Techmeme
October 24, 2016, 8:30 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 …
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.
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.
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 …
Brendan I. Koerner / Wired:
Inside the discovery, investigation, and attempted mitigation of the devastating OPM breach last year  —  The US OFFICE of Personnel Management doesn't radiate much glamour.  As the human resources department for the federal government, the agency oversees the legal minutiae of how federal employees …
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.
Bloomberg:
TD Ameritrade and Toronto-Dominion Bank to acquire Scottrade for $4B  —  Acquisition would combine two of the largest online brokerages  —  Industry has been facing pressure from lower trading volumes  —  TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank …
More: Reuters and StreetInsider.comTweets: @sspencer_smb

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Harry McCracken / Fast Company: