March 6, 2024

Last week, tens of thousands of AT&T customers lost cell phone service for about seven hours in a nationwide outage. While some feared that the company’s network went down because of a cyberattack, AT&T clarified that the outage was caused by “the application and execution of an incorrect process used as we were expanding our network.” Of course, the reason for the failure did not really matter to people who were unable to use their phones during an important time Continue reading

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June 21, 2018

After a lot of legal wrangling, AT&T and Time Warner recently received permission to proceed with a long-awaited corporate merger. But they aren’t the only media companies looking to combine forces: Disney plans to buy Fox, so long as Comcast doesn’t beat them to the punch. This video takes a look at what these mergers mean for the companies themselves as well as consumers.

Questions:

  1. Why are major media companies starting to join forces through corporate mergers?
  2. How do you Continue reading
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July 12, 2016

One of the first phrases children are taught to say is “thank you.” This simple expression of gratitude then sticks with us throughout life, acting as the appropriate response to a range of situations both simple and serious. In the eyes of Citigroup, however, “thank you” is more than just a common reply. Since 2004 the banking giant has operated a rewards program called “ThankYou” that allows customers to earn points from their purchases. As a result, the company trademarked Continue reading

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