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October 24, 2016, 9:35 AM
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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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Tweets: @pkafka, @cnbc, @jyarow, @toddjolmstead, @stevesi, @matthewstoller, @pkafka, @danprimack, @trengriffin, @counternotions, @dkberman, @wsj, @jbflint, @edmundlee, @fmanjoo, @stevesi, @mathewi, @scottmaustin, @kenli729, @mattzeitlin, @richbtig, @tomgara, @adamjohnsonnyc, @mattzeitlin, @keachhagey, @maxjrosenthal, @dangillmor, @om, @brianstelter, @pkafka, @gerryfsmith and @dangillmor
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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Reuters, Macworld, Politico, Bloomberg, CNNMoney, New York Times, CNNMoney, Washington Post, Wall Street Journal, TechCrunch, CNET, NPR, Mashable, VentureBeat, TechEye and CNBC
Tweets: @cnbcnow, @movieelijahwood, @reuterstech and @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.
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New York Times, Quartz, Recode, CNNMoney, Forbes, Recode, Fortune and Recode
Tweets: @lpolgreen, @heyadamcrouch, @reddy, @borthwick, @seldo, @yusufomarsa, @harrymccracken, @modestproposal1, @eli_kurland, @mollywood, @pkafka and @stevetobak
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.
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Reuters, The Verge, Engadget, TechCrunch, Android Authority, Business Insider, TalkAndroid.com, AndroidHeadlines.com, Android Beat, Tech Times, CNET, Tom's Guide, Ubergizmo, PhoneArena, SamMobile, Pocketnow, NDTV Gadgets 360, Softpedia News, SlashGear, Mashable, Gizmodo and Android Central
Tweets: @kyliu99 and @harrymccracken
| Michael Kan / Computerworld: |
Xiongmai admits its products were part of Mirai botnet, says it patched the flaws in September 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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NBC News, Motherboard, TechHive and Fortune
| Brian Krebs / Krebs on Security: |
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Tweets: @nicoleperlroth, @josephfcox, @maliciouslink, @tomgara, @spacekatgal, @lorenzofb, @matthew_d_green, @munin, @mattblaze, @erratarob, @erratarob, @seldo, @jjarmoc, @beep, @zeynep and @xor
| 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 … | Scott Moritz / Bloomberg: |
T-Mobile Q3 earnings beats estimates with revenue up 18% to $9.2B, 969K new postpaid customers, net income up to $366M from $138M a year earlier — Unlimited data, Binge On attracts 969,000 monthly users — Carrier driving profits despite price cuts, giveaway promos
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GeekWire, ZDNet, AppleInsider, Reuters, Business Insider, MarketWatch, NASDAQ.com and Wall Street Journal. Tweets: @business
| 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.
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Telegraph. Tweets: @leonardcheshire, @gerrymcgovern, @aardrian, @jaycuthrell, @benriga, @fheinz, @edd and @katebevan
| 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 …
| Marshall Honorof / Tom's Guide: |
Roku Ultra review: the best streaming media player thanks to unparalleled 3,500 channel selection, 4K, HDR, Dolby Digital audio support, USB connectivity, more — The Roku Ultra claims to have it all, and the device really delivers. You want 4K resolution, HDR support, digital audio …
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HD Report, PC Magazine, Pocket-lint and HD Guru
| 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, AVC and Wired
| Steve O'Hear / TechCrunch: |
Smartfrog, a European smart security camera maker and cloud service, raises €20M — Dublin and Berlin-based Internet of Things (IoT) startup Smartfrog has raised €20 million in further funding, meaning that the smart cam maker has managed to pull in €28 million in total despite only launching roughly a year ago.
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