AT&T may have to dump CNN to get Time Warner deal approved

Government's holdup of AT&T's acquisition of Time Warner worries some

"I didn't make that decision", Trump told reporters, The Washington Post reported.

Another source said Murdoch had "zero interest" in owning CNN.

There are many fine reasons for the Department of Justice to act against the impending $85 billion merger of AT&T and Time Warner.

The Justice Department told AT&T that it wanted the telecom company to sell its DirecTV satellite unit or Time Warner's Turner, which houses CNN, TBS and TNT, to get the deal approved, said a person familiar with the situation.

"We're prepared to litigate now", Stephenson said at a conference this week hosted by the New York Times.

The official the president referred to was DOJ anti-trust chief Makan Delrahim, a Trump appointee who has threatened to block the deal in court unless AT&T sells off either Turner Broadcasting or its DirecTV service-the latter option impossible as it would undermine the entire basis of the merger.

This week, Delrahim and other agency officials told AT&T that the deal as it now stands raises anti-competition concerns, and that the company will need to shed some assets, perhaps either Turner or DirecTV.

"I do feel you should have as many news outlets as you can - especially since so many are fake", Trump continued, according to a pool report.

The corporate negotiations are political in part because Trump frequently calls out CNN as "fake news".

"I did make a comment in the past as to what I think", Trump said. The Wall Street Journal has revealed that Kushner was particularly very annoyed with the cable news agency's "fact-checking" during the presidential campaign. The White House has also said that Trump has not spoken to Attorney General Jeff Sessions about the matter, nor were any White House officials authorized to speak to DOJ on it.

The newspaper's source in the White House said that this was meant merely as a joke and Kushner did not mean to be taken seriously.

"We have been working very diligently on a litigation strategy and a litigation plan", he said, adding: "We would obviously ask for an expedited hearing".

Related News:

  • Hungry panda 'photobombs' Melania Trump

    Hungry panda 'photobombs' Melania Trump

    On Friday, Melania had an opportunity to feed Gu Gu, the facility's celebrity panda, and learn about his nutrition and training. Earlier Friday, the Slovenian immigrant and former fashion model went to the Beijing zoo to check out a very important panda.
    Jose Altuve and Buster Posey win fourth Silver Slugger Awards

    Jose Altuve and Buster Posey win fourth Silver Slugger Awards

    November 9: DH Nelson Cruz wins American League Silver Slugger award after hitting 39 home runs leading the league with 119 RBIs. He also hit 24 homers, had 81 RBIs and stole 32 bases in the regular season to lead the Astros to the AL West title.
    Suns finalising deal to send Eric Bledsoe to Bucks

    Suns finalising deal to send Eric Bledsoe to Bucks

    Bledsoe would join a Bucks backcourt with 2016 Rookie of the Year Malcolm Brogdon , Matthew Dellavedova and Jason Terry. Bledsoe has been away from the Suns for disciplinary reasons but Milwaukee had no issue with bringing him on board.
  • Louis CK's new film will not be released following sexual misconduct allegations

    Louis CK's new film will not be released following sexual misconduct allegations

    The comedian's publicists initially said that they were not issuing a statement. He did not make clear how long he would be stepping back for.
    TTV Dinakaran: Centre can't harm us by conducting IT raids

    TTV Dinakaran: Centre can't harm us by conducting IT raids

    Security personnel arrived in large numbers early at Jaya TV office at Ekkaduthangal and stood guard at the entrance. It is now being controlled by jailed AIADMK leader VK Sasikala's family members, led by her nephew Vivek Jayaraman.
    Ezekiel Elliott's Suspension Is Back On Again

    Ezekiel Elliott's Suspension Is Back On Again

    It wasn't immediately clear how soon the court would rule on Elliott's claim that he was treated unfairly by the NFL. Now Elliott seeks a longer-lasting injunction from a three-judge panel that will hear his case Thursday in NY .
  • The OnePlus 5T WILL NOT Feature Wireless Charging

    The OnePlus 5T WILL NOT Feature Wireless Charging

    Lau said that they actually considered using wireless charging technology for the OnePlus 5T , but simply chose not to. Another given reason was that users won't be able to work on the device while it is kept on wireless charging pads.
    Harry Potter Version of Pokemon Go,

    Harry Potter Version of Pokemon Go, "Wizards Unite", Coming Soon

    Rumors of a Harry Potter mobile game previously surfaced past year when Niantic announced it had acquired the rights to the app. If you owned a smartphone in the summer of 2016, chances are you were sucked into Pokémon Go for some amount of time .
    Staten Island Mall hours for Thanksgiving, Black Friday 2017

    Staten Island Mall hours for Thanksgiving, Black Friday 2017

    Best Buy will open at 5 p.m. on Thanksgiving. "It also shows that Black Friday is not as important as it once was". Penney said it will start its Black Friday sales online starting the Sunday before Thanksgiving.
  • 'Pokemon Go' creator set to release 'Wizards Unite' in 2018

