Techmeme
October 23, 2016, 4:30 PM

Top News

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 …
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 …
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 …
More: Dyn Content Hub, PCWorld, Politico, Flashpoint, BBC, Cloudmark Security Blog, CNNMoney, International Business Times, Observer, Wall Street Journal, Bloomberg, New York Times, Defense One, Krebs on Security, Bloomberg, GeekTime, Network World, Mashable, Washington Post, Beyond Bandwidth, Digital Trends, Gizmodo, New York Times, Wired, Schneier on Security, NBC News, Motherboard, TechHive, Fortune, InfoQ, Associated Press, Quartz, Adweek, New York Times, ZDNet, Computerworld, TechCrunch, TechNewsWorld, Dyn, Inc. Status, Recode, Denver Post, Office of Inadequate Security, Two-Factor Everything, Gizmodo, Nextgov, eWeek, Dyn, Inc. Status, AOL, SlashGear, AppleInsider, MIT Technology Review, Tech Times, MacDailyNews, Hacker Noon, CNBC, The Atlantic, The Hacker News, Silicon Republic, Gizmodo, Forbes, Guardian, CNET, The Register, Reuters, Popular Mechanics, Ars Technica, TIME, Newser, Engadget, CNET, USA Today, Tom's Hardware, NPR, Forbes, Telegraph, Facebook, Startup Grind, Android Central, The Next Web, Silicon Valley Business …, GeekWire, The Daily Caller, TechCrunch, Malwarebytes Labs, The Next Web, Macworld, The Verge, CBS News, theWHIR.com, Engadget, Salon, destructoid, Business Insider and Tom's Guide See also Mediagazer
Sijia Jiang / Reuters:
Chinese tech giants bet on “Uber for bikes”: Ofo raised $130M, while MoBike raised $100M according to sources  —  China's tech industry giants are sloughing hundreds of millions of dollars into what they're betting will be the country's next big internet craze - ‘Uber for bikes’.
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 …
Kurt Wagner / Recode:
Tinder plans to double its workforce in the next 12-18 months and open a small satellite office in Silicon Valley, says CEO Sean Rad  —  Tinder is coming to Silicon Valley to recruit.  —  It's a match!  —  After spending its first four years exclusively in West Hollywood …
Harry McCracken / Fast Company:
David Bunnell, founder of PC Magazine, PC World, and Macworld, and a social activist, died Tuesday in Berkeley, CA, at age 69  —  The founder of PC Magazine, PC World, and Macworld was an entrepreneur who thought like a social activist.  —  In 1973, a former schoolteacher named David Bunnell got …

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