Verizon and AT&T delay crucial 5G expansion over aircraft interference concerns

This post was originally published on this site

Illustration by Alex Castro / The Verge

Verizon and AT&T are delaying the rollout of their wider 5G networks after the Federal Aviation Administration warned that the new wireless technology could interfere with the safety systems of some aircraft, The Wall Street Journal reports.

The two companies planned to light up new 5G networks that use so-called “C-band” frequencies on December 5th. That rollout will now be delayed until at least January 5th, the companies said Thursday.

Verizon and AT&T still currently offer ultra-fast 5G connectivity in specific areas using high-band millimeter-wave technology and much slower 5G over low-band frequencies. But the two companies have been banking on using the C-band — which covers midrange frequencies with good-to-great speed — to…

Continue reading…

Donald Trump’s new social media SPAC, explained

This post was originally published on this site

Trump talks on a phone
Photo by Shealah Craighead / The White House

In his latest attempt to return to the social media spotlight, Donald Trump is now turning to a current darling of the startup world: the special purpose acquisition company, or SPAC.

Trump announced Wednesday night that he has a new company called Trump Media & Technology Group (TMTG) and that he would be merging this new company with a SPAC called Digital World Acquisition Company (DWAC). If completed, the deal would turn Trump’s new media company into one that’s publicly traded on the Nasdaq. And it would give TMTG enough money to get a new Twitter clone off the ground called “Truth.”

The surprise deal is already turning DWAC into a meme stock, and it raises a fair number of questions.

Wait, what’s a SPAC?

Briefly, SPACs are shell…

Continue reading…