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Wall Street Journal - Sept 19

PRESS DIGEST -Wall Street Journal - Sept 19 Sept 19 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Boeing BA.N is furloughing tens of thousands of white-collar employees in an effort to cut costs and avoid a credit-rating cut in the midst of a strike by its largest union.
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Inside the US push to steer Vietnam's subsea cable plans away from China

EXCLUSIVE-Inside the US push to steer Vietnam's subsea cable plans away from China US officials held meetings over Vietnam cables, sources say US shared intel with Hanoi over possible cable sabotage, sources say Vietnam open to working with China's HMN, sources say APTelecom helping to persuade Hanoi to not use HMN, sources say By Francesco Guarascio, Phuong Nguyen and Joe Brock HANOI, Sept 18 (Reuters) - The United States is urging Vietnam to avoid Chinese cable-laying firm HMN Technologies and
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AT&T to pay $13 million over 2023 customer data breach

UPDATE 1-AT&T to pay $13 million over 2023 customer data breach Adds AT&T respond, FCC comment, more details in paragraphs 3-8 By David Shepardson WASHINGTON, Sept 17 (Reuters) - AT&T T.N has agreed to pay $13 million to resolve an investigation over a data breach of a cloud vendor in January 2023 that impacted 8.9 million AT&T wireless customers, the Federal Communications Commission said Tuesday.
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AT&T to pay $13 million over 2023 customer data breach

AT&T to pay $13 million over 2023 customer data breach WASHINGTON, Sept 17 (Reuters) - AT&T T.N has agreed to pay $13 million to resolve an investigation over a data breach of a cloud vendor in January 2023 that impacted 8.9 million AT&T customers, the Federal Communications Commission said Tuesday. The FCC said the fine will resolve its investigation over whether AT&T had failed to protect the information of its customers and added AT&T had agreed to boost its data governance practices to incre
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Charter launches cheaper internet plans to boost broadband customer retention

Charter launches cheaper internet plans to boost broadband customer retention Sept 16 (Reuters) - Telecoms firm Charter Communications-owned Spectrum CHTR.O on Monday rolled out cheaper internet plans that would be bundled with its mobile and cable TV services, amid tough competition from Comcast CMCSA.O and AT&T's T.N DirecTV. The move comes at a time when people are dumping cable TV bundles provided by the likes of Charter for streaming services, while wireless majors including AT&T and Verizo
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Disney, DirecTV reach deal, restoring programming for 11 million satellite TV viewers

UPDATE 3-Disney, DirecTV reach deal, restoring programming for 11 million satellite TV viewers *Disney and DirecTV reach new licensing agreement *Deal restores programming for millions of subscribers *Deal allows DirecTV to offer genre-specific packages *DirecTV can include Disney streaming with programming packages Adds bullets By Dawn Chmielewski Sept 14 (Reuters) - Walt Disney DIS.N and DirecTV announced they have reached an agreement in principle on Saturday, restoring college football and o
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US satellite-TV providers DirecTV and Dish are in talks to merge again, source says

UPDATE 3-US satellite-TV providers DirecTV and Dish are in talks to merge again, source says Adds background in paragraphs 8, 13 By Anirban Sen Sept 13 (Reuters) - Telecom operator AT&T T.N and its joint-venture partner TPG TPG.O are in early-stage talks to merge their DirecTV satellite TV service with EchoStar SATS.O owned Dish, a person familiar with the matter told Reuters on Friday.
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AT&T Inc And Joint-Venture Partner TPG Inc Are In Talks To Combine Their DirecTV Service With Dish - Bloomberg News

BRIEF-AT&T Inc And Joint-Venture Partner TPG Inc Are In Talks To Combine Their DirecTV Service With Dish - Bloomberg News Sept 13 (Reuters) - AT&T INC. AND JOINT-VENTURE PARTNER TPG INC. ARE IN TALKS TO COMBINE THEIR DIRECTV SERVICE WITH DISH - BLOOMBERG NEWS Source text : https://tinyurl.com/26czj5ss
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DirecTV, Dish are in talks again to merge satellite-TV businesses, Bloomberg News reports

DirecTV, Dish are in talks again to merge satellite-TV businesses, Bloomberg News reports Sept 13 (Reuters) - AT&T Inc T.N and joint-venture partner TPG Inc TPG.O are in talks to combine their DirecTV service with Dish DISH.MX , Bloomberg News reported on Friday, citing people familiar with the matter. Reporting by Harshita Meenaktshi in Bengaluru;
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Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast

UPDATE 1-Oracle shares pare gains as analysts weigh over $100 billion fiscal 2029 revenue forecast Shares rise 1.9% Oracle forecasts FY29 revenue to be $104 billion Raises fiscal 2026 revenue outlook Adds analyst comment in paragraphs 3 and 4, updates shares By Jaspreet Singh Sept 13 (Reuters) - Oracle ORCL.N shares pared most of their gains on Friday after spiking nearly 8%, with some analysts expressing reservations about the company's forecast of crossing $100 billion in revenue in fiscal 202
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Oracle shares rise as it expects to cross $100 billion in fiscal 2029 sales

