FCC Delays AWS Auction
May 19, 2006, 7:10 PM by (staff)
Five weeks before the the FCC was expected begin selling 1122 wireless licenses, the agency has delayed the auction until August 9. The FCC claims that bidders needed more time to prepare for the auction. This is possible as entrants like Leap have said they need to sell off stock to raise money for the auction. However it is also possible the delay is designed to give the FCC time to negotiate, or fight, with companies upset over changes to the designated entity rules. Three small companies have threatened to sue over the changes, despite the fact that the changes were designed to aid small carriers and network providers. Large carriers, which the designated entity changes will hit hardest, are siding with the FCC's new rules and want the auction to begin as soon as possible.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Jul 23, 2020
Samsung Pay users can now sign up for Samsung Money in the new Money tab of the Samsung Pay app. Samsung Money is a debit card linked to a dedicated cash management account (similar to a checking account).
Apr 1, 2020
T-Mobile has officially completed its merger with Sprint. For the moment, the merger has little effect on customers, but "Sprint" lives only as a brand of T-Mobile, not a separate company.
Mar 31, 2021
Utah has launched a pilot program for mobile driver's licenses (mDL) based on the international mDL standard. The pilot will expand to 10,000 participants this year, including the broader public starting June 1.
Nov 18, 2020
Google today launched a major revamp of its Google Pay app with a new interface and several major new features. Instead of a stack of cards and list of transactions, the new interface centers around the people and businesses you exchange money with, with a conversation-style interface for each person, group, and business.
Who is suing and why?