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- By Shawn Langlois, MarketWatch For years now, Apple has been on a relentless push to become the first company to reach $1 trillion in market capitalization. It seemed like a foregone conc...
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Technology News  

Disney streaming could get boost as Comcast drops Fox bid
(AP Photo - Mark Lennihan)
By MAE ANDERSON
From Associated Press
July 19, 2018 4:27 PM EST

NEW YORK (AP) — Comcast is dropping its bid for Fox's entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind "The Simpsons" and X-Men.

REDMOND, Wash. (AP) — Microsoft Corp. on Thursday reported quarterly profit of $8.9 billion, boosted in part by its efforts to rival Amazon as a key cloud computing provider for retailers and other businesses.

WASHINGTON (AP) — Melania Trump spent part of Thursday listening to more than a dozen teens talk about their best practices for being civil online.

NEW YORK (AP) — Denying the Holocaust happened is probably OK on Facebook. Calling for a mob to kill Jews is not. Mark Zuckerberg's awkward and eyebrow-raising attempt this week to explain where Facebook draws the line illustrates the complexities social media platforms face as they take on the unwanted role of referee in this age of online misinformation, manipulation and hate speech.

MOUNTAIN VIEW, Calif. (AP) — A Google-affiliated company has chosen Kenya as the home of its first announced commercial deal for delivering internet access to hard-to-reach areas using high-altitude balloons.

BRUSSELS (AP) — European regulators' latest swipe at the dominance of U.S. tech giant Google could open new opportunities for rivals in search and web browsers — that is, if cellphone manufacturers decide to make the most of the opening.

NEW YORK (AP) — The Mouse House is getting close to catching the Fox. Comcast's decision Thursday to drop its bid for the bulk of Twenty-First Century Fox means Disney's $71.3 billion offer for Fox is likely to prevail.

NEW YORK (AP) — The Latest on Facebook's response to misinformation (all times local): 11:50 a.m. Facebook says it's going to start taking down misinformation that could lead to violence.

WASHINGTON (AP) — President Donald Trump says the European Union's record $5 billion fine against tech giant Google proves his point that the EU is taking advantage of the U.S.

BRUSSELS (AP) — European regulators came down hard on another U.S. tech giant Wednesday, fining Google a record $5 billion for forcing cellphone makers that use the company's Android operating system to install Google search and browser apps.

DETROIT (AP) — A Detroit man has been sentenced to three years of probation for accidentally shooting and killing a friend while they were streaming live on Instagram.

BANGKOK (AP) — Tesla and SpaceX CEO Elon Musk has apologized for calling a British diver involved in the Thailand cave rescue a pedophile, saying he spoke in anger but was wrong to do so.

KODIAK, Alaska (AP) — A California-based rocket company has shortlisted the spaceport in Kodiak, Alaska, as a possible permanent home for its launches.

LONDON (AP) — British authorities looking into inappropriate use of data gathered by political consultant Cambridge Analytica from millions of Facebook users say some of the systems that accessed the material appear to be in Russia or a group of former Soviet states.

NEW YORK (AP) — Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press.

DALLAS (AP) — Texas Instruments has dumped CEO Brian Crutcher for personal misconduct less than two months after he took over the job, ruining the chip maker's hopes for a smooth transition to new leadership.

NEW YORK (AP) — Amazon poked fun at the early glitches it saw with Prime Day, though it said shoppers still found plenty to buy. Analysts, meanwhile, saw other things Amazon could have done better, like discounting more fashion brands and taking more advantage of its acquisition of Whole Foods.

NEW YORK (AP) — Prototypes? Passe. Fashion company Betabrand saw that knitwear was a hot style in sneakers and wanted to quickly jump on the trend for dressier shoes.

SAN FRANCISCO (AP) — Facebook announced several new hires of top academics in the field of artificial intelligence Tuesday, among them a roboticist known for her work at Disney making animated figures move in more human-like ways.

NICOSIA, Cyprus (AP) — The European Union's security chief has urged the bloc's 28 members to work together to combat illegal extremist content on the internet, saying there is "far too much" of it online.

SAN FRANCISCO (AP) — San Francisco voters will decide in November whether to tax large businesses to pay for homeless and housing services, an issue that set off a battle in another West Coast city struggling with income inequality.

SAN FRANCISCO (AP) — Uber is facing a U.S. government investigation into allegations that the ride-hailing service set up a pay structure that discriminated against its female workers.

NEW YORK (AP) — Amazon's website ran into some early snags Monday on its much-hyped Prime Day, an embarrassment for the tech company on the shopping holiday it created.

SAN FRANCISCO (AP) — Netflix is adding subscribers at a slower pace than envisioned, renewing fears that its growth may sputter as the video streaming service tries to fend off fiercer competition.

Whether it's investors betting against his stock or reporters or analysts who ask tough questions, Elon Musk has fought back, often around the clock on Twitter.