Broadband in the u. S. And, ultimately, globally. We think its a really great big opportunity to do that. Host its been described as a disrupter. [laughter] guest no. And its not just but really the next frontier in wireless communication is [inaudible] and what that really means is youre looking at ten times, fifteen times the frequent i of cellular operator. The big advantage of that, it gives you a [inaudible] you can pump about a thousand times more data. And one of the first use of that makes sense in wireline broadband replacement. So theres a huge trend were looking at, you know, what are the opportunities of using [inaudible] now, these things have other limitations as well. For example, they dont go as far as cellular signals do, they dont penetrate buildings, they have difficulty of operating at these frequencies, but if you can figure your way around those things, theres a lot of fun to be had. Host have you figured out a way around that . Guest we think so, yeah. Host okay.
Host chaitanya chet kanojia, what are you showing people here . Its a new company. Its about bringing a competitive altern aive to wired broadband to the u. S. And globally we think there is a really great big opportunity to do that. What is the Technology Behind that . Its not just starry thats doing this but really the next frontier in wireless communication is this. You are look at 10, 15 times the frequency of cellular operations and the big advantage is it gives you a tremendous amount of bandwidth, you can pump many times more data. One of the first uses of that that makes sense is in wireless broadband. Were looking at what are the opportunities in using it. These things have other limitations as well. For example, they dont go as far as other signals do. They dont penetrate buildings. They have a difficulty of operating at these frequencies but if you can figure out the way around those things, its a lot of fun. Have you figured out a way around them . We think so. Okay. Can yo
Business investment drove these higher gdp readings. Hedge fund manager Philpott Cohen has resigned as chairman and ceo of harbinger group. He will be paid 40 million as part of his exit. It has been a roller coaster for fortunewho made a shorting subprime mortgages. Company to get hacked. The Computer Network was accessed in what may be a blackmail attempt with hacker threatening to release private data it demand were not met. A person familiar with the matter said it is being linked to a group called guardians of peace. And listen up, iphone users. Blackberry has a deal for you. If you trade in your iphone for a new blackberry passport, the company will give you 550, depending on your phones condition. This includes a prepaid gift card. The promotion starts next month and runs until february. Remember all of those comments from tech observers that apple had lost its ability to innovate, or that apple was losing its cool . It appears apple has had the last laugh for now. They briefly
Decision was the grand jurys to make. There are americans who agree and there are americans who are deeply disappointed and even angry. Its an understandable reaction. The president did not rule out owing to ferguson saying he needed to evaluate how the situation is evolving. Treasury secretary jack lew ss the proposal to extend tax breaks as a responsible. Lawmakers are discussing a package that would reduce the budget deficit with permanent tax breaks for businesses. Record 35face a million fine for not telling safety regulators about injuries involving its cars. More than 1700 claims are at issue in the number of injury claims came up during the investigation of faulty airbags. Weve got a story of Insider Trading that comes with the files of the at ei. And analyst at set itself told agence he made millions of dollars trading on information from an inside source at dell. Need to be analyst nor the dell employee were sued or prosecuted. People familiar with the matter say authorities
Tech companies. A federal judge says she will give final approval to apples settlement in the ebook pricefixing case. They will have to pay 450 million to as many as 23 million consumers. About 50 million of that is for lawyers fees. If its appeal is successful, it could be reduced to nothing. Fcc chairman tom wheeler dropped some hints on net neutrality. He says he wants to make sure that the new open internet rules are legally sound and will withstand challenges. He says he wants to write the rules quickly although the fcc has previously said the process will drag into next year. Turner broadcasting channels like cnn and Cartoon Network are back on the dish network, at least for the next few months. This comes after the Companies Reached an interim deal in their heated dispute. The shortterm agreement will keep the channels on dish while companies try to reach a longterm solution. Cory johnson has the lead story. Now to the lead president obamas plan for Immigration Reform was not th