AT&T CEO John Stankey Sees “Less Uncertainty” For Investors After Discovery-WarnerMedia Deal

AT&T CEO John Stankey sees a period of “less uncertainty” ahead for the telecom giant as Covid-19 gradually eases and the spinoff of WarnerMedia is completed. “If I think about where I sat last year, and maybe some of the anxiety and the pieces that had to be put in place,” he said during an… Continue reading AT&T CEO John Stankey Sees “Less Uncertainty” For Investors After Discovery-WarnerMedia Deal

WarnerMedia-Discovery Deal On Track To Close In First Half But Details Sparse: “We Have Our Go-To-Market Strategy Ready” – Discovery CFO

Executives on both sides of the $43-billion WarnerMedia-Discovery merger again confirmed the deal is on track to close by the middle of next year but details otherwise remain scarce on the combination that will reshape the media industry. In presentations at a media conference yesterday and today, Discovery CFO Gunnar Wiedenfels and AT&T CFO Pascal… Continue reading WarnerMedia-Discovery Deal On Track To Close In First Half But Details Sparse: “We Have Our Go-To-Market Strategy Ready” – Discovery CFO

AT&T Completes DirecTV Spinoff; Satellite Operator Unites Its Internet-Delivered Bundles Under New Brand DirecTV Stream

AT&T has completed the spinoff of DirecTV into a new entity part-owned by private equity firm TPG, capping a costly six-year adventure in the satellite TV business. The new entity, whose financials will no longer be included on the AT&T balance sheet, unveiled new branding and a new home for its internet-delivered TV packages. Later… Continue reading AT&T Completes DirecTV Spinoff; Satellite Operator Unites Its Internet-Delivered Bundles Under New Brand DirecTV Stream

Bipartisan coalition of 52 attorneys general urge Congress to support Rep. Ken Buck’s antitrust bill

Lawmakers unveil antitrust package targeting Big Tech House Foreign Affairs Committee member Rep. Ken Buck, R-Co., joined ‘Fox News Live’ to discuss Big Tech’s influence, arguing that we only have censorship because certain companies own a monopoly share of the marketplace and ‘can do what they want.’ A bipartisan coalition of 52 attorneys general sent… Continue reading Bipartisan coalition of 52 attorneys general urge Congress to support Rep. Ken Buck’s antitrust bill

Barr intends to stay on as attorney general 'as long as the president needs him': source

Barr: No evidence of fraud that would change election outcome Mollie Hemingway, Jonah Goldberg and Charles Lane give reaction on the ‘Special Report’ All-Star panel Attorney General William Barr intends to stay in his post leading the Justice Department “as long as the president needs him,” Fox News has learned. This comes amid reports that Barr… Continue reading Barr intends to stay on as attorney general 'as long as the president needs him': source

WarnerMedia Parent AT&T Gets $1.95B Cash Closing Sale Of Some Wireless Assets To Liberty Latin America

AT&T said Monday it completed the sale of its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America, taking in $1.95 billion. The news came several weeks after the WarnerMedia parent got a  $1.1 billion cash injection as it officially unloaded its stake in Central European Media to Czech… Continue reading WarnerMedia Parent AT&T Gets $1.95B Cash Closing Sale Of Some Wireless Assets To Liberty Latin America

AT&T (T) Could Break March Low

According to The Wall Street Journal, AT&T Inc. (T) has hired Goldman Sachs to explore a sale of DirecTV, just five years after buying the satellite-based broadcast provider for a hefty $49 billion. That division's subscriber base has been declining "at the astounding rate" of 18% per year, according to research firm Moffett Nathanson, caught… Continue reading AT&T (T) Could Break March Low

Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

Last week, the Bitcoin news was all about lift-off. This week, it’s all about the leveling off. Bitcoin ends the week around $11,400, a fall of about 2.7 percent over the last seven days. That drop included a correction of $700 in one day so the question now is whether the bullish moment has gone… Continue reading Bull Runs, Mining, and Tor Attacks: Bad Crypto News of the Week

HBO owner AT&T reports $830M hit from the coronavirus

HBO owner AT&T saw its profit sink in the second quarter as the coronavirus crimped advertising revenue in its entertainment division and accelerated the decline of its satellite TV business. The telecom and media giant said COVID-19-related issues cut into earnings by $830 million, including a 22.9 percent decline in revenue from its WarnerMedia entertainment… Continue reading HBO owner AT&T reports $830M hit from the coronavirus

Spirit Airlines passengers attack staff at Florida airport after delay

Three women are arrested for kicking, punching and throwing shoes and phones at Spirit Airlines staff at a Florida airport because they were angry their flight to Philadelphia was delayed Danaysha Cuthbert Dixon, 22, Kaira Candida Ferguson, 21, and Tymaya Monique Wright, 20, were arrested Tuesday at Fort Lauderdale-Hollywood Airport An altercation broke out after a… Continue reading Spirit Airlines passengers attack staff at Florida airport after delay

Apple, AT&T, Jack Daniel's: fed issues details on bond buys

Federal Reserve releases stress test results FOX Business’ Edward Lawrence says the Federal Reserve will suspend stock buybacks for banks and cap the dividends banks can give in the third quarter to the second quarter. The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds… Continue reading Apple, AT&T, Jack Daniel's: fed issues details on bond buys

