AT&T offloading its media unit WarnerMedia, reversing its largest deal from 2018. WarnerMedia is now set to partner up with Discovery to focus on streaming services. Facebook plans to launch a new digital currency later this year. It failed the first time, will it work now? Many Americans ultimately aspire to buy their own house….
AT&T to Exit Media in $43 Billion Deal With Discovery
AT&T, owner of HBO and Warner Bros studios, and Discovery, home to lifestyle TV networks such as HGTV and TLC, said on Monday they will combine their content assets to create a standalone global entertainment and media business. Discovery President and Chief Executive David Zaslav will lead the proposed new company, which brings together one…
Washington, D.C. Attorney General Sues AT&T, Alleging Overcharges
WASHINGTON—Washington, D.C., Attorney General Karl Racine filed a lawsuit against AT&T Mobility National Accounts, alleging that the company overcharged the city millions of dollars for cellphone and internet services, Racine’s office said in a statement on Wednesday. Racine’s office said AT&T was contractually required to give the city the cheapest data and wireless phone services…
AT&T Takes $15.5 Billion Charge on DirecTV, Adds More Phone Customers
AT&T said on Wednesday it wrote down its premium TV business, which includes satellite television unit DirecTV, by $15.5 billion, reflecting the impact of years of cord-cutting in the industry as viewers move to cheaper online streaming services. The fourth-quarter writedown comes as sources have told Reuters AT&T has entered into exclusive talks to sell…
Nashville Bomber Left Hints of Trouble, but Motive Elusive
NASHVILLE, Tenn.—In the days before he detonated a bomb in downtown Nashville on Christmas, Anthony Quinn Warner changed his life in ways that suggest he never intended to survive the blast that killed him and wounded three other people. Warner, 63, gave away his car, telling the recipient that he had cancer. A month before…
AT&T Reports Significant Progress on Nashville Service Restoration
AT&T has been able to restore most of its communication utilities affected by the bombing on Christmas morning in downtown Nashville, Tennessee. In its latest update, the company said that more than 75 percent of mobility sites affected by the explosion have now been restored, and it is expecting additional improvements as more equipment comes…
Is the FBI Already Engaged in a Cover-Up in the Nashville Bombing?
It’s no exaggeration to say the Federal Bureau of Investigation doesn’t have the best reputation of late. The names Comey, McCabe, Strzok, Page and others come to mind, not to mention the lacerating report by the inspector general on FISA and the fact that John Durham, now a special counsel, is still out there investigating…
Is the FBI Already Engaged in a Coverup in the Nashville Bombing?
Commentary It’s no exaggeration to say that the FBI doesn’t have the best reputation of late. The names Comey, McCabe, Strzok, Page, and others come to mind, not to mention the lacerating report by the inspector general on the Foreign Intelligence Surveillance Act, and the fact that John Durham, now a special counsel, is still out…
Deadly Force Could Be Used Against Aircraft Over Nashville: FAA
The Federal Aviation Administration (FAA) classified airspace over Nashville as “National Defense Airspace” in a temporary flight restriction and said the government could use deadly force against violators. The FAA may take administrative action, including civil penalties and suspension of airmen certificates, and the federal government may place criminal charges against pilots who violate the…
Was Nashville Blast the New Fort Sumter?
Commentary It was unseasonably cold as my wife, daughter, and I emerged from a downtown Nasvhille restaurant where we had been enjoying a Christmas Eve dinner. All was quiet. That rarity in the South, a gentle snow, was drifting down, reflected in the Christmas lights of the neighboring buildings. It was almost magical. You could…
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