Time Warner C.E.O. Testifies That AT&T Merger Is Needed to Battle Silicon Valley

Time Warner’s chief executive vigorously defended his company’s $85.4 billion merger with AT&T on Wednesday, saying the deal was necessary to confront “tectonic changes” in entertainment caused by internet competitors like Netflix and Amazon......»»

Jeffrey Bewkes, Time Warner’s chief executive, said on Wednesday in federal court that Time Warner is an underdog against Amazon, Netflix and others — unless it merges with AT&T......»»

Randall Stephenson, AT&T’s chief executive, defended his deal to buy Time Warner and said a combined company would be no different than those that already exist in Silicon Valley......»»

WASHINGTON (Reuters) - Time Warner Chief Executive Jeff Bewkes on Wednesday defended his company's planned merger with telecoms firm AT&T as necessary to compete effectively for advertising with internet giants like Google and Facebook......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

WASHINGTON (Reuters) - Time Warner Chief Executive Jeff Bewkes on Wednesday defended his company's planned merger with AT&T as necessary to compete effectively for advertising with internet giants like Google and Facebook......»»

AT&T CEO Randall Stephenson and Time Warner CEO Jeff Bewkes will take the witness stand this week to defend their proposed $85 billion merger, a key moment in a high-stakes court battle with U.S. antitrust enforcers......»»

Executives at AT&T and Time Warner were popping open the Champagne last week after scoring an unqualified victory in their battle with the Justice Department over their $85.4 billion merger. But... To view the full story, click the title link......»»

Executives at AT&T and Time Warner were popping open the Champagne last week after scoring an unqualified victory in their battle with the Justice Department over their $85.4 billion merger. But... To view the full story, click the title link......»»

The United States Department of Justice came out swinging in a new briefing that attacks AT&T in the appeal for the Time Warner merger case. The government, seeking to overturn the judgement of a lower court in June, took a direct aim in fewer page.....»»

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Many of the top local contractors had a tough time in 2020, but Devcon managed to up its Silicon Valley sales......»»

California-based Enovix Corp., which makes 3D silicon lithium-ion bat.....»»

The case threatens to carry great legal and political significance at a time when lawmakers across the country are eyeing the tech industry over its eye-popping pandemic profits.....»»

Sen. Mark R. Warner (D-Va.) is set to introduce a bill that takes aim at Facebook, Google and other tech giants, seeking to hold Silicon Valley more directly accountable when viral posts and videos result in real-world harm......»»

Politically and legally, what happened in Washington, D.C., on Jan. 6 will linger a long, long time. And — perhaps more so than at any other time — Silicon Valley is playing a key role......»»