AT&T's $49 billion acquisition of DirecTV now faces regulatory scrutiny. Meanwhile, a deal merging Comcast and Time Warner Cable is also in the works. Consumer advocates worry about consolidation, but many observers think the deals could hold down costs for the merged companies.
The Supreme Court has delivered a blow for writers in a case of copyright infringement involving the iconic film Raging Bull. The court has ruled that a claim brought by the family of the writer who worked with famed boxer Jake LaMotta on the latter's life story was improperly dismissed by lower courts.