    'Pokemon Go' creator set to release 'Wizards Unite' in 2018

    As Niantic have seen such success using AR for Pokemon Go , they've brought this technology to their upcoming game. On January 1, 2018, the network will air a chronological Harry Potter marathon.
    JC Penney Stock Surges as Turnaround Plan Shows Results

    JC Penney Stock Surges as Turnaround Plan Shows Results

    Penney Company, Inc. might touch $5 high while the Average Price Target and Low price Target is $3.34 and $1.5 respectively. At the close of regular trading, its last week's stock price volatility was 17.79% which for the month reaches 36.3%.
    Google readying Android app to manage storage, share files without internet

    Google readying Android app to manage storage, share files without internet

    Users can browse through all of your phone's content by downloads, received files, images, videos, audio, and documents. The app serves several key functions, including working as a storage manager to organize files and free up space.


Most liked

Nvidia is about to release its earnings (NVDA)
The shares price go up so far this year; showing a rise of 92.36% and dropped with negative flow of -0.30% during recent week. Cryptocurrencies have been a boon for Nvidia's graphics processing units, which are prominent in gaming and machine learning.

England's Eric Dier satisfied with Germany draw
The stats make for good reading as Loftus-Cheek had a 96 percent pass completion rate, completing 50 successful passes out of 52. We've looked at what Germany have done over a period of time and want to establish a pathway for our young players.

Hope Solo accuses Sepp Blatter of 'grabbing' her inappropriately
Blatter also famously argued in 2004 that players could boost the popularity of the women's game by wearing tighter shorts . Disgraced ex-Fifa president Sepp Blatter has been accused of sexual assault by veteran USA women's goalkeeper Hope Solo .

Alibaba racks up $35b in Singles' Day sales
E-commerce giant Alibaba on Saturday kicked off its ninth edition of the 11.11 Global Shopping Festival, its annual sales event. But environmentalists accuse Alibaba and other e-tailers of fuelling a culture of excessive consumption and mountains of waste.

'Flexible' Pakistan allows wife to meet Kulbhushan Jadhav
In May this year, India moved the International Court of Justice against the death sentence without giving him a fair trial. India had requested a Pakistani visa for Jadhav's mother, Avantika, who wanted to meet her son in Pakistan.

Panel for pay hike of lower court judges likely to be setup
The two were accused of assuring the college representative of getting favourable orders from the top court. Given the seriousness of the matter, the judge chose to take up the petition in the afternoon.

United Kingdom growth will lag behind eurozone, says European Commission forecast
The country with the lowest growth rate this year will be Italy - 1.5 percent - ahead of an uncertain electoral year. In its previous forecasts in May , the Commission counted on only a 1.9 percent growth this year and next year.

Three-Carrier Strike Force Exercise to Commence in Western Pacific
North Korea will be at the top of the agenda as Trump tries to pressure Beijing into cracking down on Pyongyang. He mentioned that this type of operation is very complex.

Khulna-Kolkata train services launched
The 982.20m long and 7m width Bhairab Railway Bridge was built at a cost of 5.67bn taka, with construction beginning in 2013. The train, according to the schedule, would leave Kolkata at 11 a.m. (India time) and reach Khulna in four and half hours.

Rays' Evan Longoria wins third Golden Glove Award
Goldschmidt, 30, captured his third Gold Glove distinction to cap a stellar season that puts him firmly in the MVP conversation. Hosmer's four Rawlings Gold Glove Awards are tied with Perez for third-most all-time among Kansas City players.

Danica Roem will become first openly trans legislator after stomping her opponent
Marshall also refused to debate Roem, ran attack ads against her, and previously referred to her by male pronouns. The night was historic a lot of "firsts" to be elected happened, like Danica Roem .

Facebook trialling system to combat revenge porn
Facebook then uses the photo-matching AI it's already been using when it automatically tags your face in images and the like. Anxious exes who fear their former partner is set on revenge porn will be urged to upload photographs of themselves nude.

Syrian troops break into last IS-held town
Abadi visited Qaim and the nearby Husaybah border crossing in Western Iraq on Sunday, al-Iraqiya TV said, raising the Iraqi flag. The Syrian Observatory for Human Rights , however, disputed this account, saying some fighting continued across the town.

Apple Readying Augmented-Reality Glasses For 2020 Launch
As for input, the company is allegedly experimenting with touch panels, voice activation serviced by Siri and head gestures. Apple is ramping up its development of augmented reality (AR) hardware, according to a new Bloomberg report .

Lead Marvel Writer Brian Michael Bendis Departs for DC
It will be interesting to see who will be replacing Bendis in the four titles he is now writing and when they will come. Bendis later retweeted the announcement, confirming it is real and not some nefarious plot by the Anti-Monitor.