The FCC’s net neutrality plan may have even bigger ramifications in light of this obscure court case – “The case involves AT&T and… the Federal Trade Commission. At stake is the FTC’s ability to prosecute companies that act in unfair or deceptive ways.”

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SEC filing shows China’s Tencent bought a ~10% minority stake in Snap; shares of Snap erased Tuesday’s 16% loss in after-hours trading following revenue miss (Terri Cullen/CNBC)

Terri Cullen / CNBC: SEC filing shows China’s Tencent bought a ~10% minority stake in Snap; shares of Snap erased Tuesday’s 16% loss in after-hours

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Sources: inability to agree on controlling stake, valuation, and fear of opposition from regulators doomed the T-Mobile Sprint merger (Wall Street Journal)

Wall Street Journal: Sources: inability to agree on controlling stake, valuation, and fear of opposition from regulators doomed the T-Mobile Sprint merger  —  After months

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South African media and internet giant Naspers acquires another 13% stake in Berlin-based food delivery firm Delivery Hero for ~€660M from Rocket Internet (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: South African media and internet giant Naspers acquires another 13% stake in Berlin-based food delivery firm Delivery Hero for ~€660M from

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Sources: T-Mobile, Sprint reach “major breakthrough” in merger talks, could sign deal by end of October; Deutsche Telekom will own majority stake (Reuters)

Reuters: Sources: T-Mobile, Sprint reach “major breakthrough” in merger talks, could sign deal by end of October; Deutsche Telekom will own majority stake  —  (Reuters)

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Sources: Tencent Music plans to sell about 3% stake at $10B valuation to strategic partners like labels to secure music rights in China ahead of an IPO (Lulu Yilun Chen/Bloomberg)

Lulu Yilun Chen / Bloomberg: Sources: Tencent Music plans to sell about 3% stake at $ 10B valuation to strategic partners like labels to secure

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