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All Posts Tagged Tag: ‘Acquisitions ’

AT&T / DirecTV Deal Gets Thumbs Up from FCC, with Conditions

AT&T / DirecTV Deal Gets Thumbs Up from FCC, with Conditions

After “careful, thorough review,” the Federal Communications Commission has given AT&T and green light to acquire DirecTV. The combined entity will boast about 26 million customers. Say hello to the new largest pay TV company in the US. The approval didn’t come without conditions, however. Here are all of the conditions the FCC placed on AT&T. They involve the expansions …

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Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring

Hoax articles – fooling everyone from your racist uncle on Facebook to top Wall Street investors. An article suggesting that Twitter had received a $31 billion offer sent the company’s stock prices soaring earlier this afternoon. The article, called Twitter Attracts Suitors, is hosted on bloomberg.market and made to look exactly like a Bloomberg Business article. “Twitter is working closely …

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Netflix Snags Indies to Boost Its Big Film Push

Netflix Snags Indies to Boost Its Big Film Push

After very successful TV series and documentary ventures, Netflix is getting serious about original feature films. That $60 million buy of Brad Pitt’s new military satire should tell you that. But it’s not just the giant acquisitions that show Netflix’s determination to be a leader in original feature films. Netflix is apparently ramping up efforts to snag the rights to …

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AT&T, DirecTV Merger Reportedly Nearing Approval

AT&T, DirecTV Merger Reportedly Nearing Approval

It appears to be smooth sailing for AT&T in its acquisition of DirecTV, as the merger has reportedly cleared one major hurdle and is about to clear the last. Reuters reports that the Department of Justice has already wrapped up its review of the deal. Bloomberg says that the DoJ imposed no conditions on the mega-merger. AT&T first agreed to …

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Uber Makes a Big Mapping Play, Hires 100 Bing Engineers

Uber Makes a Big Mapping Play, Hires 100 Bing Engineers

Uber is continuing its quest for maps self reliance, and is set to acquire a chunk of Bing’s mapping assets. Both Microsoft and Uber confirmed the deal to TechCrunch, but wouldn’t get specific on the terms. The deal will see Uber absorb around 100 Microsoft data collection engineers. A move this large proves that Uber really, really wants to get …

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Verizon Now Officially Owns AOL

Verizon Now Officially Owns AOL

Verizon announced on Tuesday that it has already completed its acquisition of AOL. That didn’t take long, did it? The $4.4 billion deal was only announced last month. Now, Verizon says it has successfully completed its tender offer to purchase all of AOL’s outstanding shares for %50 per share in cash. Verizon says in its announcement: Verizon subsequently completed the …

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The Verge Publisher Vox Media Acquires Re/code

There’s a lot happening in the world of tech news media. The latest piece of news in the publisher circuit is that Vox Media (The Verge, SB Nation, Polygon, Vox.com, Eater, Racked, Curbed) is acquiring Re/code roughly a year and a half after its launch. Re/code was started at the beginning of 2014 after All Things D, led by Kara …

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Now Charter Communications Is Going To Buy Time Warner Cable

Now that Comcast’s acquisition of Time Warner Cable has fallen apart, Charter Communications has swooped in to attempt an acquisition of TWC. In February, Comcast announced its intent to acquire the other cable giant, but that deal officially died in April as Comcast abandoned its efforts following reports that the Department of Justice and Federal Communications Commission were to recommend …

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The AT&T/DirecTV Merger Will Likely Be Approved: Report

It doesn’t appear that federal regulators are going to stand in the way of AT&T’s bid to acquire DirecTV. According to sources quoted in the Wall Street Journal both the Justice Department and the Federal Communications Commission are almost done with their respective reviews, and they are both unlikely to block the deal. AT&T agreed to acquire DirecTV for nearly …

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Netflix Doesn’t Like the AT&T/DirecTV Merger

If AT&T’s proposed merger of DirecTV is approved, it would create the largest pay-TV provider in the country. And according to Netflix, the merger in its current form is bad for everyone. The streaming company has written a letter to the Federal Communications Commission, urging it to reject the merger “as currently proposed.” “The proposed merger would make AT&T the …

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Comcast’s Final Tally on Failed Time Warner Cable Deal: $336 Million

Comcast spent $336 million to not acquire Time Warner Cable. In the company’s Q1 earnings report, it reported $99 in “transaction” costs. If you add that to all the other transaction costs Comcast reported in 2014 it looks something like this: Comcast has reported $336 million in costs tied to TWC/Charter deals: Q1 15: $99M Q4 14: $99M Q3 14: $77M Q2 14: …

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GoPro Is Getting Serious About Virtual Reality

GoPro is getting serious about virtual reality. The camera-maker has agreed to acquire French company Kolor, a startup that specializes in immersive 360-degree videos. Kolor takes multiple photos and videos and pieces them together to form an interactive virtual experience. GoPro calls it “spherical video”. From GoPro: Spherical media enables a range of immersive viewing experiences and is an essential …

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