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October 24, 2016, 1:25 AM
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| AT&T: |
AT&T announces a half-stock, half-cash deal to acquire Time Warner, valuing the company at $85.4B — - New company with complementary strengths to lead the next wave of innovation in converging media and communications industry. —Combination unlike any other …
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Tweets: @toddjolmstead, @stevesi, @dkberman, @trengriffin, @matthewstoller, @danprimack, @counternotions, @fmanjoo, @wsj, @jbflint, @keachhagey, @edmundlee, @stevesi, @mathewi, @scottmaustin, @kenli729, @mattzeitlin, @richbtig, @dangillmor, @brianstelter, @om, @tomgara, @adamjohnsonnyc, @mattzeitlin, @maxjrosenthal, @pkafka, @gerryfsmith and @dangillmor
See also Mediagazer| New York Times: |
AT&T-Time Warner deal will likely face tougher regulatory scrutiny and higher political hurdles than earlier Comcast-NBCUniversal deal — A cable and internet provider decides to buy an entertainment conglomerate. — The merger is met with skepticism by industry analysts and outrage …
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CNNMoney, New York Times, TechCrunch, CNNMoney, Network World, NPR, CNET, Mashable, Reuters and VentureBeat
Tweets: @reuterstech, @richbtig and @movieelijahwood
See also Mediagazer| Peter Kafka / Recode: |
Why AT&T would want to buy Time Warner: content packaged with data connections, a shrinking DirecTV business, and competition with Verizon, Facebook, and Google — AT&T CEO Randall Stephenson is busy, so we'll answer for him. — More than 16 years ago, AOL bought Time Warner for $160 billion …
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Tweets: @harrymccracken, @modestproposal1, @pkafka, @brianstelter, @eli_kurland, @asharma, @mollywood, @pkafka and @stevetobak
See also Mediagazer| Kara Swisher / Recode: |
Resistance from Time Warner execs like Jeff Bewkes, head of HBO at the time, doomed the AOL merger, which raises questions about the prospects of the AT&T deal — The 2000 merger with AOL made Time Warner CEO Jeff Bewkes nauseated, so what's different now? — In the end, I guess you could finally say Steve Case was right.
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New York Times, Quartz and Recode
Tweets: @lpolgreen, @reddy and @borthwick
See also Mediagazer| Brian Krebs / Krebs on Security: |
Researchers: Friday's internet outage, caused by DDoS attack on DynDNS, was powered in part by a Mirai-based botnet of DVRs and cameras with Xiongmai components — A massive and sustained Internet attack that has caused outages and network congestion today for a large number of Web sites …
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Tweets: @nicoleperlroth, @tomgara, @maliciouslink, @josephfcox, @spacekatgal, @lorenzofb, @jjarmoc, @matthew_d_green, @munin, @mattblaze, @erratarob, @erratarob, @seldo, @gabrielsnyder, @mattdpearce, @beep, @zeynep, @dguido, @matthew_d_green, @ericskinner, @xor, @trevortimm, @angadc, @fightfortheftr, @sub8u, @fightfortheftr, @wilw, @marshray, @thegrugq, @thegrugq, @erratarob, @peterwsinger, @erratarob, @theregister, @theregister, @gossithedog, @theregister and @ericgeller
See also Mediagazer| Michael Kan / Computerworld: |
Xiongmai admits its products were part of Mirai botnet, says it patched the flaws in September 2015 but older devices still vulnerable — Botnets created from the Mirai malware were involved in the cyberattack — A Chinese electronics component manufacturer says its products inadvertently played …
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Tech Times, Motherboard, TechHive and Fortune
| Wall Street Journal: |
Samsung's rushed replacement of Galaxy Note7 before finding the root cause of fires doomed the smartphone — On the verge of challenging Apple's mobile phone dominance, the South Korean company made a rushed decision, based on incomplete evidence, that later forced it to kill the model.
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The Verge, Gizmodo, CNET, Android Central, SamMobile, U.S. Consumer Product …, Engadget and Mashable
Tweets: @kyliu99 and @harrymccracken
| Lorenzo Franceschi-Bicchierai / Motherboard: |
How hackers used malicious short URLs hidden in fake Google emails to break into John Podesta's and Colin Powell's Gmail accounts — On March 19 of this year, Hillary Clinton's campaign chairman John Podesta received an alarming email that appeared to come from Google.
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Esquire, ResearchBuzz, Wired, Engadget, The Daily Caller and Ars Technica
| David Henry / Reuters: |
19 US banks to offer a money-transfer app Zelle with instant deposits by early next year, to compete against PayPal, Venmo, and Square Cash — By the end of December some U.S. bank customers may begin to notice features of the new Zelle instant payments network appearing on their mobile phone …
| Kevin Marks / Backchannel: |
How a design trend to reduce the contrast between text and its background, driven by Apple's and Google's guidelines, is making text harder to read online — I thought my eyesight was beginning to go. It turns out, I'm suffering from design. — It's been getting harder for me to read things on my phone and my laptop.| Marshall Honorof / Tom's Guide: |
Roku Ultra review: the best streaming media player thanks to unparalleled 3,500 channel selection, 4K, HDR, Dolby Digital audio support, USB connectivity, more — The Roku Ultra claims to have it all, and the device really delivers. You want 4K resolution, HDR support, digital audio …
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HD Report, PC Magazine, Pocket-lint and HD Guru
| Matthew Monks / Bloomberg: |
Sources: TD Ameritrade and Toronto-Dominion Bank to acquire Scottrade for $4B; announcement may come on Monday — Deal would combine two of the largest online brokerages — Toronto-Dominion Bank said to acquire banking operations — TD Ameritrade Holding Corp. and its largest stakeholder …
Tweets: @sspencer_smb
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