U.S. stock futures are slipping; Microsoft shares jumps as fiscal first-quarter revenue tops forecasts; AT&T has discussed a merger with Time Warner, a report says.
The second stage of an FCC Auction ends quickly, as telecoms, communications companies and investors bid less than expected.
Verizon is on thin ice with a disappointing quarter and the Yahoo data breach.
With YouTube's help, Google's reported online TV service can stand out in an increasingly crowded field. But it isn't clear that either cord-cutters or pay-TV subscribers will embrace it.