Techmeme
October 24, 2016, 1:25 AM

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 …
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 …
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, Android Authority, Cloudmark Security Blog, Tech Times, BBC, Politico, Flashpoint, New York Times, Observer, International Business Times, Wall Street Journal, Softpedia News, Mashable, CNNMoney, GeekTime, Bloomberg, Network World, Beyond Bandwidth, Wired, Defense One, Digital Trends, Bloomberg, Gizmodo, Washington Post, NBC News, Schneier on Security, Fortune, InfoQ, Associated Press, Adweek, ZDNet, Computerworld, Office of Inadequate Security, New York Times, Krebs on Security, TechNewsWorld, Two-Factor Everything, Quartz, Recode, Denver Post, New York Times, TechCrunch, Nextgov, eWeek, AOL, SlashGear, Dyn, Inc. Status, AppleInsider, Hacker Noon, MacDailyNews, Motherboard, NPR, CNET, Dyn, Inc. Status, MIT Technology Review, CNBC, The Hacker News, Silicon Republic, Forbes, Engadget, CNET, Gizmodo, Guardian, TIME, The Atlantic, Reuters, Newser, Popular Mechanics, TechCrunch, Gizmodo, Tom's Hardware, The Register, USA Today, Business Insider, Ars Technica, The Next Web, Startup Grind, Android Central, Silicon Valley Business …, GeekWire, Telegraph, The Daily Caller, Malwarebytes Labs, Macworld, Forbes, Network World, theWHIR.com, Facebook, Vox, Guardian, The Verge and Engadget See also Mediagazer
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.
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 …
More: Recode and Bloomberg
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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Harry McCracken / Fast Company:
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