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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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Vox, Wall Street Journal, CNNMoney, ABC News, New York Times, GeekWire, Advanced Television, CNNMoney, Recode, Forbes, Quartz, Fortune, SlashGear, Wall Street Journal, Wall Street Journal, Motherboard, Light Reading, Bloomberg, Bloomberg, eWeek, Home Media Magazine, Tech Times, Tubefilter, Macworld and AppleInsider
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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