Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T Inc.    T

AT&T INC.

(T)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

AT&T : CNN Buys Canopy, Maker of News Reader App

share with twitter share with LinkedIn share with facebook
share via e-mail
04/07/2020 | 10:16am EDT

By Benjamin Mullin

CNN said it has acquired Canopy, the maker of a news reader app whose technology the company is planning to use for its forthcoming news-aggregation service.

CNN, which is a unit of AT&T Inc.'s WarnerMedia, didn't disclose the financial terms of the deal.

Canopy, which has about 15 employees in New York and Massachusetts, builds products that help users discover online content through a mix of human curation and machine learning. CNN said Tuesday that the deal has closed, and Canopy's developers now work for CNN.

CNN is planning on using Canopy's technology and developers to help power "NewsCo," the working title for an as-yet unlaunched news-aggregation service. NewsCo doesn't yet have a firm launch date or a settled consumer-facing brand.

Canopy created the Tonic news reader app, which serves up personalized recommendations to its users based on their reading habits and stated preferences. CNN is planning to phase Tonic out and build NewsCo using some of the app's ideas.

Write to Benjamin Mullin at Benjamin.Mullin@wsj.com

 

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AT&T INC.
12:36pAT&T : WarnerMedia Taps Hulu, Verizon Alum as Technology Chief
DJ
05/29AT&T : CWA-Represented Employees Vote to Ratify West Wireline Agreement
PR
05/29TWITTER, GENERAL ELECTRIC, WALT DISN : Stocks That Defined the Week
DJ
05/29SOUTHERN : Velocity AI Shines a Bright Light on New Revenue Opportunities for Lo..
AQ
05/28AT&T : TitleAT&T INC. ANNOUNCES SETTLEMENT OF EURO AND USD BOND ISSUANCES AND EA..
PU
05/28AT&T INC. : Announces Settlement of Euro and USD Bond Issuances and Early Repaym..
BU
05/28AT&T INC. : Termination of a Material Definitive Agreement, Other Events, Financ..
AQ
05/28AT&T : Selects Salesforce to Accelerate its Customer Experience Vision
PR
05/28WHAT'S NEWS : Business & Finance -- WSJ
DJ
05/27HBO Max Is Left Out of Amazon, Roku's Platforms at Launch -- Update
DJ
More news
Financials (USD)
Sales 2020 171 B - -
Net income 2020 16 827 M - -
Net Debt 2020 147 B - -
P/E ratio 2020 13,0x
Yield 2020 6,70%
Capitalization 220 B 220 B -
EV / Sales 2019
EV / Sales 2020 2,15x
Nbr of Employees 244 000
Free-Float 93,4%
Chart AT&T INC.
Duration : Period :
AT&T Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AT&T INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 33
Average target price 34,83 $
Last Close Price 30,93 $
Spread / Highest target 52,0%
Spread / Average Target 12,6%
Spread / Lowest Target -45,0%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman & Chief Executive Officer
John T. Stankey President & Chief Operating Officer
John J. Stephens Chief Financial Officer & Senior Executive VP
Matthew K. Rose Lead Independent Director
Scott T. Ford Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AT&T INC.-21.03%219 878
CHINA MOBILE LIMITED-15.27%142 894
T-MOBILE US27.57%123 626
SOFTBANK GROUP CORP.5.51%90 362
NTT DOCOMO, INC.-2.40%88 480
KDDI CORPORATION-2.64%65 478