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October 23, 2016, 8:10 PM
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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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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: @brianstelter, @modestproposal1, @eli_kurland, @asharma, @mollywood, @pkafka and @stevetobak
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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New York Times, CNNMoney, TechCrunch, CNNMoney, ITworld.com, NPR, CNET, Mashable and VentureBeat. Tweets: @richbtig. 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.| 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: @tomgara, @maliciouslink, @josephfcox, @spacekatgal, @lorenzofb, @jjarmoc, @matthew_d_green, @munin, @mattblaze, @erratarob, @erratarob, @seldo, @gabrielsnyder, @mattdpearce, @beep, @zeynep, @dguido, @ericskinner, @matthew_d_green, @xor, @trevortimm, @angadc, @fightfortheftr, @sub8u, @fightfortheftr, @wilw, @marshray, @thegrugq, @thegrugq, @erratarob, @peterwsinger, @erratarob, @theregister, @theregister, @gossithedog, @theregister, @ericgeller, @erratarob, @profjeffjarviss, @dyn, @boxhq, @braddjaffy and @wired
See also Mediagazer| Michael Kan / Computerworld: |
Xiongmai admits its products were part of Mirai botnet, says it patched the flaws in Sept. 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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Motherboard, TechHive and Fortune
| Andrew Liptak / The Verge: |
WSJ: Samsung's rushed replacement of Galaxy Note7 before finding the root cause of fires doomed the smartphone — Samsung still doesn't know what is causing the Note 7 to catch fire — Samsung continues to deal with the aftermath of its decision to eliminate its Galaxy Note 7 phone.
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Wall Street Journal, Engadget and U.S. Consumer Product …
| 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
| Alex Kras: |
Google AMP accused of stealing publishers traffic, by directing search traffic to cached snapshots of sites at Google-hosted URLs — I run my blog on WordPress with a custom theme. 6 month ago I've added support for Accelerate Mobile Pages (AMP) in order to provide better user for mobile devices.| 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’.
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Seeking Alpha, Chinatopix and CCTV News
| 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
| 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.
Tweets: @gerrymcgovern, @fheinz, @aardrian, @katebevan and @edd
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