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Business

Verizon outmaneuvers AT&T, scoops up big-time 5G network acquisition

Last month it was reported that AT&T was buying Straight Path, a very important 5G spectrum holder for $1.25 billion. The hefty sum ended up not being enough as Verizon swooped in at the last second and outbid AT&T to acquire Straight Path.

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Business Mobile

Project AirGig, AT&T’s next step towards 5G, will enter testing this fall

AT&T announced on Tuesday that it will begin publicly testing its “Project Airgig” technology, which takes advantage of broadband over powerlines (BPL) and other technologies to provide multi-gigabit speeds to its users, by this fall. The deployment is part of AT&T’s 5G preparation.

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AT&T said that it’s currently in “advanced discussions” with power companies ahead of its public tests. It said it’ll begin to deploy Project AirGig in two places, including the United States and one other unannounced country. Project AirGig was developed inside AT&T’s labs as it prepares to deploy 5G data speeds to its wireless customers, and the fastest possible speeds it can deliver to customers who pay for broadband.

“AT&T Labs is ‘writing the textbook’ for a new technology approach that has the potential to deliver benefits to utility companies and bring this multi-gigabit, low-cost internet connectivity anywhere there are power lines – big urban market, small rural town, globally,” AT&T said on Tuesday, noting that AirGig has been in development for more than 10 years.

High-speed broadband and mobile

Project AirGig combines two technologies, the aforementioned BPL and millimeter wave, to deliver high-speed broadband and mobile connectivity, instead of just one or the other. “These devices create a multi-gigabit signal that travels along or near the wire – not through it,” AT&T explained. “This signal means connected experiences become an everyday reality for people – regardless of location,” the company added, noting that unlike current fiber solutions, Project AirGig doesn’t need to be buried in the ground.

Check out the two videos below for a closer look at how Project AirGig operates.

Source- AT&T

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Business

Amazon Prime Air drone made its first delivery! Check out the incredible videos

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Amazon recently completed its first real-life delivery using its Amazon Prime Air drone. The flight took place on December 7 and was fully autonomous, delivering a customer’s goods in just 13 minutes. We live in the future, folks.

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Business Streaming Media

AT&T DIRECTV NOW Launches Nov. 30 starting at $35 per month

AT&T officially unveiled the final details for its DIRECTV NOW on-demand streaming video platform on Monday, including the launch date and the monthly pricing tiers. It will compete directly with services such as Sling TV and PlayStation Vue when it launches on November 30 starting at $35.

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Business

Microsoft acquires LinkedIn for $26.2 billion

Microsoft said Monday morning that it will acquire the social network LinkedIn for $26.2 billion, or $196 per share. That’s a nice premium over the company’s share price, which is currently floating around $131 before the opening bell. The deal is an all-cash transaction.

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Business Internet

Bitcoin creator Craig Wright steps from the shadows – It was me, I created Bitcoin

The creator of Bitcoin has, for as long as I can remember, been known as a secret “Satoshi Nakamoto” character. Newsweek thought it found the actual “Satoshi Nakamoto” two years ago, with a major cover story that turned out to be untrue.

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Business

Facebook crushed first quarter earnings out of the park last night

Facebook reported its first quarter earnings last night, beating out analyst estimates on both the top and bottom lines. Wall Street was looking for $0.62 earnings per share on $5.26 billion in revenue, and Facebook knocked a homer out of the park noting $0.77 earnings per share on $5.38 billion in revenue.

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Business

Microsoft sues U.S. government: You can’t keep us quiet!

The number of American tech companies who are suspicious of the U.S. government’s activities is increasing. Microsoft is now officially suing the U.S. government because it believes that citizens deserve to know if and when the feds request otherwise private data on their activities.

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Business Mobile

Apple has helped the Feds hack into more than 70 iPhones since 2008

Apple is taking advantage of its battle with the FBI to gain some free marketing. The company has made it clear that it’s doing everything it can to protect consumer privacy, which is good news for all of us, but bad news for authorities trying to bust criminals using iOS to hide their tracks. Turns out, though, that Apple actually used to help the feds.

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Business

Foxconn will take over Sharp in $3.5 billion deal

Foxconn and Sharp announced Wednesday that Foxconn will take over Sharp, an electronics and display maker, in a deal worth about $3.5 billion.

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Business

Is it opposite day? Amazon said to open “hundreds” of bookstores

Amazon already has a retail store, it’s called Amazon Books and it exists in Seattle, Washington. The surprise, though, is that the company may actually be planning to open as many as “300 to 400” of the bookstores, according to General Growth Properties CEO Sandeep Mathrani. The mall executive was speaking during an earnings call and may have spilled the beans on Amazon’s intentions to increase the size of its retail business.

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Business Movies/Tv Shows

Jony Ive reveals secret design studio on this week’s “60 Minutes”

Apple headquarters is a pretty secretive place, and inside the Cupertino offices Jony Ive‘s design studio is an even greater mystery. But this Sunday we’ll get a first look at the place where new iPhones are born courtesy of 60 Minutes.