouth for $85 billion in 2006. Sat, 22 Oct 2016 15:59:34 -0400|
|AT&T is reportedly in talks to buy Time Warner for $80B - |
Grab some popcorn — AT&T wants to take you to the movies. At least that's the word on Wall Street after several reports citing unnamed sources said the giant phone company is in advanced talks to buy Time ...
Sat, 22 Oct 2016 15:44:31 -0400
|The Tompkins Square Halloween Dog Parade was the best day of my life - |
Ever since I learned about the annual Tompkins Square Halloween Dog Parade in New York City, I knew I would have to make it my life's mission to go someday. How could you go wrong with hundreds of dogs in adorable costumes? Halloween costume choices for humans and dogs alike are telling of the trends and events of that year.
Sat, 22 Oct 2016 15:39:05 -0400
|The best ways to sell your big data projects to the CEO - |
Sat, 22 Oct 2016 14:56:00 -0400