Charter rejected $100B Verizon bid – report

first_img Tags Home Charter rejected $100B Verizon bid – report Previous ArticleApple set to enter smart speaker battleNext ArticleTime Warner slams “lax” Google, Facebook regulation Verizon sorts sensor supremo Saleha Riaz Amazon reels in MGM Saleha joined Mobile World Live in October 2014 as a reporter and works across all e-newsletters – creating content, writing blogs and reports as well as conducting feature interviews…More Read more Verizon shuffles executives Related AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 01 JUN 2017 Author US Cable giant Charter Communications turned down an offer to be acquired by Verizon for over $100 billion because the price was too low and Charter wasn’t ready to sell, New York Post reported.News of the bid first emerged in January when it was said Verizon CEO Lowell McAdam made a preliminary approach to Charter and was working with advisers to tie-up two of the US’ largest telecoms and cable companies. Verizon submitted a bid of between $350 and $400 per share.At the end of 2016 McAdam told Wall Street analysts the combination of telecoms and cable “makes industrial sense”.According to the Post’s report, John Malone, chairman of major Charter shareholder Liberty Media, may have turned down the bid due to tax implications, and because he wanted to give Charter time to complete the integration of Time Warner Cable, which it acquired in 2016.Verizon’s desire to move into cable follows recent deals made by rival AT&T, which is plunging billions into combining content with distribution.It acquired pay-tv player DirecTV in July 2015, recently launched a new streaming service, and is currently looking to secure regulatory approval for an $85 billion acquisition of Time Warner (which is separate from Time Warner Cable).Verizon boosted its content and advertising play with a $4.5 billion bid for Yahoo’s core businesses, which is expected to complete this month, and a $4.4 billion AOL buy during 2015.According to the report, McAdam wants “something more transformative” such as a big cable deal, which would also boost its 5G plans through fibre optic networks operated by cable.Verizon was also interested in another Liberty Media property, Sirius XM Holdings, but never got to the point of making a bid.In early May, Comcast and Charter announced a partnership to cooperate on their respective entries into the country’s competitive mobile market.Some sources think this was meant to garner a higher bid from Verizon as it could create a solid competitor to AT&T-Time Warner. AT&TCharter CommunicationsTime WarnerVerizonlast_img read more

Wounded Veteran Thanks His Mom With the Gift of a Lifetime

first_imgWalking again, Tyler wanted nothing more than to thank his mom for all she’s done for him.With the help of Dreams Resorts and Spas, Jeffries and nine other wounded warriors were able to gift their mothers with a dream vacation.The resort sent a video crew to Tyler’s home to surprise Pamela, surrounded by her family, with her much-deserved all expenses paid trip.The company is looking for other nominations for people who need a break. They are giving away 10 more vacations to deserving individuals. Submit your stories at the video below)AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMore AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreSpecialist Tyler Jeffries, a veteran who lost both of his legs fighting in Afghanistan, didn’t even want to walk again. He thought there was nothing more in life for him, but his mother Pamela was by his side every day, encouraging him.Since he returned from combat, and throughout his recovery at Walter Reed Medical Center, and later at home, she has provided 24-hour care for him.last_img read more

8-Year-old Immigrant is No Longer Homeless After His Incredible Chess Career Spurs Thousands in Donations

