Embattled Chinese telecommunications manufacturer ZTE may be alive after all. The company has agreed in principle to a settlement that would lift the Commerce Department ban preventing US companies from doing business with ZTE, according to a Reuters tweet on Tuesday. In exchange, ZTE would have to pay a total of $1.7 billion in penalties, according …
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AT&T has given up efforts to challenge the Federal Trade Commission’s authority to regulate broadband providers. AT&T on Tuesday informed court officials that it would not file a petition to the US Supreme Court to challenge a lower court’s decision in the case. In 2014, the FTC sued AT&T in the US District Court of Northern California, accusing the company …
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AT&T CEO Randall Stephenson praised the cancellation of the popular ABC sitcom Roseanne after its star posted a racist-filled Twitter rant on Tuesday. Stephenson was asked about the controversy Wednesday during an interview at Recode’s Code Conference. AT&T is in the midst of trying to buy Time Warner, one of the biggest media companies, which owns cable channels such as …
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Project Fi is expanding its phone lineup just a tad. The Google phone network announced Wednesday that it’s adding the LG V35 ThinQ, the G7 ThinQ and the Motorola Moto G6 to its services. Announced earlier Wednesday by AT&T, the V35 is a half-step update to February’s V30 ThinQ and features a 6-inch OLED display, the Snapdragon 845 chipset and 6GB of RAM. Similar to …
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Best Buy has kicked off its Memorial Day sale and there are some pretty nice discounts. Until Monday at 11:59 p.m. CT (Tuesday, 12:59 a.m. ET or Monday 9:59 p.m. PT), the retailer is offering price cuts on a range of products including laptops, HDTVs, headphones and more from brands including Apple, Bose, HP and Beats by Dre. A handful …
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AT&T may ask the US Supreme Court to end a lawsuit filed by the Federal Trade Commission over the carrier’s data throttling policies for unlimited plans. In 2014, the FTC sued AT&T in the US District Court of Northern California, accusing the company of promising unlimited data service to customers and then slowing that service down to rates that were …
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AT&T told the judge deciding its antitrust case that it sees no need to put conditions on its merger with Time Warner, according to a brief filed late Thursday. The US Department of Justice is suing to block AT&T’s $85 billion deal to acquire Time Warner. The trial concluded earlier this week and the decision is now in the hands …
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On this podcast, we talk about: Sprint and T-Mobile unveiling a $26 billion merger deal Facebook’s Oculus and its big plans for immersive VR theater What to expect from Facebook’s F8 developer conference, which kicks off Tuesday Now playing: Watch this: Sprint and T-Mobile are getting married… well, maybe…… 4:11 The 3:59 gives you bite-size news and analysis about the …
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The Justice Department reiterated Monday why it’s against AT&T’s $85 billion merger with Time Warner, saying the deal would hurt pay TV rivals and raise prices for consumers. In closing arguments for the antitrust trial, Craig Conrath, the lead attorney for the Justice Department, said if the deal were to go through, AT&T would have an incentive to use Time …
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The years-long wireless industry twist on the will-they-won’t-they romantic comedy is finally reaching its climax. T-Mobile and Sprint finally — finally! — agreed to get together. The $26 billion deal would combine the nation’s third and fourth largest wireless carriers, creating a larger player to better compete against industry leaders Verizon Wireless and AT&T. Under the deal, T-Mobile parent Deutsche …
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