Latest Time Warner Inc News

Democrats raise political influence issue in antitrust probe

Sep. 17, 2019 7:33 PM EDT

WASHINGTON (AP) — Senate Democrats are challenging a new Justice Department probe into a deal between California and four big automakers, accusing the Trump administration of using antitrust powers to target political opponents. "My suggestion is you're doing this for political reasons," Sen. Sheldon...

Big Tech faces a new set of foes: nearly all 50 US states

Sep. 10, 2019 5:03 AM EDT

Big tech companies have long rebuffed attempts by the U.S. federal government to scrutinize or scale back their market power. Now they face a scrappy new coalition as well: prosecutors from nearly all 50 states. In a rare show of bipartisan force, attorneys general from 48 states along with Puerto Rico and the...

Elliott invests $3.2B in AT&T, seeks changes

Sep. 9, 2019 10:53 AM EDT

NEW YORK (AP) — Activist hedge fund manager Elliott Management is making a new $3.2 billion investment in AT&T, roughly a 1% stake, and calling for changes at the company such as selling assets and paying down debt. The move comes as AT&T readies a streaming service following its $81 billion...

As feds loom, states hit Facebook, Google with new probes

Sep. 6, 2019 6:15 PM EDT

WASHINGTON (AP) — Two groups of states are targeting Facebook and Google in separate antitrust probes, widening the scrutiny of Big Tech beyond sweeping federal and congressional investigations into their market dominance. Facebook and Google are two of the world's largest and most ubiquitous tech...