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AT&T holds talks to sell DirecTV stake to TPG

Bloomberg AT&T Inc. is holding exclusive talks to sell a significant stake in DirecTV to private equity firm TPG, the latest stage of a months-long push to unload at least part of the struggling pay-TV business. A potential deal is weeks away, and the talks could still fall apart, said the person, who asked not to be identified because the ...

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Microsoft boosts price of Xbox Live Gold

Bloomberg Microsoft Corp. is raising the price for subscriptions to Xbox Live Gold, its paid online gaming platform, doubling the cost for an annual pass and prompting swift outrage from users. The price bump brings the cost of a six-month subscription to $60. Last year, Microsoft removed the option for a full-year subscription at that price from the online store. ...

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Tesla claims engineer stole secrets just days into the job

Bloomberg A former Tesla Inc. software engineer was ordered to appear before a judge to face allegations that three days into his job, he started stealing confidential files and transferring them to a personal storage account. During his two-week employment, Alex Khatilov stole more than 6,000 scripts, or files of code, that automate a broad range of business functions, Tesla ...

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