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MegaUpload is shut down, founder arrested

MegaUpload

The Department of Justice has closed down MegaUpload and arrested its founder Kim Dotcom. The DOJ is charging seven executives of MegaUpload with conspiracy, saying that the website is an “international organized criminal enterprise allegedly responsible for massive worldwide online piracy.” The claims also state that the up loaders reward system on the service was more »

AT&T will not acquire T-Mobile before February 2012

AT&T found itself facing a very large obstacle when the United States Department of Justice Decided to file an antitrust suit against them to stop the T-Mobile merger. On Wednesday, the DoJ, AT&T and Deutsche Telekom met to nail down a date for a trial date that will determine if the deal should go through. During that meeting, Judge Ellen Huvelle decided on February 13, 2012 as the start date for a non-jury trial.

Verizon weighs in on AT&T, T-Mobile merger

Verizon has remained relatively quiet on the subject of the proposed merger between AT&T and T-Mobile. Unlike other carriers such as Sprint and Cellular South, Verizon doesn’t seem to be for or against the merger. Verizon’s take on this has remained firmly in the middle, but that doesn’t mean the company doesn’t have its opinions regarding the merger at all. Verizon Communications CEO Lowell McAdam shared his thoughts at a Goldman Sachs conference on the merger and its government opposition.

AT&T gets more merger opposition from state attorneys general

Sprint received some good news today that doubles as bad news for AT&T. Seven state attorneys general from California, Massachusetts, New York, Illinois, Washington and Pennsylvania have come out against the AT&T, T-Mobile merger. The states stand in support of the United States Department of Justice’s lawsuit that hopes to block the merger based on antitrust laws.

AT&T and the Department of Justice meet in court on September 21

The United States Department of Justice recently filed an antitrust suit against AT&T in an attempt to block its proposed $39 billion acquisition of T-Mobile USA. The DOJ has presented AT&T with what is arguably its greatest opposition yet. Both sides will be able to state their cases in front of Judge Ellen Segal Huvelle on September 21, 2011.

Google will write the U.S. government a $500 million check

Google has agreed to pay the United States government $500 million as part of a settlement deal. The government was breathing down Google’s neck due to advertisements that were promoting the sell of illegal drugs.

Senator Kohl speaks out against AT&T/T-Mobile merger, carriers respectfully disagree

Amid talks of the national debt and a need to raise the debt ceiling, some Senators are focusing their attention on the merger deal between AT&T and T-Mobile. A Democrat Senator from Wisconsin, Herb Kohl, who is also chair of the Senate’s Antitrust Subcommittee, openly condemned the merger between the two wireless carriers. Moreover, he more »

U.S. Department of Justice investigating Yahoo-Bing deal

The U.S. Department of Justice is deepening their investigation into the Yahoo!-Bing deal. They’ve asked both Microsoft and Yahoo! for more information about their search engine deal. In July, the two companies announced a deal that would have Microsoft’s Bing power Yahoo’s search with a split of the ad revenue. Both said the DOJ’s request more »

Google/Yahoo deal delayed

Google and Yahoo have announced that they will delay their controversial advertising partnership for about a month. Both companies say the delay is designed to give them more time to deal with the Department of Justice and its concerns about a possible antitrust issue.

“The companies have agreed to a brief delay in implementing this agreement to continue our ongoing discussions with the (U.S.) Department of Justice,” Yahoo said in a statement. “We have had discussions with regulators and look forward to responding to their questions about this agreement.”

The deal allows Google to sell some of Yahoo’s advertising space. Advertisers greeted the announcement of the deal with deep concerns and fear of higher ad rates. Google claims that since it sells its ads via auction they have no control over prices.