Apple will spend $400 million on affordable housing this year

This year, Apple will spend more than $400 million on affordable housing projects and first-time homebuyer assistance programs in California. The investment is part of Apple’s multi-year $2.5 billion pledge to combat California’s housing crisis.With...

Lime now owns Uber’s Jump bike and scooter service

With most people social distancing and working from home, ride sharing services have seen dramatically less usage. The Information reported last month that Uber’s bookings are down 80 percent, and on Wednesday the company announced it will lay off 3,...

FCC approves $200 million plan to fund COVID-19 telehealth services

The FCC has approved $200 million in telehealth funding for healthcare providers responding to the coronavirus pandemic. With federal funding made available through the CARES Act, the COVID-19 Telehealth Program will help providers pay for the broadb...

FCC outlines $200 million COVID-19 telehealth plan

Today, the FCC announced a few additional measures to help the US during the coronavirus pandemic. Chairman Ajit Pai shared plans for a $200 million COVID-19 Telehealth Program, which would equip healthcare providers with the broadband connectivity a...

Facebook pledges $100 million to support journalism during coronavirus crisis

Facebook has already taken a number of measures to help the global effort against the spread of the coronavirus, most recently by opening up its Messenger platform to governments, and in announcing plans to invest $100 million in small businesses aro...

Trump’s next budget could give NASA a huge funding windfall

If NASA is going to fulfill its goal of returning to the Moon by 2024, it's going to need a lot of money in very short order -- and that might be forthcoming. The Trump administration is proposing one of the largest NASA budgets in years as part of i...

FCC commits $20.4 billion to help close the rural digital divide

Over the next 10 years, the Federal Communications Commission (FCC) will spend $20.4 billion to bring high-speed broadband internet to underserved rural America. "This is the biggest step we've taken to close the digital divide," FCC Chairman Ajit Pa...

Twitter will fund development of an open social media standard

Twitter is funding a team to develop an open and decentralized standard for social media. CEO Jack Dorsey announced the effort, called Bluesky, today. In a series of tweets, Dorsey said Twitter will fund a "small independent team" of up to five open...