Nancy WeilManaging Editor, IDG News Service

Nancy Weill is managing editor of the IDG News Service, based in Boston.

att directv

Rumors confirmed: AT&T plans to buy DirecTV

AT&T will pay about $50 billion for the satellite TV provider

Report: LightSquared Prepares for Bankruptcy Filing

Negotiations between LightSquared and its lenders remain "far apart," leaving the beleaguered would-be data carrier likely to file for bankruptcy.