Monopoly Money: AT&T, the company that once had a monopoly on telephone service in the US before it was broken up, has reached an agreement to buy the media conglomerate Time Warner for $85 billion. AT&T now wants to control the message and the means of delivery.
Cyber War: A nationwide “denial of use” internet attack yesterday morning clogged access to some of the biggest and most influential websites; Netflix, Twitter, Spotify, Airbnb, Reddit, Etsy, SoundCloud and The New York Times.
AT&T owns telecommunications, satellite television, and Cable Television operations. Time Warner owns CNN, HBO, and Warner Bros., along with a long list of other properties.
Federal regulators who will have to evaluate whether this is too much communications power concentrated in one company. It will be the first, and one of the biggest, regulatory cases to face the next administration.Read more
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Friday, October 21, 2016
E Minus 18: Donald Trump yesterday continued his assault on the reliability of the November election. “I would like to promise and pledge to all of my voters and supporters, and to all of the people of the United States, …Read more
Sunday, October 23, 2016
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It's Been Said
“The essence of a libel claim, of course, is the protection of one’s reputation. Mr. Trump has bragged about his non-consensual touching of women. He has bragged about intruding on beauty pageant contestants in their dressing rooms. He acquiesced to a radio host’s request to discuss Mr. Trump’s own daughter as a “piece of ass.” Multiple women not mentioned in our article have publicly come forward to report on Mr. Trump’s unwanted advances. Nothing in our article has had the slightest effect on the reputation that Mr. Trump, through his own words and actions, has already created for himself."
-Letter from the NY Times responding to Donald Trump's claim that the paper libeled him in a story about two women who say Trump sexually assaulted them.