March 2022

KKR raises $17 billion for broadband and other infrastructure investments

Broadband appears to be on the list of priorities for private equity firm KKR as it looks to invest $17 billion from a newly created fund in infrastructure projects across the globe. Countries like the US are already pouring a significant amount of money into improving infrastructure.

House Republicans Express Concerns With the Biden Administration's Statements on Health Misinformation Online

House Republican Leaders sent a letter to US Surgeon General Vivek Murthy regarding the Biden Administration's approach to COVID-19 related misinformation on tech platforms. "We write with significant concerns that the Biden Administration continues to undermine the First Amendment by pressuring technology companies to censor specific users and certain speech," reads the letter sent by Reps Cathy McMorris Rodgers (R-WA), Jim Jordan (R-OH), Steve Scalise (R-LA) and James Comer (R-KY). "The First Amendment prohibits the government from directly censoring speech it finds objectionable.

Tech's state privacy play

The tech industry is lobbying statehouses across the country to pass privacy bills that critics call weak. Most tech firms would prefer a nationwide law, but since Congress hasn't budged on the issue, the industry now seeks to preempt states from approving tougher privacy rules like California's. Utah lawmakers considered and passed a state privacy bill in less than two weeks, and it's now awaiting the governor's signature. Utah would become the fourth state with a privacy law, following Colorado, Virginia and California.

The telecom deals frenzy

The race to 5G is forcing the world's biggest telecom giants to consolidate. 5G is all about scale; when companies combine, they have more resources and capital to bid on spectrum and build out tools to get ahead. Orange and Masmovil announced they entered exclusive talks to merge their operations in Spain at a valuation of €19.6 billion ($21.7 billion).