AT&T and DirecTV’s $48.5 billion merger has been approved today following more than a year of regulatory review. The merger will see AT&T become the biggest pay-TV company, passing up cable company Comcast. AT&T says it will serve more than 26 million U.S. customers and 19 million users in Latin America.
Chinese handset maker Xiaomi has seen explosive growth since entering the market in 2010, emerging to become the world’s third-largest smartphone maker after just four years. According to a recent regulatory filing, the company is also profitable too, bringing in $56 million profit in 2013 despite having razor-thin margins on its smartphones and tablets.
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Today, a German regulator said that it will not pursue complaints brought against Google from a group of publishers that are displeased with the company’s search engine providing full access to their online news articles. A troop of media outlets including Axel Springer SE and Burda joined forces to form a group called VG Media to request that Google compensate them for making their web content viewable to the public.