A federal judge said Tuesday that AT&T‘s $85.4 billion purchase of Time Warner is legal, clearing the path for a deal that gives the pay-TV provider ownership of cable channels such as HBO and CNN as well as film studio Warner Bros. U.S. District Court Judge Richard Leon did not impose conditions on the merger’s […]
Read moreSeattle city officials voted on Tuesday to repeal a new tax measure on large companies following mounting pressure from Amazon and other local businesses. Sitting in front of a raucous crowd, including many who opposed the repeal, the Seattle City Council members voted 7 to 2 in favor of overturning the law, which was just […]
Read moreMacy’s on Tuesday announced it is partnering with b8ta to expand Market @ Macy’s, a pop-up shop within its stores. As part of that partnership, Macy’s has taken a minority stake in b8ta, which helps brands build out physical stores. B8ta, founded in 2015 by Nest alums Vibhu Norby, William Mintun and Phillip Raub, helps […]
Read moreA federal judge said Tuesday that AT&T‘s $85.4 billion purchase of Time Warner is legal, clearing the path for a deal that gives the pay-TV provider ownership of cable channels such as HBO and CNN as well as film studio Warner Bros. The judge did not impose conditions on the merger’s approval. The Justice Department […]
Read moreCheck out the companies making headlines after the bell on Tuesday: Shares of Time Warner surged more than 4 percent in extended trading, after a federal judge approved a proposed takeover by AT&T. U.S. District Court Judge Richard Leon imposed no conditions on the $85.4 billion deal, which the U.S. Department of Justice sued to […]
Read moreGoogle searches for bitcoin have plummeted 75 percent this year, leading some to worry investors are losing interest in the buzzy cryptocurrency. Not bitcoin expert Brian Kelly. “It’s probably good that we’ve got some of the speculative froth out of here but there’s still more Google searches than Beyonce in bitcoin,” said Kelly, founder and […]
Read moreTesla is ditching Home Depot as a sales partner for its residential clean energy products, CEO Elon Musk revealed in an e-mail to his employees on Tuesday. The move is part of a broader restructuring of the company which also entails layoffs of about 9 percent of the Tesla workforce, not including hourly production associates […]
Read moreFor bitcoin traders, key times to buy or sell often come at the least opportune time to be behind a computer monitor: Saturday night. Some of the digital currency’s steepest price swings have happened over a weekend. Bitcoin hit its all-time high near $20,000 on a Saturday in December, and dove to a recent two-month […]
Read moreTesla told employees it will cut about 9 percent of its workforce, trimming mostly salaried positions. Since the start of the year, Tesla has added roughly 8,000 jobs and currently employs approximately 46,000 workers. Through this reorganization, it will shed about 4,100 jobs. In mid-May, Tesla CEO Elon Musk had warned the company was undertaking […]
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Apple has a new feature coming to iPhones and iPads this fall called Screen Time. It shows you how long you spend inside each app and will give you more control over how long you’re using specific apps. It might be one way to help cut down on phone addiction. Here’s a first look at […]
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