AT&T Inc. Chief Executive Officer Randall Stephenson told Congress that combining with DirecTV will provide more bargaining power with television programmers that can put “downward pressure” on prices.
Treasury Secretary Jacob J. Lew said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he was briefed in March on an investigation of selective IRS screening of nonprofit groups though he didn’t learn details of the findings until last week.
The U.S. Federal Trade Commission should scrutinize carefully whether Citigroup Inc.’s proposed sale of EMI Group’s music and publishing assets would hurt competition in the music industry, an advocacy group said.
Federal Communications Commission Chairman Tom Wheeler is going forward with a vote tomorrow on rules to allow paid fast lanes for Web traffic as artists protest and corporate chieftains warn him against going too far.
A U.S. proposal to let Internet providers charge Netflix Inc., Google Inc. and other companies for faster connections to subscribers set off a firestorm among consumer advocates who say it may doom the open Internet.