The results are in, and Comcast has bested Fox in the quest for British satellite broadcaster Sky with a final bid of roughly $39 billion in the unusual 3-round auction overseen by the UK’s Takeover Panel. The result must be an unimaginably bitter pill for Rupert Murdoch—who’s had his eye on the Sky prize for years—to swallow – NYTimes and WSJ and Bloomberg and MarketWatch and Law360

Federal authorities have opened a series of inquiries into potential illegal activities by some of the world’s biggest drugmakers, including Sanofi, Gilead Sciences, and Biogen are “violating laws by providing free services to doctors and patients.” Other drug giants like Amgen, Bayer, and Eli Lilly, are mired in whistleblower suit accusing the companies of illegal kickbacks. All told, it’s going to be an interesting year or two ahead in the drug world – WSJ

In a move that can’t be considered surprising, given the ratcheting up of tariffs from the White House over the past week, China has officially canceled plans for trade talks with the US this week – NYTimes and WSJ and Bloomberg

OPEC members “largely agree” that oil shouldn’t exceed $80/barrel at the moment.  Agreeing to much of anything else?  Big trouble – WSJ

This Law360 Feature on crowdfunding suggests the rising popularity of the money-raising vehicle brings with it risks that include “civil litigation, potential criminal charges and uncertain access for beneficiaries” – Law360

Andreessen Horowitz partner Steven Sinofsky is out with an interesting blog post on Amazon—the gist is, for all the focus on disruption and fancy names, Amazon’s actually following a pretty traditional retail path to domination – Medium

A Nebraska federal court judge has given the go-ahead for a class of investors to sue discount brokerage TD Ameritrade over allegations that the company, “which provides investing and trading services for 11 million client accounts, prioritized its profits over their best interests” – WSJ

America’s answer to scandal-tainted Libor—the Secured Overnight Financing Rate—seems to be finally gaining some traction on Wall Street, 6 months after its launch – Bloomberg

A group of financial institutions is pushing back against Equifax’s attempt to dismiss their data breach claims, arguing that the “money and time spent to protect their customers’ data is a valid injury directly tied to Equifax’s deficient data security measures” – Law360

Finding yourself longing for the wider world but facing the realities of work and school and, well, life? This audio tour of the world from the Times may help – NYTimes