Verizon is exploring a combination with Charter, the Wall Street Journal reported, in a deal that would create a telecommunications and cable giant and vault the combined company past Comcast as the No. 1 internet provider in the U.S.
Bloomberg cited that Verizon CEO Lowell McAdam has made a preliminary approach to officials close to Charter and the company is working with advisers to study a potential transaction, the WSJ reported, without disclosing sources, with no guarantee a deal will materialize. Charter and Verizon declined to comment on the report.
Shares of Charter rose as much as 8.9 percent while Verizon fell as much as 2.5 percent following the report. Verizon is the largest wireless carrier and second-largest telecommunications company behind AT&T Charter is the second-biggest cable operator, behind Comcast.
Microsoft has officially published a code of conduct for its artificial intelligence models, establishing a framework to ensure that increasingly powerful systems remain under human oversight and do not resist correction, interruption, or shutdown.
The US International Trade Commission (ITC) has initiated a formal investigation into Apple, Samsung, and Google regarding allegations that the companies have utilized patented audio technology without authorization.
SES has outlined strategic plans to establish direct-to-device (D2D) satellite manufacturing capabilities and a specialized supply chain within Europe in partnership with Elveo Mobile.
