Techmeme
October 23, 2016, 8:10 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, BBC, Politico, Softpedia News, Flashpoint, Cloudmark Security Blog, International Business Times, Wall Street Journal, Observer, Bloomberg, New York Times, Beyond Bandwidth, GeekTime, Network World, CNNMoney, Wired, Defense One, Mashable, Bloomberg, Digital Trends, Washington Post, Gizmodo, NBC News, Schneier on Security, Fortune, InfoQ, Associated Press, Adweek, Krebs on Security, ZDNet, Computerworld, New York Times, New York Times, TechNewsWorld, Office of Inadequate Security, Quartz, Recode, Dyn, Inc. Status, Two-Factor Everything, TechCrunch, Denver Post, Nextgov, eWeek, AOL, SlashGear, Motherboard, AppleInsider, Hacker Noon, Dyn, Inc. Status, Tech Times, CNBC, MacDailyNews, NPR, MIT Technology Review, Gizmodo, The Hacker News, Silicon Republic, Reuters, CNET, Forbes, Engadget, CNET, Guardian, The Atlantic, TIME, Newser, Popular Mechanics, USA Today, The Register, Gizmodo, Tom's Hardware, Business Insider, Ars Technica, The Next Web, New York Times, TechCrunch, Startup Grind, Android Central, Silicon Valley Business …, Telegraph, GeekWire, Forbes, The Daily Caller, Malwarebytes Labs, theWHIR.com, Macworld, Network World, Facebook, The Verge, Washington Post, Vox, Engadget, CBS News, Salon, destructoid, ZDNet, DSLreports, Ars Technica, The Register, Tom's Guide, CBC News, Gizmodo, Mashable, VG247 and Guardian 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 …
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.
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 …
Tweets: @sspencer_smb

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Harry McCracken / Fast Company:
Avery Hartmans / Business Insider:
Josh Constine / TechCrunch: