From GeekWire: U.S. Justice Department lawsuit over AT&T’s Time Warner acquisition appears imminent


The U.S. Department of Justice plans to file a lawsuit to prevent AT&T from gobbling up Time Warner for $85.4 billion, according to multiple reports. The acquisition initially looked like it would go through but a few weeks ago, Makan Delrahim took over as the new U.S. antitrust chief, investigating the deal. He urged the companies to sell off assets to avoid competition concerns, to no avail, according to Bloomberg. GeekWire asked whether Washington Attorney General Bob Ferguson plans to join the legal battle. A spokesperson said that the AG’s office had received a complaint from the Justice Department but… Read More

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From TechCrunch: Media startup Cheddar launches its TV channel in Europe with Molotov

 Business news network Cheddar has been partnering with social media platforms and OTT services in the U.S. And Cheddar is now looking at international markets. The media company is partnering with French startup Molotov so that French viewers can…

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From VentureBeat: Here’s how social video will evolve in 2018

GUEST: Over the past few years, the internet has evolved from a text-based medium to the new TV. Cisco estimates that video accounts for 69 percent of all internet traffic in 2017. When the next-generation wireless network, 5G, hits in 2019 and 2020, we can expect that number to grow as more consumers are able to […]

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From TechCrunch: YouTube terminates exploitive ‘kids’ channel ToyFreaks, says it’s tightening its child endangerment policies

 Following consumer outrage over YouTube’s handling of disturbing videos aimed at children on its network, the company has now banned one of the more controversial kid channels it hosted, Toy Freaks. The channel, the 68th largest on YouTube …

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From TechCrunch: MoviePass drops pricing to under $7 per month, if you opt for the annual plan

 MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, …

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From VentureBeat: Spotify acquires Swedish collaborative audio recording startup Soundtrap

Spotify has acquired fellow Swedish startup Soundtrap, which offers a collaborative online music and audio recording studio. Terms of the deal were not disclosed. Founded in 2012, Soundtrap had raised around $8.5 million to target amateur musicians with a cloud-based recording platform that works across mobile and desktop. Though its initial focus was on the music […]

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From VentureBeat: Spotify acquires Swedish collaborative audio recording startup Soundtrap

Spotify has acquired fellow Swedish startup Soundtrap, which offers a collaborative online music and audio recording studio. Terms of the deal were not disclosed. Founded in 2012, Soundtrap had raised around $8.5 million to target amateur musicians with a cloud-based recording platform that works across mobile and desktop. Though its initial focus was on the music […]

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