Breaking News

Samsung Introduces Galaxy Tab S12 Series PlayStation Plus Monthly Games for October 2026 Logitech announces Zone Vibe Pro Headset Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

AT&T Wins Court Approval to Buy Time Warner

AT&T Wins Court Approval to Buy Time Warner

Smartphones Jun 12,2018 0

AT&T Inc has won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion.

"I conclude that the government has failed to meet its burden of proof," District Court Judge Richard Leon told the court. He called one of the government's arguments against the deal "gossamer thin."

The deal would allow AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.

Companies like Netflix Inc and Google produce content and sell it online directly to consumers, without requiring a cable subscription. Distributors including cable, satellite and wireless carriers all see buying content companies as a way to add revenue.

The Justice Department filed a lawsuit to stop the deal in November 2017, saying that AT&T's ownership of both DirecTV and Time Warner would give AT&T unfair leverage against rival cable providers that relied on Time Warner's content.

Tags: AT&TTime Warner
Previous Post
Apple Bans Apps From Sharing Information on Users' Friends
Next Post
Intel to Release its First Dedicated GPU In 2020, Next Playstation to Have AMD SoC Inside, and New Xbox and Hololens Stories

Related Posts

  • Alphabet's Loon and AT&T to Offer Global Connectivity Solutions

  • Wireless Companies Extend Concessions for Coronavirus-hit Until June 30

  • AT&T Revenue Drops 4.5%, Company Withdraws Guidance

  • AT&T's Xandr Announces New Data-Driven Advertising Technology

  • AT&T, Palo Alto Networks and Broadcom Collaborate on a Disaggregated Scalable Firewall

  • AT&T and Google Cloud Team Up to Enable Network Edge 5G Computing Solutions for Enterprises

  • AT&T TV Launches Today

  • FCC Proposes Over $200 Million fines Against Wireless Carriers For Failing to Protect Consumer Location Data

Latest News

Samsung Introduces Galaxy Tab S12 Series
Consumer Electronics

Samsung Introduces Galaxy Tab S12 Series

PlayStation Plus Monthly Games for October 2026
Gaming

PlayStation Plus Monthly Games for October 2026

Logitech announces Zone Vibe Pro Headset
Consumer Electronics

Logitech announces Zone Vibe Pro Headset

Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds
PC components

Razer Expands Sanrio Collection With Pompompurin Eared Headset And Kuromi Earbuds

TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days
Enterprise & IT

TerraMaster Launches Storage Upgrade Season with Up to 30% Off During Prime Big Deal Days

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed