Major wireless networks partially agree to delay 5G around airports
Following an eleventh-hour plea from the airline industry that warned of a catastrophic aviation crisis, Verizon and AT&T are delaying Wednesday’s 5G rollout near certain airports.. The temporary holdup is to address the overlapping of air-safety distress frequencies that may interfere with pilots.
EXPLAINER: Why airlines fear 5G will upend travel this week
The airline industry is raising the stakes in a showdown with AT&T and Verizon over plans to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports.
Buffett's firm reveals new investments in Verizon, Chevron
Buffetts company made major new investments in Verizon and Chevron and again trimmed its huge stake in Apple while making several other adjustments to its stock portfolio in 2020. – Warren Buffett's company made major new investments in Verizon and Chevron and again trimmed its huge stake in Apple while making several other adjustments to its stock portfolio last year. Berkshire Hathaway Inc. said in regulatory filings Tuesday that it bought $8.6 billion worth of Verizon stock and picked up $4.1 billion worth of Chevron shares over the last six months of 2020. AdIn addition to those large new investments, Berkshire also revealed a new stake in professional services firm Marsh & McLennan that's worth roughly $499 million. In addition to the three new investments, Berkshire also added to its relatively new holdings in drugmakers Bristol Myers Squibb, Abbvie and Merck.
Widespread internet outages hit northeast U.S.
(AP Photo/Matt Rourke, File)Internet users across the northeast U.S. experienced widespread outages for several hours Tuesday, interrupting work and school because of an unspecified Verizon network issue. “An internet issue impacting the quality of our Fios service throughout the Northeast has been resolved," said spokesman Rich Young in an emailed statement Tuesday afternoon. People posting on Twitter reported having issues connecting with various online services in the region stretching from Washington, D.C., to Boston. Comcast, another major internet service provider, said it had not observed problems with its network Tuesday. AT&T said it does not supply home internet in the northeast and customers were not affected.
BuzzFeed buying HuffPost from Verizon for undisclosed price
BuzzFeed is buying HuffPost from Verizon as part of a bigger deal that has the wireless giant investing in the digital-media company. Verizon will be a minority shareholder in BuzzFeed and the two companies will partner on content and ads. That Verizon Media business, which also includes tech blogs TechCrunch and Engadget as well as Yahoo, has struggled. Peretti said he wants “BuzzFeed News to be more BuzzFeedy and HuffPost to be more HuffPosty.”As part of the deal, Verizon will keep putting HuffPost stories on its Yahoo sites. Guru Gowrappan, the head of Verizon's media business, said the company is “fully committed to the growth of the media business” and has “no plans to sell” any other properties.
These 5 smart tech devices can help you stay safe, organized this holiday season -- at home or away
If you’re a multitasker, list maker or you just want to stay organized and safe this holiday season, there are some helpful tech devices to keep you safe at home, or anywhere you need to roam. Aside from being helpful, these devices are easy to use and just might make your life a little easier. The watch comes with a number of pre-loaded messages that make it simple for seniors to respond to text messages. There’a also a streamlined three-touch navigation for accessing contacts, placing calls or responding to text messages. And you can leave video messages for each other on Nest Hub Max.
Verizon joins ad boycott of Facebook over hateful content
We have strict content policies in place and have zero tolerance when they are breached, we take action," New York-based Verizon said in a statement. Were pausing our advertising until Facebook can create an acceptable solution that makes us comfortable." In its own statement, Facebook executive Carolyn Everson said the company respected Verizon's decision and remains committed to purging hateful content from its services. Other advertisers who have pledged to stay off Facebook and other company services such as Instagram include three major outdoor gear companies, Patagonia, The North Face and REI. Common Sense, one of the boycott organizers, said other companies who have agree to pause their Facebook advertising include retailer Eddie Bauer, web browser maker Mozilla and and a movie studio, Magnolia Pictures.
Tumblr to get third owner in six years
Verizon said Monday it has agreed to sell Tumblr to Automattic, the parent company of Wordpress.com. The move will make Automattic the third company to own Tumblr in just six years. "Tumblr is one of the Web's most iconic brands," Automattic CEO Matt Mullenweg said in a statement. Yahoo acquired Tumblr for $1.1 billion in 2013, making it the largest acquisition of former CEO Marissa Mayer's tenure. In a statement Monday, Verizon Media CEO Guru Gowrappan said the deal to sell off Tumblr was "the culmination of a thoughtful, thorough and strategic process."
DOJ approves T-Mobile's mega-merger with Sprint
Justin Sullivan/Getty Images; Joe Raedle/Getty Images(CNN) - T-Mobile's mega-merger with Sprint can move forward, the Justice Department said Friday, paving the way for an unprecedented combination of America's third- and fourth-largest wireless providers. For weeks, Sprint and T-Mobile have been negotiating an agreement with the DOJ to address concerns that the merger may harm competition. Those airwaves could help rural Americans gain access to mobile Internet, according to the Justice Department. The Sprint and T-Mobile merger would help fulfill those goals, he said. The states, Sprint and T-Mobile have agreed to a trial date of Oct. 7 in federal court in New York.