Telecom Stocks Slide as SpaceX Spectrum Deal Sparks Competition Fears
US and European telecommunications stocks tumbled on Friday after SpaceX’s acquisition of low-band spectrum intensified concerns over competition from satellite-based mobile services. T-Mobile US, Verizon and AT&T fell between 5.5% and 7.4% in premarket...
Verizon Invests $70 Million in Nationwide AI Training Initiative
Verizon announced on Wednesday that it is investing $70 million in a nationwide initiative to provide artificial intelligence (AI) training to job seekers, small businesses and educators as the U.S. economy undergoes a major...
U.S. Supreme Court to Weigh FCC’s Authority in Wireless Carrier Data Privacy Fines
The U.S. Supreme Court is set to hear a pivotal case on Tuesday examining whether the Federal Communications Commission (FCC) overstepped its constitutional authority by imposing nearly $200 million in fines on major wireless...