Cecilia Kang

AT&T announced it had completed its $85.4 billion acquisition of Time Warner. The Justice Department still has 60 days from the date of the ruling to file an appeal, even if the companies close the merger, and such a filing remained a possibility. There was a time limit on when the government could seek an injunction, because the merger agreement between the companies expires on June 21. If an injunction had been granted, the companies would have had to extend the date or AT&T would have had to pay Time Warner $500 million in what is known as a reverse termination fee.

Disney’s offer to buy 21st Century Fox. CVS’s bid for Aetna. T-Mobile’s proposed merger with Sprint. The path for these blockbuster deals and others could be transformed in an instant on June 12, when a federal judge is expected to issue his opinion on the government’s effort to block AT&T’s merger with Time Warner. It is one of the most influential antitrust cases in decades, enthralling Hollywood, Silicon Valley and Madison Avenue. If the merger is blocked, some executives are likely to slim down their deal aspirations.

For the next several weeks, until her daughter Pippa goes to day care as a slightly older baby, she will join Federal Trade Commissioner Rebecca Slaughter on the fifth floor, either in a gray bouncy seat behind a desk or nestled in a wrap attached to her mother’s chest. It was the imperfect but best solution for Commissioner Slaughter, whose appointment in March to serve as an FTC commissioner just happened to coincide with the birth of her third child. 

Facebook replaced its head of policy in the United States, Erin Egan, as the social network scrambles to respond to intense scrutiny from federal regulators and lawmakers. Egan, who is also Facebook’s chief privacy officer, was responsible for lobbying and government relations as head of policy for the last two years. She will be replaced by Kevin Martin on an interim basis. Martin has been Facebook’s vice president of mobile and global access policy and is a former Republican chairman of the Federal Communications Commission.

Apparently, the Justice Department has opened an antitrust investigation into potential coordination by AT&T, Verizon and a telecommunications standards organization to hinder consumers from easily switching wireless carriers. In Feb, the Justice Department issued demands to AT&T, Verizon and the GSMA, a mobile industry standards-setting group, for information on potential collusion to thwart a technology known as eSIM, apparently. 

AT&T’s chief executive, Randall Stephenson, attacked the Justice Department’s lawsuit to block its merger with Time Warner, saying that a combined company would be no different from the Silicon Valley giants that make and distribute video content. As the last witness for the defense in the Justice Department’s legal battle against AT&T’s $85.4 billion deal to buy Time Warner,  Stephenson portrayed the 140-year-old phone giant as being in an existential crisis and in need of the deal with Time Warner to compete against tech companies.

With bipartisan agreement, members of Congress said that Silicon Valley needed to be reined in with new regulations. But time and again, when the most pressing issues have landed on Capitol Hill — like gun violence, school shootings, immigration and border control — Congress has declared five-alarm fires only to fail to follow through on major legislation. The current zest for new privacy laws is also likely to stall as lawmakers wrestle with the technical complexities and constitutional vexations sure to emerge with any legislation to control content on the internet. Beyond the typical pol

After two days and more than 10 hours of questioning of Mark Zuckerberg, the Facebook chief executive, there was widespread consensus among lawmakers that social media technology — and its potential for abuse — had far outpaced Washington and that Congress should step in to close the gap. But the agreement largely ended there.

Facebook CEO Mark Zuckerberg's appearance before Congress turned into something of a pointed gripe session, with both Democratic and Republican senators attacking Facebook for failing to protect users’ data and stop Russian election interference, and raising questions about whether Facebook should be more heavily regulated. Of specific interest were the revelations that sensitive data of as many as 87 million Facebook users were harvested without explicit permission by a political consulting firm, Cambridge Analytica, which was connected to the Trump campaign.

Mark Zuckerberg, Facebook’s chief executive, tried to get ahead of a week of intense scrutiny for him and his company by visiting several top lawmakers in Washington and reiterating how sorry he was for the social network’s failings. He held several meetings with leaders of the Senate Commerce and Judiciary Committees. He also posted testimony apologizing for Facebook’s role in false news, data privacy leaks and foreign interference in elections, as his company announced that it would form an independent commission of academic researchers to study social media’s impact on elections.