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.
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. AT&T said that it’s currently in “advanced discussions” with power companies ahead […]
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.
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.
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.
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.
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.
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.
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 […]
Foxconn and Sharp announced Wednesday that Foxconn will take over Sharp, an electronics and display maker, in a deal worth about $3.5 billion.
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 […]
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.