Oracle shares rise as it expects to cross $100 billion in fiscal 2029 sales Shares rise more than 6% in premarket trading Oracle forecasts FY29 revenue to be $104 billion Raises fiscal 2026 revenue outlook Sept 13 (Reuters) - Oracle ORCL.N shares rose more than 6% in premarket trading on Friday after the company said it expects to cross $100 billion in revenue in fiscal 2029, as the popularity of AI drives demand for its cloud services.
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Occidental's 1PointFive secures funding of up to $500 mln from US DOE

CORRECTED-Occidental's 1PointFive secures funding of up to $500 mln from US DOE Corrects paragraph 2 in Sept. 12 story to say BlackRock provided funding to the firm's Stratos facility in Odessa, Texas, not the South Texas DAC hub Sept 12 (Reuters) - Occidental Petroleum's OXY.N carbon capture and sequestration unit 1PointFive said on Thursday that the U.S.
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CWA Says Across Southeast, Members Of CWA District 3 Continue Their Strike Against At&T

BRIEF-CWA Says Across Southeast, Members Of CWA District 3 Continue Their Strike Against At&T Sept 12 (Reuters) - CWA: CWA: ACROSS SOUTHEAST, MEMBERS OF CWA DISTRICT 3 CONTINUE THEIR STRIKE AGAINST AT&T Further company coverage: T.N
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Verizon to take up to $1.9 billion severance charge in Q3; over 2,000 staffers to exit this month

UPDATE 2-Verizon to take up to $1.9 billion severance charge in Q3; over 2,000 staffers to exit this month Adds background Sept 12 (Reuters) - Verizon VZ.N expects to record a severance charge between $1.7 billion a nd $1.9 billion in the third quarter as a result of a previously announced voluntary separation program, the carrier said in a regulatory filing on Thursday.
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Ericsson forms company with 12 telcos to sell network software

REFILE-UPDATE 2-Ericsson forms company with 12 telcos to sell network software Fixes syntax in paragraph 1 Verizon, Reliance Jio, Deutsche Telekom joins new venture Ericsson will hold 50% of venture, rest by telecom providers Ericsson says venture has fully funded business plan for 3 years Investors committed initial funding, Series B funding if needed By Supantha Mukherjee, Anna Ringstrom STOCKHOLM, Sept 12 (Reuters) - Ericsson ERICb.ST said on Thursday it had created a joint venture to sell so
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Ericsson teams up with several operators on network API's

Ericsson teams up with several operators on network API's STOCKHOLM, Sept 12 (Reuters) - Swedish telecom equipment maker Ericsson ERICb.ST has created a new joint venture for selling network software tools with over a dozen telecom operators across regions, it said in a statement on Thursday. It said the firms it joined forces with, in order to accelerate the adoption of application programming interface (API) software, included Deutsche Telekom DTEGn.DE and Vodafone VOD.L in Europe, Verizon and
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Microsoft says productivity software suite recovered after outage

UPDATE 5-Microsoft says productivity software suite recovered after outage Updates status in paragraph 1, adds AT&T statement in paragraph 6 Sept 12 (Reuters) - Microsoft MSFT.O said its cloud-based productivity software suite, which includes Word, Excel and Teams, among other widely used tools, has recovered after an outage impacted thousands of users on Thursday.
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AT&T Enters Into Strategic Contract With Unsupervised

BRIEF-AT&T Enters Into Strategic Contract With Unsupervised Sept 11 (Reuters) - AT&T Inc T.N : AT&T ENTERS INTO STRATEGIC CONTRACT WITH UNSUPERVISED AFTER FINDING OVER $100M IN INSIGHTS USING UNSUPERVISED'S AI DATA ANALYSTS AT&T - AS PART OF NEW AGREEMENT, AT&T PLANS TO USE UNSUPERVISED'S AI DATA ANALYSTS IN WIDER CAPACITY OVER NEXT YEAR Source tex
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Americans used record 100 trillion megabytes of wireless data in 2023

UPDATE 1-Americans used record 100 trillion megabytes of wireless data in 2023 Adds more details, comment from report author in paragraphs 3-9 By David Shepardson WASHINGTON, Sept 10 (Reuters) - Americans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year in the largest single-year increase in wireless data consumption, according to an industry survey released on Tuesday.
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Americans used record 100 trillion megabytes of wireless data in 2023

Americans used record 100 trillion megabytes of wireless data in 2023 WASHINGTON, Sept 10 (Reuters) - Americans used just over 100 trillion megabytes of wireless data in 2023, up 36% over the prior year in the largest single-year increase in wireless data consumption, according to an industry survey released Tuesday. The increase -- 26 trillion MBs over 2022 -- comes as a growing number of 5G wireless devices are being used, said wireless industry association CTIA that represents major wireless
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