AT&T aims to break from streaming crowd with Time Warner
By Lisa Richwine LOS ANGELES (Reuters) - AT&T is betting its purchase of Time Warner Inc will give the company an edge in winning subscribers for its live internet television package, a new front in media that is about to become crowded by technology players. The DirecTV Now service coming to the market next month will offer the kind of live programming on multiple channels now available primarily through traditional cable providers. DirecTV's price will be in the middle, at $35 a month for more than 100 channels, AT&T Chief Executive Randall Stephenson said on Tuesday.
Apple's holiday surprise: big sales, not so big profits
Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down. "In essence, in China and elsewhere, while Apple’s products are still seen favorably, the distance between Apple and its competitors is nowhere near as great as it once was," Neil Saunders, head of retail research firm Conlumino, wrote in a note. Apple shares fell 2.8 percent to $114.99 in after-hours trading.
T-Mobile seen as top target following AT&T-Time Warner deal
By Malathi Nayak NEW YORK (Reuters) - T-Mobile US Inc is the likeliest acquisition target as media companies seek a wireless partner following AT&T Inc's proposed $85.4 billion takeover of Time Warner Inc, analysts said. AT&T announced the deal late on Saturday, stoking urgency in the telecoms and media sectors, where carriers facing a saturated wireless market are looking for content to attract mobile users and producers of shows and movies are seeking digital distribution. T-Mobile took most of the wireless industry's subscriber and revenue growth in the third quarter.
U.S. Treasury tells banks to provide details on cyber attacks
The U.S. government on Tuesday told banks to include details about cyber attacks when filing mandatory reports on fraud and money laundering, saying that will help battle digital crimes that pose "a significant threat" to the U.S. financial system. The U.S. government has long required banks to submit confidential reports known as suspicious activity reports, or SARs, in fraud cases involving at least $5,000. The Treasury Department's office of Financial Crimes Enforcement Network, or FinCEN, released an advisory that specifies what details banks should include in SARs when there is a cyber element in the case.
AT&T's DirecTV Now online video service to cost $35 per month
NEW YORK (Reuters) - AT&T Inc's upcoming DirecTV Now online video service will cost $35 per month, Chief Executive Randall Stephenson said, speaking at the WSJ.D Live conference in California on Tuesday. The wireless company's streaming video service, which will launch late next month, will have more than 100 channels, Stephenson said. AT&T said on Saturday that it would buy Time Warner Inc for $85.4 billion, as it looks to diversify its business into the media and entertainment market. (Reporting by Malathi Nayak; Editing by Jonathan Oatis)
GM's OnStar, IBM's Watson combine to market brands to drivers
By Alexandria Sage SAN FRANCISCO (Reuters) - General Motors Co and International Business Machines Corp on Tuesday said they would combine IBM's artificial intelligence software Watson with the carmaker's OnStar system in order to market services to drivers in their vehicles. The feature, called OnStar Go, is set to debut early next year in more than two million GM vehicles with 4G service, IBM and GM said in a joint statement. IBM's Watson, which beat two previous winners of the quiz show "Jeopardy!" in 2011, will sift through data in order to recognize a driver's habits, allowing third-party marketers to deliver targeted offers, whether nearby coffee shops, reminders about shopping-list items, or paying for fuel from their dashboards.
Why the iPhone 7 Plus Is Now the Phone to Beat
Because early sales of the iPhone 7 and 7 Plus were pretty strong, according to figures released by Apple. The timing of Apple's projected rebound in iPhone sales comes as its chief rival Samsung is still reeling from the Note 7 fiasco.
The Tesla Model S P100D has smashed another record with a blistering 10.76 second quarter-mile
When we talk about how fast Tesla's are, we tend to focus on how fast Tesla's vehicles can go from 0-60. The recently released Tesla Model S P100D, for example, is an absolute rocket and can go from 0-60 in 2.5 seconds flat. Understandably proud, Tesla CEO Elon Musk appropriately calls the Model S P100D the fastest production car in the world. But here's the thing: nobody in the real world really lives in a universe where 0-60 time even matters. And yet, we're still overly concerned with 0-60 times as if getting up to that speed in 2.5 seconds as opposed to 3 seconds is all that important or significant. Even the brilliant Vin Diesel eschews the 0-60 metric and instead chooses to live his life a quarter mile at a time. Sure, the quarter mile time is just as pointless as 0-60, but in the interest of spicing things up a bit, the enterprising folks over at DragTimes were up to their old tricks again this weekend when they took a Tesla Model S P100D on a record-setting quarter-mile run. DON'T MISS: Xiaomi just announced the iPhone 8 we’re expecting next year When the dust settled, Tesla's flagship car completed a quarter mile in just 10.76 seconds flat. "We set a new NEDRA certified record for an electric or any all stock 4 door car with the Tesla Model S P100D Ludicrous running 10.76 in the 1/4 mile at Palm Beach International Raceway," DragTimes notes. Further highlighting how much faster the Tesla Model S has become over the years, the publication adds: "[The] 1/4 miles times dropped astoundingly from the P85 @ 12.3, P85D @ 11.6, P90DL @ 11.2 and now the P100DL @ 10.7, the You can check out the full video below. https://www.youtube.com/watch?v=eq3M-8ZHUWM