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Verizon trumps AT&T to buy spectrum holder Straight Path

Verizon trumps AT&T to buy spectrum holder Straight Path
Written by Louis Downey on 2017-05-11


Verizon Communications Inc (VZ.N) snapped up wireless spectrum holder Straight Path Communications Inc (STRP.A) in a $3.1 billion deal, trumping rival AT&T's (T.N) offer and potentially gaining an advantage in a race to build 5G networks.The $184 per share all-stock offer represents a discount of 17.8 percent to Straight Path's close on Wednesday and an equity value of $2.3 billion. The stock had...(Read More)

Git Essentials

Git Essentials
Written by Bryan Clary on 2017-05-11


This chapter introduces you to Git, including how to install the necessary software to access Git servers where your software project will be stored.To understand Git and the concept of version control, looking at version control from an historical perspective is helpful. There have been three generations of version control software.The first generation was very simple. Developers worked on the same...(Read More)

FCC chairman wants to cut regulations, speed new innovation approvals

FCC chairman wants to cut regulations, speed new innovation approvals
Written by Reuters on 2017-05-07


WASHINGTON The head of the Federal Communications Commission, Ajit Pai, said on Friday that the agency is continuing a sweeping regulatory review, keen to adapt rules to the digital age and get rid of rules that he said are barriers to business.The review builds on the FCC's efforts in the first 100 days of the Trump administration to dismantle several significant regulations.Pai said the FCC is...(Read More)

Australian media shakeup could provide huge M&A opportunity

Australian media shakeup could provide huge M&A opportunity
Written by Reuters on 2017-05-07


SYDNEY Australia proposed scrapping media ownership restraints on Saturday which could raise huge interest among moguls looking for acquisitions, especially in its ailing, third-largest free-to-air television network, Ten Network Holdings (TEN.AX).Federal Communications Minister Mitch Fifield told reporters that restraints on media asset ownership would go under the new proposals that have to be...(Read More)

FBI warns of surge in wire-transfer fraud via spoofed emails

FBI warns of surge in wire-transfer fraud via spoofed emails
Written by Reuters on 2017-05-08


Attempts at cyber wire fraud globally, via emails purporting to be from trusted business associates, surged in the last seven months of 2016, the U.S. Federal Bureau of Investigation said in a warning to businesses.Fraudsters sought to steal $5.3 billion through schemes known as business email compromise from October 2013 through December, the FBI said in a report released Thursday by its Internet...(Read More)

Mexican engineers flood Tesla hiring event in Monterrey

Mexican engineers flood Tesla hiring event in Monterrey
Written by Reuters on 2017-05-08


MONTERREY, Mexico Engineers from across Mexico streamed into a cramped hotel lobby in the industrial city of Monterrey for a chance of a job with the U.S. electric vehicle maker Tesla Inc (TSLA.O), which is looking south of the border for talent in short supply at home. The fair was held at a delicate time for American firms hiring abroad as President Donald Trump reviews immigration rules for bringing...(Read More)

Dell combines venture capital units after EMC merger

Dell combines venture capital units after EMC merger
Written by Reuters on 2017-05-09


SAN FRANCISCO Dell Technologies Inc said on Monday it has combined the venture capital operations from its two predecessor companies, computer maker Dell Inc and data storage firm EMC Corp, and said it plans to invest about $100 million a year in startups. Dell also revealed a portfolio of 70 existing and prior investments made by both operations, some of which, like Arista Networks Inc, which went...(Read More)

FCC website hit by attacks after

FCC website hit by attacks after 'net neutrality' proposal
Written by Reuters on 2017-05-09


WASHINGTON The U.S. Federal Communications Commission said Monday that its website was hit by deliberate denial of service attacks after the telecommunications regulator was criticized by comedian John Oliver for its plan to reverse "net neutrality" rules.The attacks came soon after Oliver on Sunday urged viewers to file electronic comments with the FCC opposing the plan unveiled by FCC Chairman...(Read More)

Micro Focus shares hit by weak update at software business it is buying

Micro Focus shares hit by weak update at software business it is buying
Written by Reuters on 2017-05-09


LONDON Shares in British tech firm Micro Focus plunged on Tuesday after revenues at Hewlett-Packard Enterprise's software business, which it is buying, fell in the last quarter. Micro Focus, which specializes in maintaining and upgrading older software systems, said revenues at HPE's software business fell around 10 percent in the last quarter, which it said was disappointing but not unusual given...(Read More)


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