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AT&T says Time Warner purchase could avoid FCC scrutiny

AT&T says Time Warner purchase could avoid FCC scrutiny

Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station, analysts say. Despite its big media footprint, […]

U.S. sues D-Link, alleges lax security in routers, cameras

The FTC brought the charges as part of a broader effort to improve security of internet-connected devices, including routers, webcams, digital video recorders and other widely used consumer electronics devices. The company said the claim is without merit. «D-Link denies the allegations outlined in the complaint and is taking steps to defend the action,» it […]

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The best spots to explore outdoors in Victoria

DITCH the computer and grab your pack, because you’ll be surprised by how refreshing a nature getaway can be. Whether it’s a weekend trip from Melbourne or a week-long commitment, Skyscanner Australia is here to set you on the right (walking) track with Victoria’s best campsites and hiking trails. 1. THE CATHEDRAL RANGES The Cathedral […]

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Dreamworld virtual ghost town two months after death of four patrons

IT should have been one of the biggest days of the year at Dreamworld, but two months after the death of four patrons the theme park was a virtual ghost town yesterday, with a poor crowd and continuing safety audits. The fallout from the deaths of Cindy Low, Kate Goodchild, Luke Dorsett and Roozi Araghi […]

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Bitcoin plunges as much as 20 percent as Chinese yuan soars

Bitcoin had gained more than 40 percent in two weeks to hit a three-year high of $1,139.89 on Wednesday, just shy of its all-time record of $1,163 on the Europe-based Bitstamp exchange BTC=BTSP. But it dived as low as $885.41 on Thursday as the yuan jumped by over 1 percent in offshore trading and headed […]

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Lone Star picked as top candidate to buy Portugal’s Novo Banco

The central bank now plans to hold further talks with Lone Star after selecting it ahead of other prospective purchasers including China’s Minsheng Financial Holding and U.S. funds Apollo and Centerbridge. Portugal had hoped to decide on the sale of Novo Banco by the end of last year, ahead of a final August 2017 deadline […]

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Fincantieri’s bid for STX France approved by South Korean court

The Seoul court spokesman, who announced the decision, declined to give further details, as did a Fincantieri spokesman. Analysts at Banca IMI estimate Fincantieri would offer below 100 million euros ($104 million) for the asset. The sale of STX France, which specializes in building cruise ships at the Saint-Nazaire shipyard and is profitable, forms part […]

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Intesa Sanpaolo to provide 5.2 billion euro loan in Rosneft deal

The consortium, of which Qatar Investment Authority and Glencore each own 50 percent, is buying the stake from the Russian state for 10.2 billion euros. A spokesman for Intesa Sanpaolo said on Tuesday Italy’s biggest retail bank was underwriting the loan in full. Intesa will then seek to involve other lenders in the deal, creating […]

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Philippines may relocate naval drills with U.S.: defence minister

The Philippines has already decided to reduce the number of drills it holds with its long-term ally and former colonial master after Duterte announced a sudden pivot towards China. Defence Secretary Delfin Lorenzana told reporters at a military ceremony on Friday that Duterte had advised him to seek a new location for the war games. […]

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