Enlarge (credit: Getty Images | Tim Boyle) Following up on news reported yesterday, AT&T has reached a deal to buy Time Warner Inc. for more than $80 billion, The Wall Street Journal wrote today . The boards of the companies are meeting today to approve the merger, “with a deal likely to be announced as soon as Saturday evening.” Original story from yesterday follows: AT&T and Time Warner Inc. have recently met “to discuss various business strategies including a possible merger,” Bloomberg reported Thursday . Discussions are still in early stages, according to Bloomberg’s anonymous sources. “The talks, which at this stage are informal, have focused on building relations between the companies rather than establishing the terms of a specific transaction, the people said, asking not to be identified as the deliberations are private,” Bloomberg wrote. “Neither side has yet hired a financial adviser, the people said.” Read 7 remaining paragraphs | Comments
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AT&T has $80 billion deal to purchase Time Warner Inc. (and with it, HBO)
An anonymous reader quotes a report from USA Today: Facebook employees pushed to remove some of Republican presidential candidate Donald Trump’s Facebook posts — such as one proposing the ban of Muslims from entering the U.S. — from the service as hate speech that violated the giant social network’s policies, the Wall Street Journal reported Friday. The decision not to remove the Trump posts was made by Facebook CEO Mark Zuckerberg, the newspaper reported. Employees complained that Facebook was changing the rules for Trump and some who review content on Facebook threatened to quit. “When we review reports of content that may violate our policies, we take context into consideration. That context can include the value of political discourse, ” Facebook said in an emailed statement. “Many people are voicing opinions about this particular content and it has become an important part of the conversation around who the next U.S. president will be. For those reasons, we are carefully reviewing each report and surrounding context relating to this content on a case by case basis.” Senior members of Facebook’s policy team posted more details on its policy on Friday: “In the weeks ahead, we’re going to begin allowing more items that people find newsworthy, significant, or important to the public interest — even if they might otherwise violate our standards.” Read more of this story at Slashdot. 
