Stories by Kim Hart

The battle over 5G deployment in America's cities

The fate of the national race to build 5G wireless service depends on how effectively the guts of the network — namely, hundreds of thousands of bulky antennas — are placed in cities.

Why it matters: While global tensions mount over pressure to build 5G networks as fast as possible, U.S. cities are in a fight of their own with telecom carriers and federal regulators over how new 5G antennas — or small cells — will be scattered throughout downtowns and neighborhoods.

Venture capital slowly seeps outside of Silicon Valley

Adapted from Pitchbook; Chart: Axios Visuals

Venture capital investment is seeping out from Silicon Valley to the rest of the country, but the West Coast still dominates the market by a wide margin.

Why it matters: Venture capital investment can play a crucial role in building fast-growing, tech-based economies like those of the Bay Area, Seattle, Austin, New York and Boston. But VC investors don't typically stray outside those markets to look for the next big thing.

Microsoft adds $250 million to Seattle affordable housing investment

Illustration of a teacher's hand drawing a house on a blackboard
Illustration: Sarah Grillo/Axios

One year ago, Microsoft announced it would invest $500 million to address the affordable housing crisis in Seattle. Today, it announced an additional $250 million in the form of a line of credit to the Washington State Housing Finance Commission.

Why it matters: The additional allocation brings Microsoft's total investment to $750 million, deepening its role in its hometown as part financier, part philanthropist in trying to lessen the low- and middle-wage housing shortage plaguing many tech hubs around the country.