Axios recently published a National Security Council memo considering the possibility of a national 5G network. Since that report was published Sunday, the Trump administration responded saying it has no current plans to nationalize a 5G network, according to Recode. Axios Chief Technology Correspondent Ina Fried, and The Verge Reporter Chaim Gartenberg explain what a 5G network would look like.
Fried says this would be massive, and unprecedented. "Building a 5G network takes years, it takes lots of planning," said Fried. "The whole industry is moving towards 5G very slowly and methodically. So the idea of anyone just coming in and doing it, let alone the government would be a massively bid deal."
This could greatly impact business competition among telecommunication companies explains Gartenberg. "It would mean dramatically decreased competition in terms of cell phone bills," said Gartenberg. "We never really had anything like this."
On Monday FCC Chairman Ajit Pai tweeted in opposition of this deal. Axios reports all five FCC commissioners are united against 5G nationalization.
Charged up by strong sales of its electric cars and SUVs, Tesla has reported its seventh-straight profitable quarter.
Jill and Carlo talk about optimism on the pandemic and economy, a big demographic shift that will have implications for the midterms, Apple rolling out its new privacy tool, and the Oscars ratings.
The charitable arm of San Francisco-based technology giant Cisco Systems has pledged to invest $100 million over the next decade to help reverse the impact of climate change.
Apple plans to invest more than $1 billion in North Carolina to build the company’s first East Coast campus.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
A growing coalition of private companies, nonprofits, and the federal government are pushing for a more unified approach towards COVID vaccination credentialing.
SpaceX launched four astronauts into orbit Friday using a recycled rocket and capsule, the third crew flight in less than a year for Elon Musk’s rapidly expanding company.
Maryland-based cannabis grower Culta talks sustainability as the world celebrates Earth Day. Cheddar's Chloe Aiello reports.
NASA's little Mars helicopter has aced its second test flight.
Affirm, a pioneer of the buy now, pay later model, has acquired Returnly, which specializes in making online returns more seamless.
