Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC (Wall Street Journal)

Saturday June 07, 2025

Wall Street Journal:
Sources: EchoStar is considering filing for Chapter 11 bankruptcy to protect its valuable wireless spectrum licenses from potential revocation by the FCC  —  Telecom company is preparing for a possible chapter 11 as it faces FCC review of spectrum licenses  —  EchoStar is considering …

Read the full article at techmeme.com.

Sources: Musk's feud with Trump will complicate xAI's attempt to raise $5B in debt, and might increase lending costs or cause some lenders to walk away entirely (Eric Platt/Financial Times)

Saturday June 07, 2025

Eric Platt / Financial Times:
Sources: Musk's feud with Trump will complicate xAI's attempt to raise $5B in debt, and might increase lending costs or cause some lenders to walk away entirely  —  Bank was close to lining up $5bn for artificial intelligence group when US president and billionaire attacked each other

Read the full article at techmeme.com.

Researchers: cybercriminals are increasingly turning from "bulletproof" hosts to "residential proxies" that disguise malicious traffic as normal online activity (Lily Hay Newman/Wired)

Friday June 06, 2025

Lily Hay Newman / Wired:
Researchers: cybercriminals are increasingly turning from “bulletproof” hosts to “residential proxies” that disguise malicious traffic as normal online activity  —  In an effort to evade detection, cybercriminals are increasingly turning to “residential proxy” …

Read the full article at techmeme.com.

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An Indian government official says Starlink has secured a license from the telecom ministry to launch services in the country and now must apply for spectrum (Bloomberg)

Friday June 06, 2025

Bloomberg:
An Indian government official says Starlink has secured a license from the telecom ministry to launch services in the country and now must apply for spectrum  —  Elon Musk's Starlink Inc. has got regulatory approval in India, paving the way for rolling out its satellite internet services in the world's most-populous country.

Read the full article at techmeme.com.

Eric Trump says the TRUMP memecoin team and Magic Eden have canceled the $TRUMP Wallet; Trump's World Liberty Financial reportedly sent them a cease-and-desist (Jason Shubnell/The Block)

Friday June 06, 2025

Jason Shubnell / The Block:
Eric Trump says the TRUMP memecoin team and Magic Eden have canceled the $TRUMP Wallet; Trump's World Liberty Financial reportedly sent them a cease-and-desist  —  - Earlier this week, Magic Eden and the $TRUMP token project announced a forthcoming “official” wallet and trading app.

Read the full article at techmeme.com.
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