FCC to probe whether major carriers gave false coverage information

(Reuters) – The Federal Communications Commission said on Friday it was investigating whether major wireless service providers submitted false information about their coverage areas. Under here the FCC’s Mobility Fund Phase II mapping program, the agency would allocate up to $4.53 billion over the next decade to advance high-speed mobile broadband service in rural areas that would not be served […]

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China warns of severe consequences if Canada does not release Huawei CFO

China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd’s chief financial officer, calling the case “extremely nasty”. Meng Wanzhou, Huawei’s global chief financial officer, was arrested in Canada on Dec. 1 and faces extradition to the United States, which alleges that she covered up her company’s links to […]

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Time to pull the plug on broadband debacle

You’ve heard of Murphy’s Law – what can go wrong, will go wrong. But perhaps you haven’t heard of O’Toole’s Law – Murphy was an optimist. The National Broadband Plan (NBP) has operated under O’Toole’s Law. Since 2012, every setback that could scupper provision of nationwide rural broadband has contrived to bedevil successive governments’ false dawns. The latest twist in […]

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India's HCL to buy some IBM software assets for $1.8 billion; shares fall

(Reuters) – Indian software services firm HCL Technologies (HCLT.NS) agreed to buy some software assets from International Business Machines Corp (IBM.N) for $1.80 billion to help it compete better with bigger rivals such as TCS (TCS.NS) and Infosys Ltd (INFY.NS). HCL shares fell as much as 7.7 percent to their lowest in five months. Some analysts said the deal did […]

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Alibaba signs agreement with Belgium for e-commerce trade hub

BEIJING (Reuters) – Alibaba Group Holding Ltd said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce trade hub, which will include investments in logistics infrastructure. The project is part of Alibaba’s Electronic World Trade Platform (eWTP), and Belgium is the first European country to join the project following similar agreements in Malaysia and […]

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Meng Wanzhou Was Huawei’s Professional Face, Until Her Arrest

BEIJING — As Huawei’s finance chief and daughter of its founder, Meng Wanzhou has been a polished, professional face for a huge technology firm that long was opaque to the outside world. Ms. Meng, the eldest daughter of Ren Zhengfei, the leader of the telecom equipment maker, has appeared before reporters to announce the company’s financial results. She has spoken […]

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Huawei Executive Took Part in Sanctions Fraud, Prosecutors Say

VANCOUVER, British Columbia — The reasons that the United States asked the Canadian authorities to arrest a top executive of the Chinese technology company Huawei last week had been shrouded in mystery. On Friday, the details of the arrest and what led up to it came out in a Canadian courtroom. At a bail hearing in Vancouver for Meng Wanzhou, […]

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Fandor Lays Off Staff, Company Sells Assets of Indie-Film Streaming Service (EXCLUSIVE)

Fandor, the independent-film streaming service, has laid off nearly all of its employees and sold off its assets, Variety has learned. Reached for comment, Fandor CEO/chairman Chris Kelly sent a statement in which he said Fandor has a deal in place that will let a “new entity” continue to operate the service. He declined to identify the entity that now […]

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Lay Offs Hit Daybreak Studios, Rumored at 70

Daybreak Studios, the developers behind “EverQuest II,” “H1Z1,” and “PlanetSide 2,” laid off a number of employees this week as part of a structure optimization, the company told Variety. Former Daybreak Studios president John Smedley took to Twitter Friday afternoon to talk about the layoffs noting that “70 people is a lot.” “Very sorry to hear about the layoffs at Daybreak,” […]

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Do TV Shows Not Work on Social? Facebook Gets Less Than 600,000 Views for ‘Buffy the Vampire Slayer’ in First Week

Facebook has 185 million daily active users in the U.S. and Canada. The company has been trying for more than a year to turn them into daily viewers of long-form, TV-style video — but so far, its efforts have been underwhelming. Last Friday, Facebook launched every episode of cult classic “Buffy the Vampire Slayer” and two other Joss Whedon shows — “Angel” […]

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