first_imgDespite only being introduced to the game of chess a little more than one year ago, Tanitoluwa Adewumi—more commonly known by his nickname “Tani”—has just been crowned the state chess champion of New York in his age group.If that isn’t impressive enough, he managed to become a chess champion all while living with his family in a homeless shelter.Just two years ago, little Tani, his parents, and brother became refugees after fleeing Nigeria to escape violent attacks on Christian families, like theirs. Since then, they’ve resided in a shelter in Manhattan.WATCH: Blind 6-Year-old ‘Prodigy’ Who Taught Himself to Play Piano Has Become an Internet StarWith the help of a local pastor, Tani started attending a local elementary school. It was there that one of his teachers, Russell Makofsky taught his class how to play chess—and Tani was immediately drawn to the game.As it so happened, the teacher also taught a chess club at the school. When Tani could not afford to pay the program fees, Makofsky waived the costs and welcomed the youngster into the club.When he competed in his first chess tournament, he got the lowest score of any student. But this week, just one year later, Tani took home the state championship trophy—after beating 73 of New York’s best players in grades K–3.RELATED: 7-Year-Old Becomes Certified Barber So She Can Offer Free Haircuts To Kids in Her CityTani is a prodigy, for sure: he is the first competitor ever to win a state championship on his first try—rated 1,587 and closing, which is roughly half as high as the world’s best player.“One year to get to this level, to climb a mountain and be the best of the best, without family resources,” Makofsky told The New York Times. “I’ve never seen it.”CHECK OUT: Girl Who Wanted to ‘Be Closer to Her Dad’ Becomes Youngest Female to Hike Mount KilimanjaroFor a while, the adorable 8-year old was spending every night on the floor of his homeless shelter, practicing for the national chess championship in May and dreaming of becoming the world’s youngest Grandmaster.Thankfully, a GoFundMe page that was set up by his teacher last week has now raised over $250,000 – which has helped get Tani and his family out of the shelter and into a home of their own.(WATCH the news coverage below) – Photo by Kayode AdewumiMake Your Move to Share This Amazing Story To Social Media…AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMore AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreLISTEN to this tale on the radio from The Good News Guru (GNN founder), or READ the FULL story below…This 8-year-old African immigrant has used his wits to score a checkmate in the game of life.last_img read more

Leonine: Legislature reconvenes with budget focus

first_imgTOP #VTPOLI TWEETS  TO OUR READERSLeonine Public Affairs(link is external) Please visit our website(link is external) for our in-depth reporting on COVID-19 throughout the United States. This site is courtesy of Leonine FOCUS(link is external), our 50-state legislative regulatory, tracking and reporting service. The site is frequently updated and includes information on executive orders, legislation, regulation, tax deadlines and more from across the country.Source: Leonine Public Affairs, Montpelier, Legislative Report Fall Session – Week 1 – August 28, 2020. (link is external)Through a special arrangement with Leonine, Vermont Business Magazine republishes Leonine’s legislative report on BACK AGAINLeonine Public Affairs On Tuesday the Vermont General Assembly reconvened for what is projected to be a three to five week session. The primary focus of the fall session is to finalize the FY2021 budget for the remaining three quarters of the fiscal year, October 1, 2020 through June 30, 2021. The legislature approved funding for the first three months of FY2021 before they recessed in June. The fall session will cap an unprecedented year in the Vermont Legislature, which usually finishes its work in May or June. But as a result of COVID-19, the legislature will have been in session for the vast majority of 2020 when all is said and done. The beginning of the fall session was preceded by Governor Phil Scott’s budget “restatement” proposal which he issued on August 18. The restatement modifies the governor’s initial budget proposal from January and builds off the first quarter FY2021 budget that was approved in June. The restatement proposes to balance the budget without major cuts or tax increases and fills the projected $66 million general fund gap through a variety of reallocations, vacancy savings and continued increased reimbursement for Medicaid expenses from the federal government. The restatement also includes proposals to spend $198 million in remaining coronavirus relief funding (CRF). The majority of the relief funding ($133 million) would be allocated to continue economic relief programs enacted in June. Another provision would provide $2 million in economic stimulus for undocumented workers who were denied federal stimulus checks. Other provisions include giving each Vermont household a $150 gift card and increasing funding for state infrastructure projects.This week lawmakers went quickly to work on the restatement proposal and the House and Senate Appropriations Committees held joint hearings to expedite the process. The House Appropriations Committee hopes to be in a position to vote on the budget next week.While the tone of the relationship between the governor and lawmakers continues to be collaborative, there are some disagreements that will need to be resolved before adjournment. The most prominent is probably funding to support the Vermont State College system (VSC). The governor included $30 million in CRF funds for VSC but only if the federal government changes current restrictions to allow it. If and when this will happen is uncertain, and legislative leaders and the House and Senate Appropriations committees have indicated their commitment to fund VSC regardless of whether the federal government acts.Another strange dynamic in a strange year stems from lawmakers trying to finish up their work at a time they would normally be campaigning. This combined with the fact that COVID-19 has turned traditional campaigning on its head makes for an unprecedented and bizarre situation.While the FY2021 budget is the focus, there are still some policy bills in play. These include a bill to allow for the retail sale of cannabis, a climate solutions bill and a bill addressing the needs of older Vermonters. Because the 2020 session is the second half of the biennium, all bills that do not pass both chambers before adjournment will die. Senate President Tim Ashe, D/P-Chittenden said this week that lawmakers will not remain in session after passage of the budget, so whatever has not reached the finish line by that point will have to be revisited next year.Given this dynamic, permission has been granted to the committees to only work on a limited number of bills. Specifically, only those bills that have passed at least one chamber and are relatively close to the finish line in the other chamber.last_img read more

