AT&T is acquiring wireless spectrum licenses from EchoStar for roughly $23 billion in cash. The acquisition will provide AT&T an average of approximately 50MHz of low-band and mid-band covering virtually all U.S. markets, bolstering connectivity across 5G and fiber, according to CEO John Stankey. AT&T says the deal will accelerate its ability to expand converged subscriber base, customers with both AT&T’s mobile 5G and home Internet services. EchoStar and AT&T have amended their network services agreement to enable EchoStar to operate as a hybrid MNO under the Boost Mobile brand, with AT&T as the primary network services partner. Read more

Sling TV has carved a niche for itself as a flexible purveyor of affordable streaming options. Now it is launching the $20 per month Sling Select, anchored with preselected channels FOX News, National Geographic, GRIT, NFL Network, FX, FS1, MeTV, Game Show Network, Heroes & Icons, Lifetime Movie Network and Vice, as well as specific 4K content across FOX and FS1. In select markets, Sling Select will also make local broadcasters ABC, NBC and FOX available for an additional $5 per month for markets that offer one or two of the channels and $10 per month for markets with all three. Read more

Perplexity AI has created a new revenue sharing opportunity for publishing partners affiliated with its Comet browser. Perplexity CEO Aravind Srinivas says the company has allocated $42.5 million in revenue to be shared among “a group of trusted publishers and journalists” supporting the company’s products with premium content. Publishers will be apportioned funds based on how much traffic their content generates across the debuting subscription model Comet Plus, as well as the Comet browser and Comet’s AI assistant. Publishers will get 80 percent of the revenue generated from the Comet Plus subscription with Perplexity keeping the rest. Read more

Meta Platforms has agreed to a six-year deal with Google Cloud valued at $10 billion as part of its push into artificial intelligence. Use of Google Cloud data centers are expected to help the social media giant bring leading-edge AI tools to market more quickly. This is the first agreement between Google Cloud and Meta, which continues to work with the number one and two global cloud providers by market share, Amazon Web Services (30 percent) and Microsoft Azure (20 percent). Third-place Google has been aggressively pursuing big cloud contracts as it seeks to grow its 13 percent share. Read more

Instagram has started to let creators link multiple Reels, effectively creating their own “series.” The new capability, which TikTok already offers, makes it more convenient for viewers to discover and follow related content. The new “Link a Reel” feature lets creators sequentially either link generally related content or connect specific, sequentially related material, as in Part 2, Part 3, etc. Meta Platforms has also added a free AI-powered voice translation feature. Now available globally on Facebook and Instagram, it automatically dubs and lip syncs Reels into other languages using the sound and tone of the creator’s own voice. Read more