Roger Cheng

Justice Department sues to block AT&T

It looks like “Game of Thrones” and the “Justice League” may not be heading to AT&T after all. The Department of Justice is suing to block AT&T’s pending acquisition of Time Warner, saying the $85 billion deal would concentrate too much power in one company. Time Warner is the media giant behind movie studio Warner …

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Are you addicted to your phone? (The 3:59, Ep. 317)

Phone addiction is real. On Wednesday’s podcast, we talk about: How some people are trying to reduce their dependency on phones.  Our thoughts on the upcoming “Justice League” movie. The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by the CNET News team in New York and producer Bryan VanGelder. Check …

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Sprint CEO teases price hike next quarter

The days of aggressive bargains from your wireless carrier may be over.  Sprint CEO Marcelo Claure said at an investor event that the company will hike prices in the next quarter. Claure didn’t specify which plans would see an increase, and a spokesman didn’t immediately respond to a request for comment.  It’s the latest move by the carriers as the …

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Motorola surges as TCL’s BlackBerry bet fails to pay off

The last few years saw BlackBerry phones slide into irrelevancy as consumers opted for flashier offerings from Apple or Samsung.  Some things never change.  TCL, a Chinese company best known for cheap televisions, as well as budget phones under its Alcatel brand, earlier this year took on the ambitious project of reviving the BlackBerry brand. The result: The company saw …

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Broadcom targets Qualcomm with massive $130B bid

Broadcom really, really wants to hook up with Qualcomm.  The San Jose, California, company, which makes chips for everything from cable modems to set-top boxes and digital video recorders, on Monday launched an unsolicited bid for Qualcomm, the world’s largest maker of chips and processors for phones, for $70 a share, or $130 billion. If it goes through, the deal …

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How the T

There will be no happily ever after for T-Mobile and Sprint. The nation’s third- and fourth-largest wireless carriers, respectively, said on Saturday that they have ceased discussions about a possible merger. Up until a week ago, people in the industry and on Wall Street assumed the two would get together, forming a potentially stronger combined company to take on larger …

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iPhone X demand buzz propels Apple shares to all

Apple’s having a good Monday.  Shares of the consumer electronic giant hit an all-time high of $168.07 on Monday morning, valuing the company at roughly $860 billion. Shares are a bit off that peak, more recently trading at $166.63, up 2.2 percent from the previous close.  Apple on Friday said that advance orders for the iPhone’s 10th-anniversary edition, the iPhone …

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Tim Cook, Mark Zuckerberg meet with China President Xi Jinping

Apple CEO Tim Cook and Facebook CEO Mark Zuckerberg met with Chinese President Xi Jinping.  The executives were in town for an annual gathering of advisers to Tsinghua University in Beijing, according to Reuters. Both Cook and Zuckerberg serve on the advisory board for Tsinghua’s School of Economics and Management.  Xi spoke to business leaders and officials at a meeting …

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Russian

People linked to Russian-backed Facebook accounts helped organize or fund events in the US around divisive topics — often playing both sides of a hot-button issue, according to The Wall Street Journal.  The WSJ cited an example in July, when a Russia-based firm organized two events on the same day. The first was a “Blue Lives Matter” rally to honor …

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iPhone X demand is ‘off the charts,’ Apple says

Apple is liking the early reaction to the iPhone X.  “We can see from the initial response, customer demand is off the charts,” said an Apple spokeswoman.  Dutiful Apple fans were able to preorder the iPhone X starting at 12:01 a.m. PT this morning, and within 10 minutes, the shipping dates began to slip past the Nov. 3 launch date. …

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