Bar opposes Amendment 5

first_img November 1, 2012 Gary Blankenship Senior Editor Regular News Bar opposes Amendment 5 Bar opposes Amendment 5 Senior EditorThe Board of Governors has voted to oppose constitutional Amendment 5 on the November 6 general election ballot.The board approved the recommendation of the Legislation Committee at its October 5 meeting. The vote followed an extensive discussion at the board’s July meeting that resulted in a decision to have the Legislation Committee further study the issue.Amendment 5 has three parts: 1) to allow the Legislature to repeal rules of court procedure by a simple majority vote rather than the stricter two-thirds “of the membership” threshold now in place, and allow for similar relaxed repeal of Judicial Nominating Commission and Judicial Qualifications Commission rules by simple majority vote of legislators present versus a stricter majority “of the membership”; 2) require Senate confirmation of nominees for Supreme Court justiceships; and 3) expand legislative access to files of the JQC.Following the July board meeting, the Executive Committee of the Florida Republican Party on September 21, in an action unprecedented since voters approved merit retention in 1976 for appellate judges and Supreme Court justices, announced its opposition to the retention of Justices Fred Lewis, Barbara Pariente, and Peggy Quince. A conservative political action committee also announced it would run television ads opposing the justices.Those actions apparently had an impact on the Legislation Committee’s recommendations. Committee Chair Laird Lile reported the committee held telephone meetings on August 10 and September 10 —before the stepped-up opposition to the three justices — and from those conference calls developed four provisional recommendations regarding issues contained in Amendment 5. The positions would have had the Bar oppose weakening the Supreme Court’s rulemaking authority, any changes in how the Legislature may rescind JNC or JQC rules, any undue delay in appointing Supreme Court justices, and diluting the confidentiality of JQC records. None, though, directly mentioned Amendment 5.But that changed, Lile said, when the committee met on October 4, the day before the board meeting.“Your Legislation Committee. . . received advice from our advisors based on the current lay of the land, which has changed a bit since our telephone conferences,” he said. Consequently, the committee recommended “that this board adopt a position that The Florida Bar opposes Amendment 5 on the November 6, 2012, general election ballot. That’s the single recommendation from the Legislation Committee today.”Board member Jay Cohen, chair-elect of the Legislation Committee and who at the July meeting advocated giving the committee more time to study the amendment, urged support of the recommendation.He said the actions opposing the retention of the three justices “brought out how we need to be consistent, consistent in our message and consistent in our effort of what we do for Florida lawyers, especially on one of our core issues, which is protecting the integrity of the court system, which includes the separation of court powers, and which includes a fair and impartial judiciary.. . . “We now have a consensus that we bring to you that supports everything that we have done to continue to make sure our judiciary is fair, is impartial, is independent, and our judiciary is not in some way just another agency of the state. Our motions support that. This motion. . . says we, as a Board of Governors representing over 90,000 lawyers, do not support any efforts at meddling or interfering in rulemaking, in Senate approval (of Supreme Court appointments), adding another layer of politics to the selection of judges. We should be peeling away layers; we shouldn’t be adding layers.”Cohen also said some board members may have had a concern that, in the wake of the tumultuous 2011 legislative session, the Bar or its leaders may have agreed not to oppose Amendment 5 in return for lawmakers dropping more drastic proposals, including removing procedural rulemaking entirely from the Supreme Court, except for an advisory role, and enlarging the Supreme Court to 10 justices and then splitting the court into separate civil and criminal branches. Last year, the board passed a carefully crafted legislative position acknowledging changes in the legislative proposals, but Cohen said that position did not constitute an agreement.That position, passed in 2011, was among all of The Florida Bar’s legislation positions that sunsetted last summer.“The Legislation Committee’s recommendation to vote ‘no’ [on Amendment 5] on behalf of more than 90,000 lawyers of The Florida Bar [demonstrates] that we’re not going to allow partisan politics with respect to our judiciary,” Cohen said.The board voted to adopt the Legislation Committee’s recommendation, with one dissent. Bar President Gwynne Young praised the board for its vote. Like Cohen, she linked Amendment 5 to the retention battle for the justices. The Bar has not taken a position on the retention of the justices, but it is conducting a separate education campaign, called The Vote’s in Your Court, to educate voters on the history and purpose of the merit retention system.The link between that education campaign and Amendment 5, Young said, is keeping partisan politics out of the court system.“The voters of Florida voted to eliminate a political, fully elected process and put in merit selection and retention [for the appellate bench], so that the core of our education process says that we want to keep politics out, as much as we can, of the merit selection and retention process,” she said.Young noted the Bar issued a press release after the Republican Party action on the justices’ retention stating that it “does not believe it is appropriate for any political party, Republican, Democrat, or otherwise, to take a position in a nonpartisan race. I think as things became. . . clear to me and others. . . that we needed to oppose this amendment, and so I thank everyone for carefully looking at this, for examining everything, and for making your decision today.”last_img read more

