~ Others, like Google and Microsoft, expressed reservations, and commenters like Greg Gerst of Gerst Capital called for further, better and more transparent testing. And with a new application filed for Special Temporary Authority (STA), it looks as though Microsoft (NASDAQ: MSFT) may have decided to take the testing matter into its own hands. A spokesperson at Microsoft was not immediately available to comment.
"It seems like they're willing to take on the job," said satellite and wireless industry consultant Tim Farrar of TMF Associates, who spotted the STA filing. "That's been the concern all along, that Globalstar has done a bunch of tests itself and never really given a comprehensive view of the answers. There have been a limited set of test cases," and not a lot of detail about the impact on Bluetooth or Wi-Fi. "A lot of the things that Gerst has been saying that should be tested, I think it's possible, probably likely" that Microsoft will go through with to one extent or another.
Since there is no published detail of what's in the FCC's order, "we don't know what they're going to do," Farrar said. Microsoft could have anticipated the issuance of an order that all sides acknowledged would require more testing and was simply preparing to conduct its own testing after that point, Farrar notes in his blog.
Microsoft's STA application asks permission to conduct tests that would include terrestrial use of the 2483.5-2500 MHz Mobile Satellite Service (MSS) band currently assigned for use by Globalstar.
"Microsoft will test terrestrial operations in the 2473-2483.5 MHz unlicensed band and the adjacent 2483.5-2500 MHz band, consistent with Globalstar Inc.'s proposal to operate a terrestrial low-power service on these frequencies nationwide," the application states. "Microsoft seeks to quantify the affect [sic] of such operations on the performance and rel
CNBC said so. Time for the north.
First on CNBC: CNBC Media Alert: Alibaba Executive Chairman Jack Ma on CNBC’s “Squawk on the Street” on Singles’ Day, Wednesday, November 11
I see a big resistance at 30 (down trend line). We go there first. Then, BOJ's meeting and Q3 of S. If those factors result well,it could lift SFTBY to 32.75 resistance line, and stable up trend would go on.IMO.
Mr. Jack Ma is pursuing Mr. Son's business strategy, Investing and holding. I like that.
EW YORK (TheStreet) -- Alibaba (BABA) announced a proposal on Friday to take over full control of Youku Tudou (YOKU - Get Report) , a YouTube-like video streaming service in China.
Alibaba initially invested in Youku in May of last year, taking a $1.22 billion stake in the company, which translates to 18.3% ownership. Alibaba now wants to buy the rest of the company as well, at $26.60 per share, or $3.6 billion total. The offer would value the entire company at $4.2 billion.
If the deal goes through, Alibaba plans to boost the current partnership between the video streaming platform and its e-commerce platform. Alibaba is already testing a way for consumers who are watching a show on Youku to be able purchase a product from that show on Alibaba at the same time. There are also other advertising and marketing opportunities for the two companies to work on together, advancing Alibaba's marketing capabilities through its Alimama services.
(Sankei Biz translate by Google translator)
TEPCO and Softbank, October 7, it announced the partnership in joint sales of power and communications and Internet services. from next year in April that household power retail is to liberalize the entire surface, sequentially service discounting by and call charge of mobile phone and electricity charges to set across the country, to start. TEPCO to prepare for the competition after the liberalization to promote cooperation with other industries. In addition, Softbank also improve the customer expansion in the new rate plan.
Details such as price plan or contract of acceptance time I pack in the future. Through Softbank shops and homes for free Web site of TEPCO nationwide approximately 2600 stores (2015 March 31) to provide a service.
Seven days, "taking advantage of the point of contact with customers who have in (Softbank) national level, will continue to develop high value-added services," Sanada Hideo and Management Planning Office of the press conference was TEPCO Customer Service Company said .
After the entire surface of liberalization regional monopoly of the power company is lost, each household is to choose freely the contract destination. The metropolitan area is the country's largest power consuming areas are about to enter a new attack power and other major power.
Since TEPCO forced to defend is to build a business base outside the service area, it had been tie-up negotiations with the different industries with name recognition across the country.
Softbank, face a contract of about 18 million stars up to nearly half of the total number of subscribers in the region outside the service area of Tokyo Electric Power (15 March). TEPCO has set a goal to ensure the electricity sales volume of 10 billion kwh, which corresponds to 4% a little less than 14 year track record in the area outside the service area until the '24, the country developed in partnership with Softbank momentum is attached.
China market is closed till 7th, for National holiday, means no bad news from the market, and Sprint and BABA is breaking the downward trend line to up trend. Also it is likely no interest rate hike for while, may be till next year.
