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DirecTV and Dish have been trying to merge for years. It could finally happen.

Another major media merger could be on the horizon. Satellite TV providers DirecTV (T, TPG) and Dish Network (SATS) are reportedly in advanced merger discussions, according to The Wall Street Journal. If the deal is completed, it would create one of the largest pay-TV providers in the country. It is unclear which company would be […]

By Andrew Jack

September 29, 2024September 29, 2024

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Super Micro Computer shares plunge on report of a U.S. Department of Justice investigation

AI server maker Super Micro Computer (SMCI) shares plunged 15% on Thursday after The Wall Street Journal reported that the company is under investigation by the U.S. Department of Justice. Citing unnamed sources, the Journal said the Justice Department was investigating the company for possible accounting violations. The problem was first brought to light in […]

By Andrew Jack

September 26, 2024September 26, 2024

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US Department of Justice investigates Super Micro Computer, reports WSJ

(Reuters) – The U.S. Justice Department is currently investigating the Super Micro Computer case, the Wall Street Journal reported on Thursday, nearly a month after short seller Hindenburg Research accused the AI server maker of “financial statement manipulation.” Super Micro shares fell about 12% following the report. The WSJ report, citing people familiar with the […]

By Andrew Jack

September 26, 2024September 26, 2024