IBT Staff Reporter

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AT&T to offer bigger asset sale to save T-Mobile deal

AT&T Inc is considering an offer to divest a significantly larger portion of assets than it had initially expected, in order to salvage its $39 billion deal to buy T-Mobile USA, Bloomberg reported citing a person familiar with the plan.

In twist, blocking AT&T deal could hurt rivals

Driven by antitrust concerns, U.S. regulators are fighting hard to block AT&T's $39 billion deal to buy Deutsche Telekom's T-Mobile USA. But, in an ironic twist, smaller U.S. wireless rivals may suffer more if the deal is blocked than if it is approved.

Philippines say arrested hackers funded by Saudi group

Philippine police and the FBI have arrested four people that Manila said were paid by a militant Saudi Arabian-based group to hack into U.S. telecom AT&T's system, but the company said it was neither targeted nor breached.

'Control Room' Director Arrested in Egypt Protest

Jehane Noujaim -- director of Control Room, a 2004 documentary about Arabic-language news network Al Jazeera -- was arrested and later released after participating in a protest in Egypt, according to multiple reports on Twitter.

Ben Whishaw to play Q in new Bond film Skyfall

British actor Ben Whishaw will reprise the character of high-tech weapons specialist Q in the upcoming James Bond film Skyfall, a role previously played by actors Desmond Llewelyn and John Cleese, media outlets reported on Friday.

Happy Feet Two flop leads to 600 layoffs: report

As a result of the poor box-office performance of Happy Feet Two, 600 of the 700 employees at the digital production studio behind the animated movie reportedly have received their walking papers.

Tilda Swinton dives again into dark emotional waters

By now, it's certainly no surprise that Tilda Swinton has turned in another riveting performance in a dark and difficult movie; from Orlando to I Am Love, that's what she does, with occasional detours to play the white witch in the Narnia films and win an Oscar as a corporate lawyer in Michael Clayton.

New York Times columnist Tom Wicker dies at 85

Tom Wicker, the New York Times reporter who covered the assassination of President John F. Kennedy for the paper before moving on to become the Times' Washington bureau chief and a columnist for 25 years, died at his Rochester, Vermont, home on Friday, the Times reports.

Los Angeles to evict Occupy camp on Monday

Hundreds of anti-Wall Street protesters who have been camped in front of Los Angeles' City Hall for nearly two months will be evicted on Monday, city officials said on Friday.

Violence, pepper spray mar Black Friday shopping

Black Friday turned into a black mark against American shoppers as riotous crowds brawled over video games, waffle irons and towels, drawing international condemnation and even raising questions about the state of humanity.

Former FBI director appointed MF Global trustee

Former FBI director Louis Freeh was appointed trustee in the MF Global bankruptcy case on Friday, days after he was hired to lead an independent probe into a sex abuse scandal at Penn State University.

Black Friday draws crowds, but spending in doubt

Retailers were hoping for more shoppers like Shawn Elzia as the annual Black Friday bargain stampede marked the unofficial start of what is widely expected to be a middling holiday shopping season.

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