Smart. Sharp. Funny. Fearless.
Saturday, June 23, 2018

Higher Prices, Fewer Voices: Big Telecoms Devour The Internet

Reprinted with permission from DCReport.

 

Two major developments this week promise to change the way you access and use the internet, both for the worse.

First, AT&T won approval Tuesday from a federal judge to purchase Time Warner, which owns CNN among other properties. Donald Trump had opposed the $85 billion deal, his comments laced with invective against CNN’s coverage of him. The deal cannot close for at least six days so the Justice Department has time to appeal if Trump so orders.

The ruling by Judge Richard Leon is likely to signal more mergers among telecom giants, something I wrote about four years ago as a major economic and political problem when Comcast tried to buy Time Warner.…

Read More

Saving The Postal Service From Trump (And Amazon)

Reprinted with permission from Creators.

 

Question: If you inject a stream of raw ignorance into a vat of gaseous arrogance, then jolt the mixture with 1,000 megawatts of malevolence … what does it produce? Answer: Donald Trump’s Executive Order of April 12.

Let’s start with the arrogance. King Donald the First has been in a deep pout over negative articles about him in the Washington Post newspaper, which is owned by Jeff Bezos, King of the Amazon.com empire. Trump has fired off several rounds of angry tweets assailing Bezos, including a potshot claiming that Amazon is ripping off the post office by underpaying for the millions of its packages that the postal services ships.…

Read More

Ivanka Under Scrutiny In Moscow Trump Tower Deal

Reprinted with permission from Shareblue.com

 

Ivanka Trump reportedly connected Trump’s personal lawyer and fixer Michael Cohen to a Russian athlete who said he could introduce Trump to Vladimir Putin and help secure a deal for Trump Tower in Moscow.

This is the first time Ivanka has been linked to Cohen’s efforts to launch the Trump-branded property in Russia. Her involvement in the Moscow deal has reportedly drawn the attention of the FBI and congressional investigators.

According to multiple sources and documents reviewed by Buzzfeed News, Ivanka urged Cohen to work with former Olympic weightlifter Dmitry Klokov, who offered to arrange a meeting between Trump and Putin for the purpose of facilitating the construction of Trump Tower in Moscow.…

Read More