The Justice Department will appeal the AT&T-Time Warner merger approval, according to a court document filed Thursday. Shares of AT&T slipped more than 1 percent in after-hours trading Thursday. In June, a federal judge ruled that the $85.4 billion deal was legal and imposed no conditions on the merger. At the time, the Justice Department […]
Read moreFacebook recently closed a privacy loophole that allowed third parties to discover the names of people in private, “closed” Facebook groups. A Chrome extension that was made specifically for marketers to harvest this information en masse was also shut down prior to Facebook’s move, after the social media network issued a cease-and-desist letter to the […]
Read moreThe longest Amazon Prime Day yet will begin on Monday, July 16 and last for 36 hours through July 17. For many shoppers, it’s a day to finally snag that tech product or kitchen device they’ve been eyeing at a discount. But for others, it could lead to over-shopping, overspending and financial regret. Since the […]
Read moreMicrosoft announced on Thursday a free version of its Teams app, stepping up competition with chat service Slack. Until now, Microsoft only provided Teams to clients that pay for Office 365 and its portfolio of subscription productivity apps. Slack has offered both free and premium options since its public launch in 2014. In promoting a […]
Read moreAmazon is talking with a start-up called Xealth and at least two hospital networks about a pilot project that would let doctors recommend bundles of medical products to their patients before they’re sent home, and have those products delivered to patients’ homes upon discharge, according to several people familiar. The idea behind the pilot, which […]
Read moreThe tit-for-tat trade war between the United States and China is not likely to cause a recession, according to MKM Partners, a Wall Street equity research and trading firm. The growing conflict between two of the world’s largest economies is not enough to spark a major downturn because that can only start when demand declines […]
Read moreBrowsing the web in incognito mode isn’t as private as most people think. Researchers with the University of Chicago and the Leibniz University of Hanover recently published the results of a study that included 450 participants. It found that many participants thought “incognito mode” or “private mode” in a web browser protected their online activity […]
Read moreWe’re likely entering the end-game scenario for Comcast and Disney’s pursuit of Fox’s assets. However, an obscure U.K. takeover rule called the “chain principle” has altered the bidding dynamic in what’s become a game of three-dimensional chess. The U.K. has different rules around mergers and acquisitions than the U.S. One of these rules is a […]
Read moreNetflix just beat out HBO as the most Emmy-nominated network for the first time. It’s the first time HBO lost its hold on the most Emmy nods in 18 years, according to The New York Times. Netflix had a total of 112 nominations to HBO’s 108 nominations. Though largely symbolic, the nominations hint at the […]
Read moreCurrency, United States Finance
John McCain blasts Trump’s NATO performance and warns that 'Putin is America’s enemy'
Sen. John McCain, R-Ariz., Thursday sharply criticized President Donald Trump‘s appearance this week at the North Atlantic Treaty Organization summit, calling it “disappointing, yet ultimately unsurprising.” McCain, who is chairman of the Senate Armed Services Committee, also urged the president to take a tough stance in an upcoming meeting with Russian President Vladimir Putin. Trump […]
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