Breaking News: Technology
Google sells partial stake in fiber business, becomes minority owner of new venture
A technician gets cabling out of his truck to install Google Fiber. George Frey | Reuters Google said its fiber internet unit called GFiber is combining with Astound Broadband and forming an independent provider, with Google remaining as a minority shareholder. The new company will be majority owned by investment firm Stonepeak and led by […]
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FCC chair slams Amazon for slow satellite launches after it opposed SpaceX data center plan
FCC Chairman Brendan Carr testifies during the House Energy and Commerce Subcommittee on Communications and Technology hearing titled “Oversight of the Federal Communications Commission,” in Rayburn building on Wednesday, January 14, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images Federal Communications Commission Chairman Brendan Carr lashed out at Amazon on Wednesday for opposing […]
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Oracle’s TikTok stake sits at just over $2 billion, filing shows
Sopa Images | Lightrocket | Getty Images Almost two months after TikTok’s U.S. operations officially landed in the hands of a group of investors, Oracle disclosed its stake in the joint venture at roughly $2 billion. In its quarterly financial filing on Wednesday, Oracle said it recorded “non-marketable debt investments and equity securities and related […]
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Microsoft plans to ship prototype of next Xbox console to developers in 2027
Fairgoers play at the Xbox booth at the Cologne Trade Fair Center during the opening day of Gamescom 2025 in Cologne, Germany, on August 20, 2025. Ying Tang | Nurphoto | Getty Images Microsoft said Wednesday that it will send video game developers prototypes of its next-generation Xbox console in 2027, as the company tries […]
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Oracle stock spikes 12% as strong Q3 earnings answer Wall Street AI buildout concerns
A trader on the floor of the New York Stock Exchange on April 10, 2025. NYSE Oracle shares rose 12% Wednesday after the company posted robust third-quarter earnings and assured analysts that the company does not plan to raise any additional debt in 2026 beyond what was already announced. “Investing in AI infrastructure is capital-intensive, […]
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