Kristina Olson is first psychologist to win NSF’s Waterman award

first_imgCalling Kristina Olson a path-breaking researcher doesn’t begin to describe all the doors this year’s winner of the National Science Foundation’s (NSF’s) most prestigious prize for young scientists has opened.A social and developmental psychologist at the University of Washington (UW) in Seattle, Olson is the first person from her discipline to win the 42-year-old Alan T. Waterman Award. She’s also the first woman since 2004 to receive the $1 million prize. Although scientists from every field that NSF supports are eligible, only three social scientists—the previous two were men—have ever captured the Waterman, named after NSF’s first director.Olson’s research on the social development of transgender youth has expanded the traditional boundaries of academic psychology. And her plans to use a big chunk of the prize money on a new summer internship program for undergraduate minority students also may be unprecedented for Waterman winners.Even so, Olson is far from satisfied by that impressive string of firsts. “I don’t think a woman of color has ever won,” she says. (Two black scientists, both men, have been honored.) “My goal is to use the money to move us in new directions, because things aren’t going to just change on their own. And unless we make room for all of the best people, it will be hard to make progress on any of society’s problems.” Read the whole story: Science More of our Members in the Media >last_img read more

Udall, Heinrich, Torres Small Announce $750,000 To NMSU To Develop Clean Energy Workforce

first_imgThe I-CREW program will focus on accelerating clean energy technology and developing a statewide clean energy workforce. “The transition to clean energy represents our greatest opportunity to create thousands of new jobs all across New Mexico — particularly in our rural communities,” Heinrich said. “Wind technician and solar installer are already two of the fastest growing jobs in the nation. It is critical that our state put real resources into training our workers for these clean energy jobs. I am proud that New Mexico State University is playing a leading role in preparing our state’s workers to meet our climate goals and compete for rapidly growing fields in the clean energy economy.” WASHINGTON, D.C. ― U.S. Senators Tom Udall and Martin Heinrich and U.S. Rep. Xochitl Torres Small announced that the U.S. Department of Commerce’s Economic Development Administration (EDA) has awarded $750,000 to New Mexico State University’s (NMSU) College of Engineering to create the Innovation and Commercialization for Regional Energy Workforce (I-CREW). CONGRESSIONAL News:center_img “This funding will harness New Mexico’s unique strengths as a state to foster innovation, diversify our economy, and create good-paying jobs in clean energy,” Udall said. “The I-CREW program leverages our state-of-the-art national labs, abundance of renewable resources, and strong commitment to fighting the climate crisis toward developing critical clean energy technologies while creating good jobs. As a senior member of the Senate Appropriations Committee, I’ll keep fighting for the resources we need to build a clean energy economy – and the workforce of the future.”  “The funding for NMSU’s I-CREW program will be crucial in helping create and retain good-paying jobs, enhance commercialization and innovation, and support entrepreneurship in New Mexico’s clean energy sector. I look forward to our continued partnership,” Torres Small said.last_img read more

