The Federal Communications Commission launched its much anticipated auction of 5G airwaves today, a sale that is expected to shape the competitive landscape for the wireless industry over the next decade. Bidding in the first round closed at $1.7 billion with analysts anticipating final proceeds of as much as $50 billion. Auction revenue will go to the federal treasury and to compensate...
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Apple’s Hiccup, Blue Apron Gets Picked Up
It’s hard to feel sympathy for Apple, given how much money it makes ($9.2 million in net income every hour in the most recent quarter). But the flood of complaints on social media about overheating in the latest line of iPhones makes you feel a bit for the tech giant and its executives. Here’s a company that wanted to make its high-end phones lighter by using titanium, and what sounds like a...
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