New HBO Max Drama As Amazon Rips It For “Choosing To Deny” 5M Customers

Amazon has taken aim at WarnerMedia parent AT&T for not enabling access to its just-launched subscription streaming app HBO Max via the tech giant’s Prime Video Channels platform. “With a seamless customer experience, nearly 5 million HBO streamers currently access their subscription through Amazon’s Prime Video Channels,” a company spokesman said in a statement. “Unfortunately,… Continue reading New HBO Max Drama As Amazon Rips It For “Choosing To Deny” 5M Customers

AT&T CEO on coronavirus: 'This is like World War II'

New York (CNN Business)Randall Stephenson, the longtime chief executive officer of AT&T, is stepping down. Stephenson will be succeeded by AT&T Chief Operating Officer John Stankey, who will take over the role on July 1. Stephenson has served as AT&T’s (T) CEO for more than 13 years and oversaw the massive acquisitions of CNN parent… Continue reading AT&T CEO on coronavirus: 'This is like World War II'

Ripple (XRP) Rally Remains Attractive To The Bears If Price Surges To $0.31

Ripple found support near $0.2680 and recovered slightly against the US Dollar. XRP price could continue to rise, but the bears are likely to protect the $0.3100 resistance area. Ripple price is slowly correcting higher from the $0.2677 swing low against the US dollar. The price is back above the $0.2800 area, but it lacks… Continue reading Ripple (XRP) Rally Remains Attractive To The Bears If Price Surges To $0.31

New SIM-Swapping Case Ends with Threats of Violence | Live Bitcoin News

SIM-swapping cases appear to be a recurring incident in the cryptocurrency world, but the latest case involves two individuals displaying aggression that has yet to be seen in situations like this. SIM-Swapping: Is It Becoming More Common? The two people accused of the SIM-swapping are 21-year-old Eric Meiggs and 20-year-old Declan Harrington, who reportedly went… Continue reading New SIM-Swapping Case Ends with Threats of Violence | Live Bitcoin News

AT&T Delivers Mixed Q3 Results, Lays Out Three-Year Plan Vowing No “Major” M&A

AT&T delivered a mixed bag of third-quarter results, beating Wall Street estimates for adjusted earnings per share by a penny but falling short of revenue expectations. Along with the quarterly numbers, the telecom and media giant issued a sweeping three-year financial and strategic plan that appeared to include several concessions to activist hedge fund Elliott… Continue reading AT&T Delivers Mixed Q3 Results, Lays Out Three-Year Plan Vowing No “Major” M&A

French jihadis will launch attacks unless allowed to return home

French jihadis will launch new wave of attacks unless they are allowed to return home from Syria says anti-terror magistrate French anti-terror judge David De Pas said it is better than them ‘roaming free’ Between 60 and 70 French fighters are among those held with 300 children  France has so far refused to allow adults… Continue reading French jihadis will launch attacks unless allowed to return home

AT&T’s Xandr Acquires Data-Centric Linear TV Ad Platform Clypd

AT&T’s advertising unit, Xandr, has acquired Clypd, a TV advertising platform for broadcast and cable TV networks. Terms of the transaction were not revealed, and the company did not include any comments in its press release announcing the deal, citing the quiet period prior to AT&T’s quarterly earnings release on October 28. Boosting Xandr’s ad… Continue reading AT&T’s Xandr Acquires Data-Centric Linear TV Ad Platform Clypd

Rooster Teeth Names Jordan Levin GM, Shifts CEO Matt Hullum To Content Role

WarnerMedia-owned digital video outlet Rooster Teeth has tapped Jordan Levin as General Manager, shifting co-founder and former CEO Matt Hullum to the newly created post of Chief Content Officer. Levin, an industry veteran known for his executive stints at the WB network and, more recently, Awesomeness, Xbox and the NFL, will oversee strategy, creative and… Continue reading Rooster Teeth Names Jordan Levin GM, Shifts CEO Matt Hullum To Content Role

MSNBC host Mika Brzezinski attacks 'pathetic' Kevin McCarthy: 'He just has no self-respect'

The new strategy behind ‘Morning Joe’ stars Joe Scarborough and Mika Brzezinski’s Florida ‘studio’ There might be a tax strategy behind ‘Morning Joe’ stars Joe Scarborough and Mika Brzezinski’s new Florida ‘studio,’ according to reports. House Minority Leader Kevin McCarthy, R-Calif., was on the receiving end of a verbal blitz from MSNBC's Mika Brzezinski on Tuesday after… Continue reading MSNBC host Mika Brzezinski attacks 'pathetic' Kevin McCarthy: 'He just has no self-respect'

AT&T Business names Anne Chow 1st female CEO

AT&T Business has named longtime employee Anne Chow CEO, making her the first woman to hold that position. Chow, who’s been with AT&T Business for nearly 30 years, was one of the first Asian American officers at the company and is now the highest ranking Asian American at AT&T, male or female. “This is an… Continue reading AT&T Business names Anne Chow 1st female CEO

Former BET Networks Chief Debra Lee Joins AT&T Board

Debra Lee, who last year stepped down as chairman and CEO of BET Networks after a three-decade career at the Viacom brand, has been added to the board of directors at AT&T. She becomes the first media-tied name to join the board as the company continues to evolve after its $85.4 billion acquisition of Time… Continue reading Former BET Networks Chief Debra Lee Joins AT&T Board

Cryptocurrency investor's $224 million suit against AT&T over stolen coins moves forward

A federal judge in California allows a case against AT&T alleging that it involves the theft of millions of dollars worth of cryptocurrency through a man’s phone to move forward. The case brought attention to a hacking method known as “SIM swapping,” where criminals steal phone numbers to log into cryptocurrency accounts, then transfer the… Continue reading Cryptocurrency investor's $224 million suit against AT&T over stolen coins moves forward