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LTD to FCC: We can do it | Light Reading


Top executives from LTD Broadband zoomed to Washington last week with a simple message: We can do it.
LTD looks forward to connecting rural Americans to its RDOF‐supported Gigabit fiber broadband network, the company wrote of its recent meeting with FCC officials. LTD can meet the high standards expected of RDOF winners, to the benefit of those in rural America that desire Gigabit service.
The meeting, conducted virtually on Friday, was an important one. It featured LTD CEO Corey Hauer and Haley Tollefson, LTD s director of government relations, meeting with Ramesh Nagarajan, legal advisor to Acting FCC Chairwoman Jessica Rosenworcel. And it centered on the FCC s Rural Digital Opportunity Fund. ....

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WiCipedia: Climate tech needs more women on its team


This week in our WiCipedia roundup: Women s role in climate tech; how Black women are affected by AI; Women in Tech s monumental pandemic growth; and more.
It s hard to pinpoint the percentage of climate tech workers who identify as female, but if the numbers are anything like the rest of tech, we need more. GreenBiz recently published an article explaining the
many unique reasons why we need more women (and other minorities) working in tech on climate change as well as spotlighting women who are already working hard to create change in the industry. The author states, When [women] start to earn more, [they] tend to reinvest that money into their families and communities – 90 percent of their earnings, as Project Drawdown explains, compared to 30 to 40 percent for men. ....

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Starved of chips, Huawei pivots to cars and software


Few people today would be aware of Nokia s 19th-century origins as the operator of a pulp mill in Tampere. The evolution of the Finnish firm into one of the world s biggest makers of telecom equipment has taken more than 150 years. Transformation could make one of China s largest pandas similarly unrecognizable in a much shorter period. Battered by US sanctions, Huawei is shedding its identity as a telecom hardware business.
The Chinese equipment giant aims to reinvent itself as a software company serving industries besides the telecom sector. It already boasts the number-two spot in the Chinese market for public cloud services and has established its young enterprise division as the company s growth engine. Enterprise sales last year were up 23%, to more than 100 billion Chinese yuan (US$15.3 billion), and account for more than 11% of the total. China s automotive sector is a prime target. ....

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Samsung, TSMC $130B plunge underlines the great chip divide


News Analysis
Robert Clark
4/5/2021
When it comes to semiconductor manufacturing, it s a contest between Samsung and TSMC.
The two firms have just have unveiled plans to invest a total of $130 billion, accounting for 43% of all semiconductor capital investment, according to research firm IC Insights. Tellingly, it s the highest proportion ever by the top two firms in the sector.
Samsung has been the biggest investor in chip manufacturing for the past decade, taking over from Intel, the leader going back to the early 1990s.
Intel has just unveiled a $20 billion plan to build two new plants in Arizona, but Samsung and TSMC are on a different level. ....

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Why Deliveroo's flopped IPO didn't deliver


It s being called the worst IPO in London s history.
Shares in the food delivery app Deliveroo closed 26% down on the day of its public listings debut, wiping £2 billion (US$2.75 billion) from its £7.6 billion ($10.5 billion) opening market capitalization.
Much of the blame was being laid at the feet of a disastrous roadshow, where its Goldman Sachs and JP Morgan advisors refused to name the three anchor investors who were based outside the UK.
British fund managers also were spooked by a dual-class share structure which gave its CEO Will Shu outsized voting rights 20 times those of other investors.
But the structure also meant Deliveroo didn t debut into the FTSE 100 index, meaning passive tracker funds buying shares in the index would pass over Deliveroo. ....

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