FCC says 62 bidders advance in spectrum auction | | WASHINGTON (Reuters) - The U.S. Federal Communications Commission said on Friday that 62 bidders have made upfront payments in a forthcoming wireless spectrum auction including AT&T Inc, Verizon Communications Inc, Dish Network, T-Mobile US and Comcast Corp. | | Japanese chat app Line soars in New York-Tokyo dual listing | | TOKYO (Reuters) - Japan's Line Corp saw its shares rocket on their Tokyo debut on Friday, extending a strong start in New York the day before, and taking the value of the messaging app firm to $8.6 billion in the year's biggest tech IPO. | | Tencent in deal with China's leading music streaming firm to combine music services | | HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd will take a majority stake in a new venture with leading music-streaming company China Music Corporation that combines their digital music businesses. Financial terms were not disclosed but a person with knowledge of the matter said the new company would be valued at about $6 billion. The person declined to be identified as the information has not been made public. | | U.S. regulators pave way for speedy next-generation 5G networks | | WASHINGTON (Reuters) - U.S. regulators on Thursday paved the way for a lightning-fast next generation of wireless services in a move that made the United States the first country to set aside an ample amount of airwaves for so-called 5G wireless applications and networks. | | | | | | | | Related Video | | | | | | | | | Mediafile | | | | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | A quick-fix on the day's news delivered when you want it. Register Today | | | | » » MORE NEWSLETTERS | | |
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