Disney Wins Fox, Comcast Backs Down

Facebook Twitter LinkedIn Email Reddit WhatsAppIn the battle for 21st Century Fox’s assets, Disney has defeated Comcast. Earlier today, Comcast announced that it will no longer bid against Disney. A month ago, after a federal court approved AT&T’s acquisition of Time Warner, Comcast quickly made a $65 billion all-cash bid for the same Fox assets that Disney was after. Disney then raised its bid to $71 billion, and it seemed pretty clear that Fox wanted Disney to win this war. Last month, the U.S. Justice Department also approved Disney’s attempt…

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Boeing lands contract for new Air Force One

Facebook Twitter LinkedIn Email Reddit WhatsAppBoeing recently signed a contract with President Trump to test and modify two new Air Force One jets – the deal is valued at $3.9 billion. The Boeing 747/748’s will be finished by 2024 according to sources, which would be Trump’s last year in office if he wins reelection. Although a White House spokesman claims the president’s negotiated deal will save taxpayers over $1 billion. However, other estimates claim taxpayers will only save a few hundred million dollars. The negotiation process all started in January…

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Amazon Prime Day: Deals, Deals, Deals!

Facebook Twitter LinkedIn Email Reddit WhatsAppAmazon Prime Day starts at 3 p.m. eastern time and for the first time this year will last for 36 hours. This means Prime Day will end at 3 a.m. eastern time this Wednesday. There are some Prime Day deals that last during the whole event. Though many only occur at certain hours while others can sell out. You have to be very attentive if you don’t want to miss out on buying anything you want. Prime Day is an international event and will be…

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Amazon Prime Day is Here

Facebook Twitter LinkedIn Email Reddit WhatsAppToday at 3 PM Eastern Time, the biggest shopping day of the year begins: Amazon Prime Day. “Step aside Black Friday – Meet Prime Day,” Amazon said in a statement when the company unveiled the shopping event in 2015. The first Prime Day was to celebrate the 20th anniversary of Amazon. Prime Day offered more deals than Black Friday, the shopping tradition created over 50 years ago that begins the Christmas/winter holiday season. Prime Day doesn’t need Christmas, though. The deals are good enough alone…

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Federal Government Seeks to Appeal Judge’s Approval of AT&T-Time Warner Merger

Facebook Twitter LinkedIn Email Reddit WhatsAppOn Thursday, the U.S. federal government came close to appealing the AT&T and Time Warner merger. The merger was approved by a federal judge around a month ago, and both companies moved forward quickly to finish their merging. The judge who approved the merger actually discouraged the government from appealing the decision. The deal included an $85.4 billion agreement, which caused many to become concerned. The federal government argued that if the merger were to go through, AT&T would become much too large. The company’s…

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