The merger of T-Mobile and Sprint, the nation’s third and fourth largest wireless carriers, is nearly approved after a drawn-out battle. The Federal Communications Commission and Justice Department cleared the merger in June, but the process ground to a halt when attorneys general from 13 states and the District of Columbia sued. This week in Manhattan, U.S. District Court judge Victor Marrero rejected the suit, leaving one last step to navigate. The new company will be called T-Mobile and have about 100 million customers. Read more

Researchers at Microsoft Research Asia and the Harbin Institute of Technology have come up with a new technique to use artificial intelligence to generate live video captions. In the past, technologists have used encoder-decoder models, but didn’t model the interaction between videos and comments, resulting in mainly irrelevant comments. The new technique — based on a model that iteratively learns to capture the representations of audio, video and comments — outperforms current methods, according to the research team. Read more

The newly integrated ViacomCBS is combining its assets to fuel a streaming service based on CBS All Access, say sources. Executives are reportedly considering an ad-supported service that will integrate Viacom’s Pluto TV, Nickelodeon, BET, MTV, Comedy Central and Paramount Pictures with CBS All Access. Also on the drawing board is an ad-free version and a premium version including Showtime. No name or price point have been set, although sources stated the basic services will probably be less than $10/month. Read more

Last week, Warner Bros. announced the creation of a new film production unit named Warner Max that will create original content for WarnerMedia’s new streaming service, HBO Max, set to launch in the U.S. this May for $15/month. The joint venture plans to produce 8-10 mid-budget movies per year, and will not impact the number of theatrical releases produced by Warner Bros. or New Line Cinema. The first Warner Max film is slated to premiere later this year, while Warner Bros. will distribute content across other media and territories beyond the HBO Max SVOD window. Meanwhile, WarnerMedia is reportedly investing heavily in online original series ahead of the HBO Max launch, including a number of sci-fi and fantasy titles. Read more

Artificial intelligence and quantum computing would be awarded increased funding under the Trump administration’s proposed $4.8 trillion budget. The Defense Department and the National Science Foundation would receive more funds for AI research, and $25 million would go towards the creation of a national “quantum Internet,” aimed at making it more difficult to hack into digital communications. The proposed funding comes at a time that China has prioritized both new technologies, and the U.S. seeks to catch up. Read more