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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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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