Page 2 - At&t

AT&T is sued for $1.35 billion over technology to synchronize smart devices

Network Apps LLC said AT&T abandoned joint development and licensing agreements for its technology in 2014

Buyout firm TPG in the lead for stake in AT&T's DirecTV, say reports

The exact price TPG is willing to pay could not be learned, but sources said the deal could value DirecTV at more than $15 billion

Sony to buy AT&T's animation business Crunchyroll for $1.18 billion

TOKYO/NEW YORK (Reuters) - Sony Corp will buy AT&T Inc's animation business Crunchyroll for $1.175 billion, the two companies said on Thursday, as the Japanese electronics conglomerate aims to beef up its entertainment content and distribution businesses.

US sues Google: Biggest anti-trust case and what it means for the net giant

The lawsuit comes more than a year after the Justice Department and Federal Trade Commission began antitrust investigations into four big tech companies: Amazon.com, Apple, Facebook, and Google

AT&T names John Stankey new CEO as Trump gloats over changes at CNN owner

Stankey will take over on July 1 from Randall Stephenson, who said on Friday he will retire from the CEO position but will serve as executive chairman of the board until January 2021

Energy to retail: Reliance is India's reply to Exxon, AT&T, Amazon combined

Billionaire Mukesh Ambani's Reliance Industries is India's answer to US giants Exxon, AT&T and Amazon - all rolled into one, Bernstein Research said on Tuesday. "Reliance has disrupted the energy and telecoms industry in India and is on the cusp of doing the same to retail, fintech, and media," it said in a report adding the company has an enviable track record of innovation and execution. For the oil-to-telecom conglomerate, energy remains core business and is expected to further expand as India is forecast to be the fastest-growing market for fuel and chemical products over the next decade, it said adding the company's partnership with BP of the UK and Saudi Aramco will support this. Reliance owns the world's largest single-site oil refining complex and has multiple petrochemical plants. Three years back it forayed into telecom business and has reached 34 per cent share of market revenue. "Based on the current net add run-rates it will likely reach 44 per cent share by the end ..

Telefonica inks contract to use AT&T last mile network in Mexico

Both companies compete in Mexico with America Movil, the company controlled by billionaire Carlos Slim, which has long dominated the telephone market in Latin America's no. 2 economy

OTT wars: How Apple, Disney, Netflix will retain streaming subscribers

In May Netflix made a rare acquisition, of the children's media brand StoryBots, for an undisclosed sum. In July it announced seven new series targeting preschoolers.

Top 10 biz headlines: Faster GST refunds, million auto jobs at risk & more

From a single-authority mechanism for processing GST refunds to exporters coming soon to NCLT approving JSW Steel's Rs 19,700-cr bid for Bhushan Power & Steel, here are today's top business news

AT&T restructures WarnerMedia as it braces for battle with Netflix, Disney

The restructuring comes ahead of an anticipated round of significant layoffs and cost cuts

AT&T commits to cutting $20 bn in debt in 2019, to review non-core assets

(Reuters) - AT&T Inc said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale.

US investor files $224-mn lawsuit against AT&T over cryptocurrency theft

NEW YORK (Reuters) - U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T, accusing it of fraud and gross negligence in connection with the theft of digital currency tokens from his personal account.

AT&T overpaid some pensioners. Now the company wants the money back

The telecom giant has enlisted a collection agency, a step other companies in similar situations have declined to take

AT&T hires Tillerson ex-aide Margaret Peterlin for Washington job

Peterlin served as Secretary of State Rex Tillerson's chief of staff and was among a small group of family and aides Trump took to his meeting with Pope Francis at the Vatican in May 2017

AT&T closes $85-billion deal for Time Warner, two days after approval

Wireless and broadband colossus AT&T announced the close of its $85 billion merger with media-entertainment conglomerate Time Warner. The news came just two days after a US federal judge approved the deal, delivering a stinging rebuke to President Donald Trump's administration in its first major antitrust court case. "We're going to bring a fresh approach to how the media and entertainment industry works for consumers, content creators, distributors and advertisers," AT&T chief executive Randall Stephenson said in a statement yesterday stating the acquisition was completed. Stephenson noted that the merger comes as the way video is created, distributed and consumed is rapidly changing in an age of streaming digital content to a broad spectrum of internet-linked devices. "The content and creative talent at Warner Bros., HBO and Turner are first-rate," Stephenson said. "Combine all that with AT&T's strengths in direct-to-consumer distribution, and we offer customers a ...

From AT&T to Walmart, Companies are buying renewable power at a record pace

AT&T and Walmart are among 36 businesses, government agencies and universities that have agreed to buy 3.3 gigawatts of wind and solar power so far this year

Streaming soon: A fight over AT&T, Time Warner, and the future of TV

The Justice Department's bid to block AT&T's $85 billion merger with Time Warner is set to head to trial next week, in one of the most anticipated antitrust battles in years

AT&T backs off political argument in antitrust case

AT&T originally argued in court that the Justice Department's suit was a case of 'selective enforcement'

US lawmakers urge AT&T to cut commercial ties with China's Huawei Tech

The US government has also blocked a string of Chinese acquisitions over national security concerns, including MoneyGram International Inc

US sues to block AT&T's $85-bn bid for Time Warner

By challenging the deal, the Justice Department is taking an approach to antitrust issues that is starkly different from the Obama administration's