VENTURE CAPITAL POST

Otter Media, a joint venture between telecom giant AT&T Inc and The Chernin Group, has agreed to buy a majority stake in Fullscreen, one of the largest networks on YouTube, the companies announced on Monday.

French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said.

AT&T Inc is "intrigued" by Latin America and especially Mexico and would not rule out an opportunistic deal there even as it seeks to complete its $48.5 billion planned takeover of DirecTV, an AT&T executive said at a conference on Tuesday.

U.S. telecommunications regulators will vote on Thursday on whether to formally propose new "net neutrality" rules that may let Internet service providers charge content companies for faster and more reliable delivery of their traffic to users.

Enplug, a digital signage maker company, has raised USD2.5 million seed funding. The Los Angeles headquartered company has thought of new way to do digital displays.

Mountain View, US-based Internet of Things (IoT) cloud Jasper landed a $50-million investment in a funding round led by Temasek to bring its IoT technology to Coca-Cola's new initiatives.

Jim Cicconi of AT&T said the call of Netflix CEO Reed Hastings for free internet internet connection was an "arrogant proposition" that would require everyone else except Netflix to pay, Reuters reported.

A report from Chetan Sharma Consulting said the US will exceed the $100 billion mark in mobile data revenue this year to be followed by China and Japan, VentureBeat reported.

New York, US-based tech giant IBM and Dallas, Texas-based telecom firm AT&T struck a strategic partnership that will create a simplified service that will help businesses deal with network security problems and other cyber threats.

Google Ventures general partner Rich Miner will join the board of directors of San Francisco, US-based mobile app performance management (mAPM) firm Crittercism to replace Wesley Chan, who left Google Ventures to establish his own company.

Petah Tikva, Israel-based ClickSoftware Technologies Ltd entered a deal to add Mountain View, US-based mobile workforce management firm Xora Inc for a cash consideration of around $14.7 million.

Santa Monica, US-based company Beats Electronics is finally shutting down its MOG streaming service on April 15, and aims to convert the service's subscribers to Beats Music.

The low-cost price plans of T-Mobile would most likely block Sprint Corp's takeover attempt of the company as regulators like to have an operator that provide lower rates to customers, Bloomberg reported.

US-based telecommunications company Sprint is eyeing the purchase of rival T-Mobile USA next year in a deal worth $20 billion, according to sources cited in a report by The Wall Street Journal.

AT&T has asked the permission of the US Securities and Exchange Commission to allow the firm to exclude a request from shareholders asking for the details how it shares customer information with government agencies in its annual meeting.