Ajit Pai wants to raise rural broadband speeds from 10Mbps to 25Mbps

Enlarge (credit: Steve Johnson / Flickr) The Federal Communications Commission is planning to raise the rural broadband standard from 10Mbps to 25Mbps in a move that would require faster Internet speeds in certain government-subsidized networks. The FCC’s Connect America Fund (CAF) distributes more than $ 1.5 billion a year to AT&T, CenturyLink, and other carriers […]

Muslims raise over $50k for victims of Pittsburgh synagogue shooting

The Muslim-American community has raised more than $ 50,000 for the victims of the Pittsburgh synagogue shooting that left at least 11 people dead and six injured. The ‘Muslims Unite for Pittsburgh Synagogue’ campaign, hosted by the Muslim crowdfunding site LaunchGood, aimed to raise funds to support the shooting victims with funeral expenses and medical […]

Dems Raise Record Amount, Bagging a 96.6 Percent Chance of Retaking the House

Like a rolling thunder, the fundraising reports delivered a loud statement for Democratic House contenders: Sharice Davids in Kansas with $ 2.7 million, Lauren Underwood in Illinois had $ 1.9 million, Leslie Cockburn in Virginia with $ 2.4 million, and on and on. The wide campaign cash advantage means Democrats now have a 96.6 percent […]

It looks like the Chinese Navy has a new bomber, and its arsenal of anti-ship missiles could raise the stakes in contested seas

REUTERS/China Daily Satellite images from September 7 suggest that the Chinese Navy has acquired a new strategic bomber, increasing the amount of power China could bring to a potential conflict. The new planes, presumably Xian H-6J bombers, would presumably replace the older H-6G maritime striker bombers, as the new aircraft are thought to carry additional […]

Costco exec says the company still pays better than any rival following Amazon’s decision to raise wages to $15 per hour (COST)

Tim Boyle / Getty Images Costco is unconcerned about losing potential employees to Amazon despite the e-commerce giant’s higher minimum wage. CFO Richard Galanti said that Costco’s average pay still “dwarfs any other retail or retail-type entity out there” in a call with investors on Thursday.  According to Galanti, Costco workers make an average of […]

Hidden fees that raise price of broadband would be banned by proposed law

Enlarge / Bill shock. (credit: Getty Images | Biddiboo) US Rep. Anna Eshoo (D-Calif.) today introduced legislation that would require telecom companies to include all charges in their advertised prices, potentially ending the practice of advertising low prices and then socking customers with loads of extra fees. The bill would also force telecom companies to […]

Someone launched a ‘Save Elon’ online store selling tote bags and bathing suits to raise money for Elon Musk after the SEC sued him

Max Whittaker/Getty Images Someone launched a website selling merchandise to raise money for Tesla CEO Elon Musk after he was sued by the SEC. The Shopify store sells tote bags, bathing suits, T-shirts and coffee mugs all with the goal to “Save Elon from the SEC.” The SEC filed charges against Musk on Thursday alleging […]

Wall Street’s convinced Tesla will need to raise more cash, and has some theories about how and when that may happen (TSLA)

Mark Brake/Getty Wall Street’s convinced Tesla will need to raise more cash, and has some theories about how and when that may happen Morgan Stanley says that in addition to a capital raise in 2018, Elon Musk may also need an outside partner for more financing.  Wall Street remains doubtful that Tesla will go through the […]