I bought SFTBY for receiving the 12 billion dividend from the sub company,Mr. Son can do anything with the big cash. And so I'll hold SFTBY for a long this time. This stock is very good for the longs and the shorts.IMO. Also, keep your eye on the Japan bank's quantitative monetary easing policy change, A.K.A. Kuroda bazooka round 3, it will lift the PPS.
All good news is ahead for SFTBY before the year end. Mr.Son is my Santa Claus.
SoftBank Increases its Stake in Sprint to About 83%
SoftBank Increases its Stake in Sprint to About 83%
SoftBank Group invested an additional $204 million in Sprint Corp., underscoring billionaire founder Masayoshi Son’s commitment to turning around the unprofitable U.S. wireless carrier.
The Japanese company bought 45.8 million shares at an average price of $4.54 apiece in September, increasing its stake to about 83 percent from 82 percent, based on data in a SoftBank filing with the U.S. Securities and Exchange Commission released Tuesday. In August, the carrier bought more than twice that many shares.
Son is standing behind Sprint after the carrier posted a third consecutive subscriber gain in its most recent quarter. Son has said he already sees “light at the end of the tunnel” for a company that had booked losses in six of the past seven quarters, though he’s acknowledged that a turnaround may take two years.
SoftBank has said it may make additional purchases while keeping its
Leading Marketplace Lender SoFi Secures $1 billion in Series E Funding led by SoftBank
Largest single round of financing in the fintech space to date will fuel SoFi's expansion as the primary financial services partner for high achieving professionals
October 1, 2015
Social Finance, Inc.
SoftBank Group Corp.
San Francisco, Calif. and Tokyo, Japan — October 1, 2015 — SoFi, one of the nation's leading marketplace lenders, and the SoftBank Group (“SoftBank”), today announce $1 billion in Series E funding led by SoftBank — marking the largest single financing round in the fintech space to date. Existing investors participating in the round include Third Point Ventures and affiliates of Third Point LLC, Wellington Management Company LLP, Institutional Venture Partners (IVP), RenRen, Baseline Ventures, DCM Ventures and others. The funding will accelerate SoFi's growth as the primary financial services partner for high achieving consumers disenchanted with traditional banking.
The Series E round brings total equity investment in SoFi to $1.42 billion. The firm has been profitable since 2014. This capital raise, closely following its Series D round in February, 2015, is a testament to the company's rapid growth and category leadership.
“SoFi continues to redefine consumer expectations in financial services,” said Mike Cagney, SoFi CEO and co-founder. “This funding will dramatically advance expansion of our disruptive products and experiences, and in turn, meaningfully benefit financially responsible individuals. Our trajectory is clear: we are well on our way to becoming the most trusted financial services partner in the U.S.,” he continued.
SoFi began challenging the status quo in 2011, as the first company to enable graduates to consolidate and refinance their federal and private student loans. Since that time, the company has expanded its offerings to include mortgages, mortgage refinancing, and personal loans, while earning industry-leading customer loyalty. The fi
Have tried the link, but Yahoo deleted it immediately. So, Do the Google search with the Japanese title below.You will find the news in the Japanese news paper: Nihon keizai sinbun, A.K.A. Nikkei. BTW, no English version is available. Good luck!
(9/29/2015 Nikkei web news. translated by Google translator)
SOFTBANK Group on the 29th, announced the receipt of a dividend of 1 trillion 437.2 billion yen from Mobile Tech wholly owned subsidiary in the fiscal year ended March 31, 2016. Is sucked up the surplus from domestic telecommunications business of the cash cow, it will be in M & A (mergers and acquisitions) and to such shareholders flexibly to-use way. Softbank in Dividends received at a time from the subsidiary I seen the largest ever. It does not affect the consolidated financial statements because funds transfer between parent and child.
Mobile Tech has a telecommunications company under the umbrella in a pure holding company. Telecommunications company formerly Softbank Mobile, such as 4 subsidiary of mobile phone was established through the merger in April. It sucks the old four companies of retained earnings through mobile Tech.
It retained earnings of consolidated's about 1 trillion 740 billion yen at the end of March, but had only about 230 billion yen in the SOFTBANK Group a single parent company. The parent company of the surplus will increase in the current dividend. "Taking into account the optimization of the capital structure as a group" that (Public Relations Office). Use for specific funds have not been determined.
In the market there was a view that "a sign of effective utilization attitude in the group ample cash income to rise from domestic operations" (major securities).