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AT&T nets $7.8B from sale of part of DirecTV and AT&T TV Now

AT&T has reached a deal to sell off a minority stake in its satellite TV arm for $7.8 billion, the carrier said Thursday. AT&T and private equity firm TPG will form a new company, called New DirectTV, in which AT&T will own a 70% stake and TPG 30%. The company will include the DirecTV, AT&T TV Now and U-Verse video services. …

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Google TV will get a ‘basic’ mode, with apps and smarts stripped out, report says

The Google TV system will support a “basic TV” mode that strips out apps, voice control and other smart features, leaving customers with a more traditional TV experience, according to a Wednesday report from 9to5Google. The upcoming feature is reportedly designed first and foremost for users without internet access. Though Sony and TCL televisions running Google TV have been confirmed for …

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