Huawei Technologies may counter efforts to limit its US presence by pushing for more licensing fees on technology the Chinese vendor has patented, Ren Zhengfei warned. The company, which has reportedly demanded $1 billion worth of royalties from Verizon, has patents on technology being used by US-based third parties.
USTelecom and a consortium of individual broadband companies have launched a proof-of-concept mapping model in Virginia and Missouri to more accurately map broadband deployment nationwide. "If we map only where broadband is, we have no idea where broadband isn't. We don't know physically where the unserved locations are," USTelecom's Mike Saperstein said in a webcast.
Vermont enacted legislation aimed at encouraging the building of broadband efforts in rural parts of the state while Ohio took a step toward encouraging investment in fiber-optic networks. Ohio issued a request for information that could eventually lead to the state opening rights-of-way to providers if they agreed to bring broadband services to underserved parts of the state.
Lawmakers in the US House of Representatives have approved a proposal to increase the Corporation for Public Broadcasting's funding by $50 million in 2022, the first time in ten years that lawmakers have proposed more funds for public broadcasting. The CPB and America's Public Television Stations have both released statements thanking lawmakers for their support.
A group of journalists who have all recently lost their jobs are launching the "Save Journalism Project" -- a campaign aimed at educating lawmakers and the public on how companies like Facebook and Google are hurting the news industry. Lawmakers are currently considering legislation that would allow news organizations to bargain as a single unit with tech companies for increases in their online ad revenue.
President Donald Trump will appear on NBC's "Meet the Press" -- a program he has repeatedly criticized on Twitter for its alleged bias against him -- for the first time during his presidency this Sunday. Trump previously appeared on the show during his 2016 campaign for president.
Starz has gone on a buying spree, purchasing six films, documentaries and drama series. Among them are the eight-episode BBC Two drama, "MotherFatherSon" with Richard Gere, and "Drunk Parents," a feature film starring Salma Hayek and Alec Baldwin.
Quibi has sold two-thirds of the advertising inventory for its first year in deals with six companies, totaling $100 million worth of upfront purchases, said Meg Whitman, CEO of the short-form mobile video service. Whitman added that she expects roughly 75% of Quibi subscribers to choose the $4.99 ad-supported option rather than the $7.99 ad-free tier.
Verizon executives offered analysts an overview of what CEO Hans Vestberg termed the telecom's "transformation" to Verizon 2.0, which included dividing the company's operating units into three groups: consumer, business and media. "It's far wider than a reorg what we're doing right now," Vestberg said.