What's Next: M&A Heyday: Tim Armstrong, CEO of Verizon's Oath, tells me the consolidation of tech, media and telecom will likely grow more intense as companies race to keep up with consumers' "massive shift" to mobile and over-the-top services. "People are trying to position themselves for whatever their weakness areas are and make them strengths."
When Xiaomi first launched in India in 2014, its goal was to sell at least 10,000 smartphones in the country. In the first three months of 2018, the Chinese tech firm sold more than 9 million.
The trial over the Justice Department's lawsuit to block AT&T's purchase of Time Warner, which some observers had called the antitrust case of the century, ended Monday. But the two companies, and the many other people watching the case, will likely have to wait more than a month to find out the outcome.
After an evening of cocktails in San Diego, a woman got into the back of an Uber for a ride home. She was so intoxicated she had to ask the driver to stop so she could vomit. She says she then passed out in the backseat.
