Category: PMN Technology

May 30

US agency says 8.3 mln homes, businesses lack access to high-speed broadband

Article content WASHINGTON — More than 8.3 million U.S. homes and businesses lack access to high-speed broadband internet, the Federal Communications Commission said Tuesday in unveiling its revised national broadband access map. The FCC said it has increased its estimates of homes and businesses without access by nearly 330,000 locations. The data is crucial for […]
May 25

Senators urge Commerce to prioritize national security in chips funding

Article content WASHINGTON — Two key U.S. senators said on Thursday they want the Commerce Department to prioritize national and economic decisions in awarding $39 billion in semiconductor manufacturing subsidies rather than using the funds to aid ailing companies. Senate Intelligence Committee chair Mark Warner and Republican Senator John Cornyn said in a letter the […]
May 23

Safeguarding economy a key priority, Dutch foreign minister says in China

Article content BEIJING — Safeguarding the Dutch economy and cyberspace is a key priority for the Netherlands, Deputy Prime Minister and Foreign Minister Wopke Hoekstra said in China on Tuesday as Western governments adopt an increasingly defensive stance towards Beijing. Hoekstra was the first Dutch minister to visit China since the world’s second-largest economy reopened […]
May 22

Biden to nominate Democrat for key seat on US telecom regulator -sources

Article content WASHINGTON — President Joe Biden on Monday will announce he plans to nominate attorney Anna Gomez for a key fifth seat on the U.S. Federal Communications Commission (FCC), after Democrats had been stymied since 2021 from getting a majority on the five-member telecommunications regulator, sources told Reuters. Gomez, a Democratic telecommunications attorney, currently […]
May 14

Wall St Week Ahead-Amid banking woes, faltering US small-caps offer ominous economic sign

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Reuters Lewis Krauskopf Published May 14, 2023  •  3 minute read Join the conversation Article content NEW YORK — A U.S. stocks rally is leaving behind smaller companies, a sign that investors may be bracing for economic turmoil ahead. The small-cap Russell 2000 is […]
May 8

Crypto stocks drop after Binance halts bitcoin withdrawals for hours

Article content Shares of cryptocurrency- and blockchain-related companies fell in early trading hours on Monday after Binance halted its bitcoin withdrawals for several hours due to heavy volumes and rising processing fees. The halts pushed bitcoin, the world’s biggest cryptocurrency, down 2% to a one-week low of $27,900. Article content Crypto exchange Coinbase Inc fell […]