The Federal Communications Commission on Thursday formally referred Sinclair Broadcast Group's proposed acquisition of Tribune Media to an administrative judge hearing, and called into question whether some of its divestments in the deal were a "sham."
What's Next: Bob Iger Wins Fox: Comcast has dropped its pursuit of 21st Century Fox, allowing Disney to proceed with its $71.3 billion takeover of Fox's entertainment assets. The deal will give Iger the most formidable content portfolio in Hollywood, from the Marvel Cinematic Universe and the X-Men to "Star Wars" and "The Simpsons," as well as majority ownership of Hulu.
Top UK security officials say they can only provide "limited assurance" that telecom equipment provided by Huawei poses no threat to national security.
Programming note: Go back to the decade that's responsible for your smartphone and social media addictions: 'The 2000s' airs Sundays at 9 p.m. ET/PT starting July 8 on CNNTV and CNNgo.
Kevin Durant, Steph Curry and the rest of the dominant Golden State Warriors team caused a problem for eBay. A stormy start to the baseball season didn't help either.