Amazon’s Chris Green, VP of Design at its Lab126 hardware arm, talked with me for a retrospective of the design choices that have defined and redefined the device, and the reasoning behind them. Green has been at Lab126 for a long time, but not quite for the entire Kindle project, as he explained to me.
“My first day at Amazon was the day the Kindle launched – November 19, 2007. Read More
The United States Justice Department today filed a lawsuit to stop a planned merger between AT&T and Time Warner, reports Bloomberg. The DOJ believes such a merger would result in higher bills and fewer options for consumers.
“This merger would greatly harm American consumers. It would mean higher monthly television bills and fewer of the new, emerging innovative options that consumers are beginning to enjoy,” said Makan Delrahim, the head of the department’s antitrust division.
According to Bloomberg, this is the first time in several decades that the DOJ has sued to block a vertical deal, aka a merger between two companies that do not directly compete with one another. The lawsuit comes following a request from antitrust head Delrahim that the two companies sell either the Turner broadcasting unit or DirecTV, which AT&T refused to do.
Given that the DOJ does not usually step in to block vertical deals, it is unclear how this legal battle will play out in court. Other similar deals, such as Comcast’s purchase of NBC Universal, have gone through after certain conditions have been put in place.
AT&T and Time Warner have been in talks over a merger since late 2016, with AT&T planning to shell out $85.4 billion for Time Warner.
AT&T says the DOJ’s lawsuit is a “radical and inexplicable departure from decades of antitrust precedent,” and that it is confident the court will reject the claims and allow the merger to proceed.
The Trump administration’s Department of Justice (DOJ) today filed a lawsuit to block AT&T’s proposed acquisition of Time Warner Inc.
AT&T has been the nation’s largest pay-TV company since it acquired DirecTV in 2015. Acquiring Time Warner and its stable of popular TV programming would give the company too much control over programming and distribution, the DOJ said.
Together, AT&T and Time Warner would attempt to impede competition from online video distributors and raise prices on rivals that want access to Time Warner programming, the DOJ alleged.
President Donald Trump designated North Korea a state sponsor of terrorism on Monday, allowing the United States to impose additional sanctions and penalties against Pyongyang as it continues to pursue nuclear weapons programs.
LONDON (Reuters) – Prime Minister Theresa May met with senior members of her ministerial team on Monday to discuss their response to European Union demands for more detail on how much Britain is willing to pay as part of its Brexit divorce package.