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.
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.
Electric vehicle industry insiders and watchers agree that the nascent business is entering 2021 with a lot of momentum but some uncertainty remains as the pandemic continues to rage now.
The Christmas Day bombing in downtown Nashville led to communications outages over hundreds of miles in the southern U.S., raising concerns about the vulnerability of U.S. networks.
Tech jobs are open, yet a strong, diverse group of potential workers are being overlooked.
Keeping people engaged during virtual meetings is essential for company success and productivity.
Federal officials are outlining new rules that will let operators fly small drones over people and at night.
Rob LoCascio, CEO of LivePerson, joined Cheddar to discuss the future of AI in customer service and e-commerce.
Movers+Shakers CEO and co-founder Evan Horowitz talked to Cheddar about how Generation Z looks for authenticity in brands on the TikTok platform.
SMBs are under attack, and these tips can keep the hackers at bay.
Since May of 2020, decentralized finance (DeFi) has seen a huge rise in assets and expansion. What will this mean for its users in 2021?
