Justice Dept Approves Rockstar Consortium's Patent Grab
The U.S. Department of Justice today gave Rockstar Consortium the permission it needs in order to move ahead with its planned purchase of approximately 4,000 patents from the defunct Nortel. The consortium, which includes Apple, Microsoft, RIM, Ericsson, and Sony, said it would buy the patents for $4.5. billion, with Apple contributing the lion's share of the purchase price at $2.6 billion. The patent portfolio consists of assets related to a broad array of networking, communications, and internet technologies.
Aug 27, 2019
Sprint today launched 5G service in four new cities, and launched one new 5G phone: The OnePlus 7 Pro 5G, available starting today. In New York City, 5G covers 1.7 million people, and parts of Manhattan from Central Park to the southern tip.
Apr 16, 2019
Justice department staff reviewing the proposed merger between T-Mobile US and Sprint have informed the two companies that they're disinclined to approve the merger as currently proposed, on antitrust grounds, according to the Wall Street Journal. The $26 billion deal would reduce competition and likely lead to lost jobs in the long run, although T-Mobile and Sprint claim otherwise.
Nov 12, 2020
TikTok will remain available and in business in the US for now, as the Commerce Department finally announced today that it will not enforce the order — that was set to go into effect today — which would have effectively shut down the app in the US. The new deadline from the Commerce Department is November 27th.
Dec 18, 2018
Several government agencies have given T-Mobile and Sprint the approval they need to move forward with their merger plans. The Committee on Foreign Investment in the United States, the Department of Defense, the Department of Homeland Security, and the Department of Justice have all agreed to the deal, valued at $26.5 billion.
Sep 21, 2020
Popular Chinese-owned apps WeChat and TikTok narrowly avoided a US government ban on new downloads Sunday night. On Friday, President Trump directed the US Department of Commerce to issue a ban on US companies (including Apple and Google) facilitating downloads of — or updates to — the WeChat and TikTok apps specifically, citing national security concerns.