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,…
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…
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…
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…
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…
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”…
Antitrust Prosecution Comes To E-Commerce
The U.S. Department of Justice announced that it has charged a former e-commerce executive with price fixing, in what would be the DoJ’s antitrust division’s first online marketplace prosecution. The defendant is charged with price fixing in violation of the…
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…
Al Franken Pens Letter To DOJ On ISIS Recruitment
Al Franken has taken a bit of a stand recently to bring attention to ISIS (also known as ISIL or the Islamic state) efforts to recruit members inside the US and to disallow those who have associations with the terror…
Amber Alerts: Do They Save Lives?
In 1996, nine-year-old Amber Hagerman was abducted while riding her bicycle in Arlington, Texas. Her body was found four days later in a storm drainage ditch. Her murder has never been solved. In the years that followed, Amber’s family and…