Bloomberg
Facebook’s Stealth M&A Puts Focus on Deals Under Antitrust Radar
Facebook did something US technology giants have done countless times before: it bought a smaller company and closed the deal without notifying competition regulators. But this transaction -- the $400 million acquisition of image library Giphy -- was particularly bold. Giphy used a common -- and legal -- maneuver that lets companies avoid scrutiny from merger watchdogs: it paid a dividend to investors.
FCC’s T-Mobile Probe Is Early Sign of Democrats’ Privacy Stance (Bloomberg)
Submitted by benton on Sun, 08/22/2021 - 15:50NTIA and States Get Say Over Broadband Funds in Senate Infrastructure Bill
Under the Senate infrastructure bill, the National Telecommunications and Information Administration (NTIA) would distribute $42.5 billion in new broadband subsidies through grants to eligible states. Local authorities would then competitively award that money to broadband service and infrastructure providers.
Google and Facebook’s New Cable to Improve Internet Connectivity in Southeast Asia
Google and Facebook announced their participation in a new subsea cable system for 2024 set to improve internet connectivity across the Asia-Pacific region. Dubbed Apricot, the infrastructure project will link Japan, Singapore, Taiwan, Guam, the Philippines, and Indonesia and help serve growing demand for broadband access and 5G wireless connectivity.
Apple Told to Pay $300 Million After Wireless Patent Retrial (Bloomberg)
Submitted by Grace Tepper on Mon, 08/16/2021 - 05:56T-Mobile Stirs ‘Grave Concerns’ at DOJ on Bid to End Old Network
The US Department of Justice (DOJ) has “grave concerns” about plans by T-Mobile to shut down the wireless network used by millions of Boost Mobile customers.
Why Silicon Valley’s Many Asian Americans Still Feel Like a Minority (Bloomberg)
Submitted by benton on Sun, 08/08/2021 - 13:17Facebook Disables Accounts Tied to NYU Research Project (Bloomberg)
Submitted by benton on Wed, 08/04/2021 - 06:19Low-Cost Broadband in Senate Bill Sparks Alarm on Rates
The infrastructure bill moving through Congress requires internet service providers to offer a low-cost option, sparking opposition from Senate Commerce Committee Minority Leader Roger Wicker (R-MS) who said the mandate may lead to broadband rate regulation. The measure will require funding recipients to offer a low-cost plan.