Apple is joining Google and Amazon in a race to control smart-home networks by partnering with builders on test houses to hook iPads and iPhones up to web-connected appliances. The company is betting that consumers will be more likely to pay for smart wireless devices when contractors build them into the furnishings as they do marble-tiled bathrooms, a report states.
Repairing broken phones for at least four years after manufacture is cost-effective and has a positive environmental impact, according to a Green Alliance report. Using cellphones for an extra year can cut carbon emission impacts by one-third and can reduce the rate at which phones end up in landfills, the report says.
The Federal Communications Commission closed down the latest stage of its wireless spectrum auction following a single round Wednesday after carriers bid just $21.5 billion on the 90 MHz of spectrum up for grabs, far short of the $54 billion that TV stations had requested. The FCC will now lower the spectrum offering to 80 MHz (excluding guard bands) and return to square one by reducing the number of licenses broadcasters can sell.
Facebook founder Mark Zuckerberg named Amazon executive Brian Pinkerton to provide technical support for a massive philanthropic effort launched by he and his wife. Zuckerberg and Priscilla Chan have said they will donate all their wealth to charity, starting with a massive investment in health care research in San Francisco.
The US cellphone repair industry has become a $4 billion industry, according to an IBISWorld report. "Maybe in another 10 years some new technology will replace smartphones," said Akshay Joshi, a partner in a Cell Fix kiosk, adding, "Then maybe there will be something else to repair."
Sprint on Wednesday moved to raise an additional $3.5 billion to pare debt by using its wireless spectrum licenses as collateral in a sale and leaseback maneuver. "This is a great short-term solution, they are on the right path, but they are going to need to generate cash flow to pay off these debts," Gimme Credit analyst Dave Novosel said.
Trustworthy leadership does more to keep employees satisfied than pay and perks do, research from consulting firm Great Place to Work indicates. The research shows that employees "are 10 times more likely to call their workplace great when they say their leaders are honest and ethical," write Kim Peters and Ann Nadeau of Great Place to Work.
ETech Parts Plus, which has changed its name from its original eTech Parts, has added a lifetime warranty on all parts purchased and live technical support to help customers diagnose problems with mobile devices. The company was acquired by a private equity group on Sept. 28 and celebrated a grand reopening this week.
Clients should assess their cybersecurity risks by asking financial advisers where they store data during and after the relationship and why they need requested personal information, and they should use email as little as possible for sensitive information, experts say.
Competitive carriers would suffer cash flow drains along with incumbent providers under the Federal Communications Commission's proposed reforms to business data services, a study from the Georgetown Center for Business and Public Policy asserts. The report asserts that competitive carriers would be forced to lower prices along with incumbents.
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