Pajarito And Sipapu Close Due To COVID-19 Concerns

first_imgPajarito Mountain is closed for the remainder of the 2019-2020 ski season. Courtesy/PajaritoSKI News:VADITO – Pajarito Mountain and Sipapu Ski & Summer Resort are closed for the remainder of the 2019-2020 ski season effective today at the recommendation of Gov. Michelle Lujan Grisham. “We are skiers at heart and today’s decision was a difficult one for all of us,” said James Coleman, a managing partner of Sipapu and Pajarito. “While many of our employees and customers wanted us to remain open, their health and wellbeing are of the utmost importance to us. We’ve decided to move forward with the Governor’s recommendation to end ski operations due to larger concerns for the wellbeing of our communities and the State of New Mexico as a whole.”Sipapu guests with existing reservations through April 12 may rebook their trip at their convenience by emailing [email protected] Guests who need a prepaid lift ticket refund can request directly through the resorts at [email protected] or [email protected], ski respectively. More information on refunds and rebookings can be found at the resort websites, and read more


first_imgGraeme Wellburn11.03.16 AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to LinkedInLinkedInLinkedInSuspicious activity – Dumfries Police Scotland want to trace the following described man who was seen exiting a garage at a house in Hardthorn Crescent in Dumfries at around 2100 hours on Wednesday 9 March 2016. The man was disturbed by the householder on returning home. He is described as being about 5’7″/5’8″ tall, slim build, in his late teens and was wearing a dark coloured zipped, hooded top. He spoke with a local accent.Constable Keith McKinnell at Dumfries said “we have had a number of crimes committed in this area and would ask the public to report any suspicious activity in the area at the time. We can be contacted through the 101 number to report such incidents.”last_img read more

High school bowling: Airline, Parkway, Haughton notch victories

first_imgThe Airline, Parkway and Haughton boys teams and the Parkway girls won bowling matches Monday at Holiday Lanes.In boys matches, Airline defeated Loyola College Prep 22-5, Haughton downed Bossier 23-4, Parkway defeated Benton 24-3 and Minden downed Byrd 18-9.Parkway, Airline and Haughton are all tied for the District 1 lead at 3-0.In girls matches, Parkway defeated Benton 27-0 and Byrd downed Loyola College Prep 26.5-.5.Parkway leads the girls district at 3-0. Airline, which was idle Monday, is 2-1.Parkway’s Alex Bequette had the high game (264) and series (666) of the day among boys bowlers. Bequette also bowled a 222 and 180.Destin Meza had a 234 high game and Chandler Sumpter had a 224. Meza also bowled a 214. James Benjamin had a 223. Parkway’s Nicole Taylor led all girls bowlers with a high game of 243 and series of 648. Taylor also bowled a 238 and 167.Parkway’s Katie Black had a 164 and Traclyn Bell a 157.Jaylon Ellison led the Airline boys with a 203 high game and 554 series. Dominic Rivers had a 193 and Brian Fielding a 190.Johnathon Brown had Haughton’s high game of 196. Christian Silba had the Bucs’ best series of 484, including a 185 game. Cameron Stone bowled a 181.Austin Sepeda topped Benton with a 180 high game and 515 series. John Norris had a 169 and Ben Montgomery a 163.Chris Whisnant led Bossier with a 161 high game and 416 series. Shamari Lay bowled a 146 and Nick Thomas a 119.Parkway’s Sumpter and Byrd’s Celeste Thedford were named the male and female Bowlers of the Week. Sumpter has a 202 average through eight games. Thedford has a 197 average through 12 games.NOTE: Results courtesy of Holiday Lanes.Russell Hedges, [email protected] Expat InsuranceExpat Living in Hong Kong without Health Insurance?Top Expat Insurance|SponsoredSponsoredUndoNews gadgetThis watch takes the whole country by storm! it’s price? Ridiculous!News gadget|SponsoredSponsoredUndoTheTopFiveVPNThe Secret Netflix Doesn’t Want You To Know To Unblock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?|SponsoredSponsoredUndoTheTopFiveVPNThe Trick Netflix Doesn’t Want You To Know To Unlock RestrictionsTheTopFiveVPN|SponsoredSponsoredUndoCelebsland.com9 Celebrity Before-And-After Plastic Surgery|SponsoredSponsoredUndolast_img read more