Tag: Time-Warner

Judge clears AT&T merger with Time Warner in huge antitrust case

by Rob Lever Agence France-Presse WASHINGTON, United States – A US judge Tuesday approved the $85 billion merger of wireless and broadband giant AT&T with media-entertainment conglomerate Time Warner, delivering a stinging rebuke to Donald Trump’s administration in its first major antitrust challenge. Federal Judge Richard Leon said the government had failed to meet its burden of proof that the tie-up between the largest US pay-TV operator and the media entertainment giant would harm competition. […]

Continue Reading →

AT&T sued, tech lifts Wall Street

Reuters — A source told Reuters Monday the Justice Department will file a lawsuit blocking AT&T’s $85-billion purchase of Time Warner. Tech and telecom stocks like AT&T pushed Wall Street higher on Monday. Trading volumes could be thin this week ahead of the Thanksgiving holiday on Thursday since no big companies are reporting earnings and economic data are slim. “As we sit today going into year end, we think that the stability will continue. However, […]

Continue Reading →

Former Time Warner chief named interim CEO of Los Angeles Clippers

(Reuters) – The National Basketball Association on Friday installed former Time Warner CEO and chairman Richard Parsons as interim chief executive of the Los Angeles Clippers while preparing for an unprecedented bid to force out the team’s owner, Donald Sterling. Parsons was named chief executive officer three days after Sterling’s longtime top lieutenant, Andy Roeser, was placed on indefinite leave as team president, and more than a week after the NBA banned Sterling over racist comments that […]

Continue Reading →

Apple, Time-Warner in talks over new Apple TV device: report

SAN FRANCISCO Wed Feb 12, 2014 3:08pm EST (Reuters) – Apple Inc is in talks with Time Warner Cable and other content partners for a faster TV set-top box with a new user-interface that could be revealed as soon as April, Bloomberg cited sources familiar with the matter as saying. The iPhone maker, whose $99 Apple TV box competes with similar streaming devices from Roku and Google Inc, intends to have its new device in […]

Continue Reading →