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FCC pledges $524 million to expand rural broadband

The Federal Communications Commission on Monday said it authorized more than $524 million to expand broadband in 23 states. The funding will add internet service to 205,000 rural homes and businesses over the next 10 years, the FCC said. Providers will start to get funding this month. This is the FCC’s third wave of funding for rural broadband as part of …

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Facebook won’t offer digital coin Libra until it receives ‘appropriate approvals’

Facebook’s Libra cryptocurrency won’t be available until it gets the proper regulatory approvals, according to the head of the social network’s Calibra subsidiary, which is providing financial services for the digital coin. David Marcus’ comments come from prepared testimony ahead of his appearance in front of the Senate Committee on Banking, Housing and Urban Affairs on Tuesday.  “Facebook will not offer the Libra digital …

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