Edward Graham

By Edward Graham Top Stories Twenty-First Century Fox Inc. and Walt Disney Co. announced a new merger agreement, with Fox saying in a statement that Disney’s offer “is superior to the proposal” that was made by Comcast Corp. earlier this month. Disney originally agreed in December to purchase certain Fox assets for $52.4 billion in stock, […]

By Edward Graham Top Stories The U.S. Senate voted 85-10 to reinstate the ban on U.S. companies doing business with Chinese telecom firm ZTE Corp. as part of a must-pass defense bill, rejecting a deal that President Donald Trump had made to save the company. Shares of ZTE, which had ceased major operations after the U.S. […]

By Edward Graham Top Stories Facebook Inc. said that it will soon implement new age restrictions aimed at preventing children from viewing advertisements for gun accessories such as scopes, holsters or magazines. The social media platform said that the new policy, set to take effect on June 21, would not prohibit the ads, but would require […]

By Edward Graham Week in Review Judge rules in favor of AT&T-Time Warner merger A federal judge ruled that AT&T Inc. can move forward with its $85 billion acquisition of Time Warner Inc., rejecting the Justice Department’s challenge that the merger would suppress competition in the pay-TV industry. U.S. District Judge Richard Leon ruled that the […]

By Edward Graham Top Stories Credit reporting firm Equifax Inc., which came under fire after disclosing last year that a data breach exposed personal information from more than 145 million people, has named a new technology chief to oversee the company’s information security. Bryson Koehler, who served as the chief technology officer of International Business Machines […]

By Edward Graham Top Stories Apple Inc. said it would block access to the Lightning port that law enforcement uses to break into iPhones during criminal investigations, and that it would disable the port at the bottom of the devices an hour after users lock their phones, starting with software updates scheduled for release this fall. […]

By Edward Graham Top Stories Toyota Motor Corp. agreed to purchase a $1 billion stake in Southeast Asia’s ride-hailing company GrabTaxi Holdings Pte. Ltd., a deal that comes as traditional automakers are teaming up with disruptive tech companies. Grab acquired Uber Technologies Inc.’s operations in Southeast Asia earlier this year. (Reuters) Tesla Inc. said it will […]

By Edward Graham Top Stories A ruling in the trial over AT&T Inc.’s planned acquisition of Time Warner Inc. is expected at 4 p.m. ET today, marking the culmination of a 20-month legal fight by both companies to defend their merger and the first major test of the Trump administration’s antitrust unit. A legal victory for […]

By Edward Graham Top Stories The Federal Communications Commission’s repeal of the Obama-era net neutrality rules is officially set to take effect today, despite efforts by congressional Democrats, state officials and some tech companies to preserve the 2015 rules. The Republican-led FCC voted along along party lines in December to repeal the rules, which were designed […]

By Edward Graham Week in Review ZTE Corp. Commerce Secretary Wilbur Ross said the United States struck a deal with Chinese telecom firm ZTE Corp. to end U.S. sanctions against the company, an agreement that reportedly includes a $1 billion penalty against ZTE and embedding a U.S.-chosen compliance team within the firm. Ross said the agreement […]