Charter Communications' deal to merge with Time Warner Cable comes after Comcast's bid crumbled under regulatory scrutiny. But Charter and TWC say that won't happen twice.
The bulking up of a second giant would shake up the cable industry, which is struggling to keep pay-TV subscribers as all-digital rivals emerge.
Charter is courting Time Warner Cable again, this time offering $55 billion in cash and stock, according to the Wall Street Journal.
If the deal is approved, Charter Communications will become the No. 2 cable company in the US, at a time when more people are cutting the cord in favor of services like Netflix and Amazon Prime.
CEO Yancey Strickler says the crowdfunding site's new status as a public benefit corporation will further its goal to be a "place of empowerment for artists," even if the decision puts a pinch on profits.
The crowdfunding site reincorporates as public benefit company, a move that legally obliges it to pursue "a positive impact on society."
A French privacy watchdog insists that Google's takedown requests should be applied to all the company's domains around the world, otherwise the search giant could face a fine.
The deal will create the fourth largest cable provider in the United States.
A new series of GIFs shows how US paper money has changed its look over 150 years. It's way more engrossing than it sounds.
The alliance, which includes Microsoft, Google, Amazon and Netflix, pledges to build next-generation video technology -- and offer it for free.