On the same day that Apple unveiled its new 5G iPhones, Verizon announced its own 5G high-speed internet news. The company is expanding its 5G coverage nationwide and says it will be available to more than 200 million people.
"The pandemic has changed the way people think about technology and particularly think about connectivity," Verizon Consumer Group CEO Ronan Dunne told Cheddar. "They understand how important reliable technology is."
Bases for 5G networks are often hyperlocal, down to city blocks. Verizon concentrates its 5G on busy areas like stadiums, but in the pandemic those stadiums are standing empty. Dunne said the capability will expand. "In many respects, the experience we've been launching, and the capabilities that we're delivering in the stadiums, also has the opportunity to transport people from the stadium to get an in-home experience or on-the-go experience that's more immersive as a fan."
Dunne said it was a "massive statement" that Apple decided to include 5G in its new line of iPhones, but the new devices will still come with a significant price tag. Pricing starts at $399 and quickly climbs to more than $1,099, depending on the model and how much storage you want. So if 5G isn't necessarily available everywhere, is it worth the upgrade? According to Dunne, when you're looking for an upgrade, it's about more features than just 5G.
"The latest devices have the best chip sets in them and the best capabilities," he said. "They've also got better battery life, better cameras. So there's great reasons for people to come in and consider whether now is a great time to upgrade."
He did admit you might not need 5G, but the perks can be pretty great. "Think about either returning to a stadium and you being the only one who can upload 4K live streaming from the event to tell your friends or the fact that you can be out and about and still get deep, immersive 360 video available [to you through] the NFL app ."
There are also uses for 5G beyond posting the best Instagram story. Dunne noted that this capability can be used in telemedicine to treat patients, help first responders, and even has uses in education. "We really see the opportunities to stretch the envelope to make sure that this is the most inclusive generation of technology ever."
Nvidia reported a 56% increase in second-quarter revenue and a 59% rise in net income compared to a year ago.
The Rev. Al Sharpton is set to lead a protest march on Wall Street to urge corporate America to resist the Trump administration’s campaign to roll back diversity, equity and inclusion initiatives. The New York civil rights leader will join clergy, labor and community leaders Thursday in a demonstration through Manhattan’s Financial District that’s timed with the anniversary of the Civil Rights-era March on Washington in 1963. Sharpton called DEI the “civil rights fight of our generation." He and other Black leaders have called for boycotting American retailers that scaled backed policies and programs aimed at bolstering diversity and reducing discrimination in their ranks.
President Donald Trump's administration last month awarded a $1.2 billion contract to build and operate what's expected to become the nation’s largest immigration detention complex to a tiny Virginia firm with no experience running correction facilities.
Netflix CEO Ted Sarandos claims audiences don't want to watch Netflix movies in theaters, but that seems not to be the case recently.
Chipmaker Nvidia is poised to release a quarterly report that could provide a better sense of whether the stock market has been riding an overhyped artificial intelligence bubble or is being propelled by a technological boom that’s still gathering momentum.
Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize.
Low-value imports are losing their duty-free status in the U.S. this week as part of President Donald Trump's agenda for making the nation less dependent on foreign goods. A widely used customs exemption for international shipments worth $800 or less is set to end starting on Friday. Trump already ended the “de minimis” rule for inexpensive items sent from China and Hong Kong, but having to pay import taxes on small parcels from everywhere else likely will be a big change for some small businesses and online shoppers. Purchases that previously entered the U.S. without needing to clear customs will be subject to the origin country’s tariff rate, which can range from 10% to 50%.
Southwest Airlines will soon require plus-size travelers to pay for an extra seat in advance if they can't fit within the armrests of one seat. This change is part of several updates the airline is making. The new rule starts on Jan. 27, the same day Southwest begins assigning seats. Currently, plus-size passengers can pay for an extra seat in advance and later get a refund, or request a free extra seat at the airport. Under the new policy, refunds are still possible but not guaranteed. Southwest said in a statement it is updating policies to prepare for assigned seating next year.
Cracker Barrel is sticking with its new logo. For now. But the chain is also apologizing to fans who were angered when the change was announced last week.
Elon Musk on Monday targeted Apple and OpenAI in an antitrust lawsuit alleging that the iPhone maker and the ChatGPT maker are teaming up to thwart competition in artificial intelligence.
