Comcast raises bid for Sky to $34 billion, tops Fox’s offer

Comcast Corp on Wednesday raised its offer for Britain’s Sky in a deal valuing the pay-TV group at $34 billion, topping a raised bid of $32.5 billion from Rupert Murdoch’s Twenty-First Century Fox .

Elon Musk says he will fund fixing Flint’s foul water

For around four years now, the water supply to the city of Flint, Michigan, has been contaminated with lead. Now, Tesla and SpaceX CEO Elon Musk has promised to help. Replying to a request on Twitter, Musk pledged to fund remediation work to houses with contaminated water supplies.

For some time now, people on Twitter and elsewhere have been calling on Musk to turn his attention to this domestic scandal; those calls having escalated in response to his high-profile interest in the rescue of 12 children and their soccer coach from a cave network in Thailand.

As is usually the case with plans that are barely an hour old, the details are thin as of now. But Musk—tweeting from China—told people in Flint to reply to his tweet with test results showing contamination above the recommended limits, at which point he would arrange having a water filter fitted for them. (We should note that it’s actually the EPA, not the FDA, that sets limits on environmental pollution exposure, and that the state of Michigan has already been supplying water filters to affected residents.)

Read 2 remaining paragraphs | Comments

Justice Department announces task force to deter fraud, avoid ‘piling on’

U.S. Justice Department officials on Wednesday announced the establishment of an anti-fraud task force intended to deter fraud and coordinate investigations to avoid “piling on,” where multiple agencies probe the same alleged misconduct.