Tech & Telecom

Trump Backs Television Broadcaster Nexstar’s Bid for Tegna

President Donald Trump backed television broadcaster Nexstar Media Group’s proposed $3.5 billion acquisition of Tegna Inc., reversing his earlier opposition to the idea and saying it would be good for competition.

By María Paula Mijares Torres

Apollo, BlackRock, Oaktree Ask Judge to Toss Altice Lawsuit

Lenders to Altice USA Inc., including Apollo Capital Management, BlackRock Financial Management and Oaktree Capital Management, asked a federal judge to dismiss a lawsuit accusing them of colluding to shut the company out of the US credit market.

Paramount Seeks Quick Antitrust Review of Warner Bros. Bid

Paramount Skydance Corp. is pressing to wrap up a Justice Department antitrust review of its tender offer for Warner Bros. Discovery Inc. shares in the coming weeks, according to people familiar with the matter.

Nvidia-Led Boom to Turn Chips Into Trillion-Dollar Industry

The semiconductor industry will reach $1 trillion in revenue this year for the first time ever, fueled by artificial intelligence and the spread of computer chips to virtually every part of the economy.

OpenAI Ducks Order to Disclose Confidential Counsel Messages

OpenAI Inc. convinced a federal judge to overturn an order requiring the company to disclose confidential messages with its attorneys to authors and newspapers accusing it of violating copyrights by training AI models on their works.

Amazon to Block Investor Vote on AI Services for Israel, DHS

Amazon.com Inc. plans to stop investors from considering a shareholder proposal for details on whether the company’s business with Israel’s military and the US Department of Homeland Security comply with its standards for responsible AI use.

Google Employees Call on Company to End ICE, CBP Contracts

More than 900 employees at Alphabet Inc.’s Google have signed a petition demanding that the company sever ties with the US Department of Homeland Security in the wake of the Trump administration’s mass deportation efforts.

Kalshi Loses Bid to Delay Massachusetts Sports Betting Ban

Kalshi has 30 days to halt sports betting operations in Massachusetts, a state judge ruled Friday denying the market operator’s request to delay the ban while it pursues an appeal.

South Carolina Kids Online Safety Law Draws Tech Industry Ire

Tech companies are already pushing back against a South Carolina law enacted this week that will require them to offer new safety features to protect minors or face financial damages.

US Probes Netflix Tactics in Review of Warner Deal, WSJ Says

The US Justice Department is investigating Netflix Inc.’s tactics as it looks into the streaming company’s agreement to buy Warner Bros. Discovery Inc.’s studios and HBO Max streaming service, the Wall Street Journal reported.

Is Social Media Big Tobacco 2.0? Suits Over the Impact on Teens

Is social media to blame for the decline in teen mental health? Hundreds of lawsuits argue that they are. But can the claims get past Section 230, big tech's legal shield? In this video, we look at the fight over social media's impact on teens.