SYDNEY (Reuters) – Australia will force American tech giants Facebook Inc (FB.O) and Alphabet Inc (GOOGL.O) Google will pay Australian media for news content in a landmark move to protect independent journalism that will be seen around the world. FILE PHOTO: The Facebook symbol is seen on a motherboard in …
Read More »CBRS auction starts strong, with high demand in first round
The FCC wrapped up the first round of the 3.5 GHz spectrum auction on Thursday, with 271 qualified bidders and strong demand. Gross proceeds to round 1 at Auction 105 totaled $ 357,344,200. Many more bidding rounds are expected in the coming weeks. The large number of bidders had indicated …
Read More »Bitcoin complies with banking as the US bank regulator allows for the safekeeping of cryptocurrencies
The relationship between banks and cryptocurrency in the United States has been as complicated as the concept of “money” itself. But today’s interpretive letter from the Office of the Comptroller of the Currency (OCC) may be changing all that. The OCC serves to establish, regulate and supervise national banks. Today’s …
Read More »Banks too big to fail are mostly a thing of the past, regulators say
LONDON (Reuters) – Reforms to the global financial system following the banking crisis of a decade ago have reduced the risk that taxpayers will have to bail out lenders again, but some gaps have yet to be closed, the Board of Directors said Sunday. Financial Stability (FSB). FILE PHOTO: Office …
Read More »