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AT&T will slash $3 billion off its capital investments next year

AT&T will slash $3 billion off its capital investments next year

Cutting costs — AT&T mostly stopped fiber-to-the-home deployment despite tax cut and deregulation. Jon Brodkin - Oct 30, 2019 6:53 pm UTC Enlarge / An AT&T repair truck.AT&T is planning to spend just $20 billion on capital investment in 2020, down from $23 billion this year. AT&T announced the $20 billion forecast for 2020 Monday…
The $26 billion T-Mobile-Sprint merger has officially been approved by the FCC

The $26 billion T-Mobile-Sprint merger has officially been approved by the FCC

Home News Mobile phones (Image credit: T-Mobile) It’s official: the FCC has approved the merger of telecom giants Sprint and T-Mobile, a move that evens the playfield against juggernauts Verizon and AT&T, but critics say reduces competition and opens the door to anti-consumer behavior.Now all that stands in the way of both companies joining up…
This story about a billion dollar scam to build an undersea Arctic cable is wild

This story about a billion dollar scam to build an undersea Arctic cable is...

Last year, the CEO of Quintillion, an Alaskan company trying to build a trans-Arctic undersea cable, was charged with wire fraud after forging contracts to help raise more than $250 million from investors. This week, Bloomberg posted a captivating feature about how that CEO nearly pulled off the scam of a lifetime. It’s a fascinating…
AT&T, facing $158 billion debt, to sell Puerto Rico network for $2 billion

AT&T, facing $158 billion debt, to sell Puerto Rico network for $2 billion

Paying off debt — Liberty to buy AT&T wireless and fiber networks in Puerto Rico and Virgin Islands. Jon Brodkin - Oct 9, 2019 8:55 pm UTC Enlarge / An AT&T sign outside a company office in New York City.AT&T has agreed to sell its wireless and wireline networks in Puerto Rico and the US…
Microsoft to hit 1 billion Windows 10 devices in 2020

Microsoft to hit 1 billion Windows 10 devices in 2020

Microsoft is edging closer to its 1 billion goal for Windows 10. The software giant is revealing today that Windows 10 is now running on more than 900 million devices, a significant jump from the previous 800 million figure achieved earlier this year. Microsoft says there have been more new Windows 10 devices in the…
New York Uncovers $1 Billion in Sackler Family Wire Transfers

New York Uncovers $1 Billion in Sackler Family Wire Transfers

In a court filing, the state attorney general’s office says that it has found new account transfers by family members who own Purdue Pharma, the maker of opioids. ImageDemonstrators outside the company headquarters of Purdue Pharma, owned by the Sackler family, in Stamford, Conn., on Thursday.CreditCreditErik McGregor/LightRocket, via Getty ImagesSept. 13, 2019Updated 5:49 p.m. ETThe…
Facebook’s $5 billion fine and how to punish companies that break the law

Facebook’s $5 billion fine and how to punish companies that break the law

Major corporations get caught behaving badly … a lot. And so far, the main solution we’ve come up with is fining them — the Federal Trade Commission hit Facebook with a $5 billion fine this summer, an amount that, while large, will barely make a ding in its business. The $170 million fine the FTC…
Apple Just Gave 1 Billion iPhone Users A Reason To Stay – Forbes

Apple Just Gave 1 Billion iPhone Users A Reason To Stay – Forbes

SOPA Images/LightRocket via Getty ImagesMistakes happen—even at the world's leading companies—as the raft of security announcements for Microsoft, Apple and Google platforms in recent weeks shows all too well. And so, accepting that, it comes down to what you do when it happens. And Apple is arguably leading the way in the speed and effectiveness…
The Cost of Rising Seas: More Than $400 Billion (and Lots of Angst)

The Cost of Rising Seas: More Than $400 Billion (and Lots of Angst)

This story originally appeared on Yale Environment 360 and is part of the Climate Desk collaboration.For cities in the United States, the price of infrastructure projects to combat rising seas and intensifying storms is coming into focus—and so is the sticker shock.In Boston, where many neighborhoods have been built and recently expanded in low-lying areas,…
Uber’s $5 Billion Loss, Boeing’s 787 Trouble, and More Car News

Uber’s $5 Billion Loss, Boeing’s 787 Trouble, and More Car News

David Mariuz/Getty ImagesDavid Mariuz/Getty ImagesWe WIRED transportation writers are obsessed with how technology and transportation have come together to revolutionize the way people get around in the 21st century. But sometimes—as a few stories we covered this week demonstrated—less transportation tech is better transportation tech. The Navy announced its moving away from touchscreens in favor…

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Voyage’s driverless future, ghost work, B2B growth strategies, and Black Hat...

Inside Voyage’s plan to deliver a driverless future In the autonomous vehicle space, startups have taken radically different strategies to building our AV future. Some companies like Waymo have driven all across different types of environments in order to rack up the datasets that they believe will be needed to effectively maneuver without a human…

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