Breaking, Business, Internet, News, VR World

AT&T Acquires Time Warner Inc.

AT&T Inc. has reached an agreement to buy Time Warner Inc. for $85.4 billion in a deal that would transform the phone company into a media giant. The wireless carrier agreed to pay $107.50 a share, evenly split between cash and stock. The companies said they expect the deal to close by the end of 2017. AT&T Chief Executive Randall Stephenson would head the new company, as the surviving entity. The companies said Time Warner Chief Executive Jeff Bewkes would stay for an interim period following the close of the deal to help with the transition. The combined business would pair the carrier’s millions of

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Breaking, Business, Hardware, Mobile, News, Samsung, Smartphones

More Problems and Great Sales for Samsung Galaxy Note 7

After a rocky start some Samsung Galaxy Note 7’s costumers are facing a new nightmare. This week brings new information from South Korean buyers who have already received their replacements complain about various issues with the phones, including overheating and battery problems such as fast battery draining and overheating. It’s not clear at this time how widespread the issues are, but they’re significant enough to make the news. On the other hand, given that Samsung’s recall is one of the most important things happening in tech this month, intense scrutiny is only to be expected. According to “The Wall Street Journal,” South Korean TV news network

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Business, Mobile Computing, VR World

GT Advanced CEO Sold Millions Before Bankruptcy

GTAT GT Advanced Technologies

GT Advanced’s CEO, Tom Gutierrez, sold millions of dollars worth of shares including some $160,000 worth days before the company’s chapter 11 bankruptcy filing

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