Auction reshapes internet with new wireless airwaves
The Federal Communications Commission announced a historic spectrum auction won by T-Mobile, Dish Network, Comcast and AT&T. T-Mobile led with about $8 billion and gains spectrum in most markets, while Comcast spent $1.7 billion. WWTO in Chicago will net $304 million, and New Jersey Public Broadcasting gets $332 million for relocating two stations.
MENTIONED IN THIS ARTICLE
T-Mobile
Dish Network
Comcast
At&t
Federal Communications Commission
U.S
John Legere
FCC
Craig Moffett
Moffett Nathanson
WWTO
New Jersey Public Broadcasting
Apple wins California permit to test self driving cars
Apple Inc has secured a California permit to test autonomous vehicles in three Lexus RX450h SUVs with six drivers. The move signals interest in autonomous tech rather than an immediate car launch, with Apple focusing on software and hardware for autonomous systems and machine learning.
MENTIONED IN THIS ARTICLE
Apple Inc
California
State Department of Motor Vehicles
Apple
Chris Theodore
Theodore and Associates
Ford Motor Co
Chrysler
Theodore
National Highway Traffic Safety Administration
Steve Kenner
NHTSA
Kenner
Tim Cook
Delta Raises Oversold Flight Compensation To 2000 Dollars
Delta Air Lines boosts payout to 2000 dollars for passengers giving up seats on overbooked flights and up to 9950 for managers, aiming to avert a United-style PR crisis after a chaotic oversell incident. The memo also advises agents on handling oversales and seeking non stop options, amid a broader response to recent service disruptions and a storm affecting operations.
MENTIONED IN THIS ARTICLE
Delta Air Lines
United
Bloomberg
David Dao
Dao
Delta
Anthony Black
Atlanta
Ed Bastian
J C Penney to Delay Closure of Iowa Stores to July 31
J C Penney will push back liquidation of 138 closing stores to July 31 including Decorah Fort Dodge Oskaloosa and Ottumwa locations while Cedar Rapids and Coralville stores remain unaffected. Spokesman Joey Thomas cited better than expected sales and traffic in closing stores and said continuing spring and summer promotions through liquidation helps. CNBC first reported the change.
MENTIONED IN THIS ARTICLE
J.C. Penney
Iowa
Decorah
Fort Dodge
Oskaloosa
Ottumwa
Joey Thomas
Thomas
CNBC
J.C. Penney’s
Cedar Rapids
Coralville
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