Telecom

Four states receive first allocations of $10B broadband fund

More than half a billion dollars in federal funding will be sent to four U.S. states to expand broadband access as part of a sweeping national effort to bring affordable service to rural and low-income Americans, the U.S. ...

Business

Winner of $1.3 billion in broadband funds faces big hurdles

The big winner in a 2020 federal auction to build more broadband in rural America was a relatively small company started by a Minnesota entrepreneur. Since then, not much has gone right for the firm or the people waiting ...

Business

Musk found not liable in Tesla tweet trial

Jurors on Friday cleared Elon Musk of liability for investors' losses in a fraud trial over his 2018 tweets falsely claiming that he had funding in place to take Tesla private.

Business

Advertising slump during virus crisis hits media jobs

Media redundancies, partial layoffs and managerial wage cuts are on the rise as advertising markets implode, despite customers showing an ever stronger appetite for information on the coronavirus crisis.

Business

Commerce Department launches applications for microchip funding

The U.S. Commerce Department opened applications Tuesday for $39 billion in funding for semiconductor chip manufacturing, kicking off unprecedented federal spending in the tiny component that's crucial for modern technology ...

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