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AT&T Agrees to Buy Time Warner for Around $80 Billion

ATT mergerAT&T has agreed to buy Time Warner for more than $80 billion, a person briefed on the matter said on Saturday, a move that would create a new colossus in the worlds of media and telecommunications.

The proposed transaction could be announced as soon as Saturday, barring last-minute changes, this person added.

Putting together AT&T, a sprawling video and internet empire that encompasses cellphone and cable service along with DirecTV, and Time Warner’s media holdings, which include HBO, CNN and the movie studio Warner Bros., would create a formidable new player and potentially spur even more deals. In recent weeks, the family that controls CBS and Viacom has urged the two companies to consider a merger.


Why is the Ivanka Trump clothing line boycott growing? You are what you wear

Ivanka brand boycott growingLike many women who have watched sexual harassment allegations against Trump unfold, [Shannon] Coulter was reminded of her own experience. “I was in an office belonging to a firm I was working for in Silicon Valley and my boss’s boss came breezing through. Suddenly he came up behind me and pressed himself right up against me and said ‘Why is it you always look so good?’ He had a colleague with him and it was so humiliating,” Coulter recalled.

“And when I heard Donald Trump talking on that tape, I recognized in his words the same feeling that I had that day – of being nothing more than an object. No matter how smart you are or how hard you work, they can do that to us,” she said.

Now Coulter is taking action.


Japanese are working themselves to death--literally

Japanese working themselves to deathMatsuri Takahashi was just 24 years old and the graduate of prestigious Tokyo University when she leaped to her death from her company dormitory on Christmas Day last year.

Tokyo Labor Bureau investigators ruled her suicide karoshi — death by overwork.

The Labor Bureau announced on Oct. 7 that Takahashi had been required to work 100 hours or more of overtime per month for months on end at the prominent Dentsu advertising agency. She often got as little as two hours of sleep a night, rarely had a day off and was ordered by supervisors to report fewer hours than she actually worked.


Samsung scraps Galaxy Note 7 over fire concerns

Glaxy 7 Samsung Electronics Co Ltd (005930.KS) scrapped its flagship Galaxy Note 7 smartphone on Tuesday less than two months after its launch, dealing a huge blow to its reputation and outlook after failing to resolve safety concerns.

Samsung announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire and on Tuesday it finally pulled the plug on the $882 device in what could be one of the costliest product safety failures in tech history.

The decision to scrap the Note 7 came after fresh reports of fires in replacement devices prompted new warnings from regulators, phone carriers and airlines.


The Latest: Harvard economist 'thrilled' by Nobel

Oliver HartHarvard economist Oliver Hart says he's "thrilled" his work has received one of the highest honors of his profession.

"It's a recognition that your work has been valuable. That's what we all want," he said at a news conference Monday at the university's economics department.

"I can't deny that the thought had crossed my mind that I might win it. But I could not imagine the phone actually ringing," Hart said later in an interview with the AP.


J&J warns diabetic patients - Insulin pump vulnerable to hacking

Insulin pumps can be hacked: J&JJohnson & Johnson is telling patients that it has learned of a security vulnerability in one of its insulin pumps that a hacker could exploit to overdose diabetic patients with insulin, though it describes the risk as low.

Medical device experts said they believe it was the first time a manufacturer had issued such a warning to patients about a cyber vulnerability, a hot topic in the industry following revelations last month about possible bugs in pacemakers and defibrillators.


USA sweep to victory in Ryder Cup as Rory McIlroy and Europe taste defeat

Ryder Cup win by USHad the United States not been harshly subjected to an earlier, harrowing run which led to public denouncement of captains and the formation of a task force, they might ponder how straightforward this all was. The Ryder Cup that had everything produced a result of wider benefit with Hazeltine the venue for the reinvigoration of the US in context of this event.

For once screaming triumphalism had basis in an emphatic victory, by 17 points to 11. There was to be no fourth success in a row for Europe, a handy scene for those who were growing weary both of one-sided contests and self-aggrandising statements.



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