Apr 14, 2017

Verizon weighs bidding war with AT&T for Straight Path

Mel Evans / AP

Verizon is considering topping AT&T's bid to acquire Straight Path Communications, a small Virginia-based firm, per Reuters. Straight Path said in a regulatory filing that another party is evaluating making a higher offer.

Why is Straight Path suddenly so popular? Because it holds a large amount of millimeter wave spectrum that the FCC has cleared for use in 5G networks — and AT&T and Verizon both have big 5G ambitions.

Go deeper

The new not-normal: The Trump state

Photo Illustration: Eniola Odetunde/Axios. Photos: Chris Graythen/Getty Images

Donald Trump changed how to run for president. Next, he changed the Republican Party. Now, he’s changing the presidency and the boundaries of executive power. 

In the past week, Trump has purged internal dissenters, imported loyalists, pardoned political and financial criminals and continued a running commentary on live Justice Department criminal cases — despite an unprecedented public brushback from his attorney general.

Bloomberg's rough debut

Photo: John Locher/AP

Mike Bloomberg was booed during his debut debate as a Democratic presidential candidate — indicative of a rusty outing where the former New York mayor looked unprepared to respond to obvious lines of attack.

Why it matters ... The debate underscored the Bloomberg’s campaign biggest fear: It's hard to hide to his prickly demeanor. Bloomberg had all the time, practice and forewarning money could buy — and still struggled mightily on the public stage. 

Jeff Bezos writes a short climate mystery

Bezos announces the co-founding of an earlier initiative, The Climate Pledge, in September. Photo: Paul Morigi/Getty Images for Amazon

The most striking thing about Jeff Bezos' new climate philanthropy is the size. A close second is the information void about what it will actually do.

Catch up fast: The Amazon founder on Monday announced a $10 billion fund to help scientists, nonprofits and activists — and then dropped the mic.