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Comcast abandons $45 billion Time Warner Cable merger

The Department of Justice said the plan to merge the two biggest U.S. cable companies would have made Comcast an “unavoidable gatekeeper” for broadband services. Federal Communications Commission Chairman Tom Wheeler said on Friday that the merger would have posed an “unacceptable risk to competition and innovation”. “Today, we move on,” Comcast Chief Executive Brian Roberts said in a statement.

Euro zone warns Greece no cash till full reform deal

Euro zone finance ministers warned Greece on Friday that its leftist government will get no more aid until it agrees a complete economic reform plan, as Athens lurches closer to bankruptcy. Greek Finance Minister Yanis Varoufakis faced a harsh morning in which euro zone ministers bemoaned talks they felt “were going nowhere” and one minister said that maybe it was time governments prepared for the plan B of a Greek