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All Posts Tagged Tag: ‘DOJ’

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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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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Apple Is Working Hard to Kill Spotify’s Free Tier: Report

Apple knows it’s going to be an uphill climb when it relaunches its Beats-based music streaming service this summer – and the company may be taking some rather direct measures to cripple the competition. According to a report from The Verge, Apple has been attempting to convince the major record labels to stop licensing their music to the likes of …

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Obama’s Police Body Camera Initiative Kicks into Gear

On the day that Baltimore state’s attorney Marilyn Mosby charged six police officers in the death of Freddie Gray, the Obama administration has announced it’s kicking its police body camera initiative into full gear. The first step is to spend $20 million on the body cameras, according to the Justice Department. According to The Hill, “$17 million would reportedly come …

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Netflix Was a Big Part of Why Regulators Hated Comcast/TWC Merger

By now you’ve probably heard that Comcast has abandoned its push to acquire Time Warner Cable, due to looming concerns that both the Department of Justice’s antitrust division and the Federal Communications Commission were poised to recommend it blocked. “Today, we move on. Of course, we would have liked to bring our great products to new cities, but we structured …

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Comcast / Time Warner Cable Merger Is Dead, Officially

It’s official. Comcast has announced it has abandoned its efforts to acquire Time Warner Cable, in a deal that would’ve been valued at around $45 billion. This follows reports on Thursday that said the Department of Justice and Federal Communications Commission were both gearing up to recommend against the deal. If the merger had been approved, the Comcast-TWC behemoth would’ve …

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Comcast Is Giving Up on Its TWC Deal: Report

Comcast is planning to kill its proposed acquisition of Time Warner Cable before the feds can kill it first. Bloomberg is quoting sources who say that Comcast is ready to back away from the merger, which would be valued at around $45 billion. This comes on the heels of reports that the FCC had proposed a “hearing designation order” for …

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Elizabeth Warren, Al Franken Among Six Senators Urging a Swift Death for the Comcast/Time Warner Merger

In a letter addressed to Federal Communications Commission Chairman Tom Wheeler and Attorney General Eric Holder, six Senators are urging the blockage of Comcast’s proposed merger with Time Warner Cable. The letter comes just one day before representatives from Comcast and Time Warner Cable are set to meet with DoJ antitrust officials in the hopes of saving a deal that …

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Comcast, TWC Will Meet with Regulators to Try to Save Deal

With their proposed merger on shaky ground, representatives from Comcast and Time Warner Cable are planning to meet with Justice Department officials in the hopes of negotiating a pathway for the deal to proceed. This will be the first such meeting between the cable companies and regulators since the merger was announced. The Wall Street Journal Reports that Comcast will …

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Regulators Ready to Kill Comcast / TWC Merger: Report

One of the regulatory agencies looking over the proposed Comcast / Time Warner Cable merger may be about to give it the thumbs down, citing concerns over potential harm to customers. Bloomberg cites the ubiquitous “people familiar with the matter” in saying that antitrust lawyers at the Department of Justice are poised to recommend against the merger. From Bloomberg: Attorneys …

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Three Men Charged in Biggest Email Data Breach in History

An unsealed indictment reveals that the US Justice Department has charged three men in what it is calling “one of the largest reported data breaches in US history. It is, in fact, that biggest email data breach ever. “These men — operating from Vietnam, the Netherlands, and Canada — are accused of carrying out the largest data breach of names …

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Feds Settle Facebook Impersonation Suit

The U.S. Justice Department is about to pay a New York woman $134,000 over investigative tactics it once described as “legitimate law enforcement”. In October of 2014, the story of Sondra Arquiett hit the web. Arquiett claimed DEA agents stole her identity and gave it new life on Facebook after commandeering her cellphone upon her arrest in 2010. She was …

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