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AT&T, TCI merger almost a done deal
- The Justice Department has given a conditional seal of approval to the $48 billion merger deal between long distance giant AT&T and cable titan Tele-Communications Incorporated. While many believe the megamerger should clear final FCC scrutiny, consumers are left to wonder how the deal may affect them. [News.com]
AT&T, Time Warner deal close
- AT&T and Time Warner are close to an agreement for the telecommunications giant to provide phone service over the media company's cable wires, but no final deal has been reached, a source familiar with the negotiations said today. [News.com]
AT&T, Time Warner near unveiling venture
- An AT&T and Time Warner joint venture agreement that would allow the phone giant to use Time Warner's cable lines to provide Internet access could be announced as early as mid-January, according to reports. [News.com]
ATI strengthens graphics lead
- ATI Technologies continued to strengthen its lead as the top supplier of speedy graphics chips to the computer industry in the third quarter of 1998, according to a report.. [News.com]
Adjusting to life under AOL
- Netscape cofounder Marc Andreessen is considering a move from Silicon Valley to Virginia, while other Netscape employees mull AOL chairman Steve Case's offer of a financial incentive to stay. [News.com]
Administration blasts Baby Bells' "stall ball"
- A key Clinton administration telecommunications adviser today lashed out at the slow pace of competition in local telecommunications markets, blasting the Baby Bells for dragging their heels in opening their local territories to rivals. [News.com]
Adobe earnings beat expectations
- Adobe Systems, the top maker of desktop-graphics software, said its fiscal fourth-quarter earnings rose 7 percent and beat expectations as a new version of its Illustrator software helped boost sales. [News.com]
Adtran suffers from weaker sales
- Adtran shares tumbled after the phone-equipment maker said fourth-quarter sales and profit will be "substantially below" expectations because demand from large phone companies is slowing. [News.com]
Allen gives Wink the nod
- Wink Communications said that Vulcan Ventures, a firm owned by Microsoft cofounder Paul Allen, will invest $10 million in the California-based interactive television communications firm. [News.com]
Allen sells 3.5 million Microsoft shares
- Microsoft cofounder Paul Allen and ten other directors and executives sold a total of more than 4 million shares last month, as the stock of the world's largest software maker climbed to records on optimism for new products. [News.com]
Alltel sees gold mine in rural service
- Many telecommunications companies look at markets such as Cedar Falls, Iowa, and Hickory, North Carolina, and see corn or cotton. [News.com]
Alltel to buy Aliant for $1.5 billion
- Rural telephone company Alltel said today that it would buy Aliant Communications, which provides phone, paging, and Internet service in Nebraska, for $1.5 billion in stock. [News.com]
Alternative Resources in pact with IBM
- Alternative Resources said yesterday that it has reached an agreement with IBM to terminate a $20 million escrow agreement related to its November 1997 acquisition of CGI Systems, an IBM majority-owned company. [News.com]
Amazon heads for Nasdaq 100
- No. 1 online bookseller Amazon.com will be included in the Nasdaq 100 Index. Its stock spiked following the news today, hitting a 52-week high. [News.com]
Amazon up 46 points; report "clarified"
- A Wall Street analyst is explaining the bullish report he issued this morning that sent shares of online bookseller Amazon.com soaring more than 46 points by the closing bell. [News.com]
Amazon.com shares take a breather
- Shares of Amazon.com, the No. 1 online bookseller, fell as much as 9.8 percent amid concern that expectations for fourth quarter revenue may be too high. [News.com]
Amazon.com to offer links to other retailers
- Amazon.com today launched a service that lets its users shop other sites on the Web using the company's Junglee comparison-shopping technology, a move that brings Amazon closer to becoming a portal for Web shoppers. [News.com]
America Online goes to the majors
- The online giant gets its due as its stock is named a Standard & Poor's 500 component. At the same time, Oracle chief Larry Ellison uses the firm's $4.3 billion buyout of Netscape as proof that Microsoft has seriously hurt its competitors. [News.com]
Ameritech OKs SBC acquisition
- Telecommunications company Ameritech today said its shareholders overwhelmingly approved its acquisition by SBC Communications in a $61 billion stock transaction. [News.com]
Analyst recommends services firms
- What should investors who are enjoying jaw-dropping gains this year on Internet service stocks like CMGI, Sapient, and USWeb do next? Buy more, said First Albany analyst Ullas Naik. [News.com]
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