AT&T Corp. was sued by a tech firm that accuses the largest U.S. provider of pay TV of stealing the startup?s technology for providing online streaming news and interfering with its launch. Dallas-based AT&T reneged on an agreement to invest $100 million in My24hournews.com, which invented a system to deliver streaming news to computers, smartphones and tablets, after making off with its technology, the tech firm said in a lawsuit. AT&T violated agreements with My24hournews.com by ?refusing to fund My24?s launch?? and ?holding My24?s Broadcast Platform hostage,?? according to the complaint filed in federal court in Atlanta this week.
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