square

A growing number of Congressional leaders and state officials are urging the Federal Communications Commission to move forward with its review of LightSquared, the controversial startup that plans to build a national wireless broadband network using satellite spectrum.

Last week, Rep. John Conyers (D-Mich.) sent a letter to FCC chairman Julius Genachowski in support of the company and its plans.

"I write to express concern about delays in the approval process involving LightSquared's proposed 4G-LTE wireless broadband network," Conyers wrote in a letter sent last week. "I strongly urge the Commission to move with urgency to … Read more

LightSquared, the hedge fund-backed company planning to build a nationwide wireless broadband network to compete with AT&T and Verizon Wireless, is asking the Federal Communications Commission to set stricter technical rules for GPS devices.

Today, the company, which has invested billions of dollars to build a wireless broadband network that will blanket the U.S., filed a document with the FCC asking the agency to begin a rule-making process that will enforce strict standards on GPS devices, so that these devices will not inadvertently receive signals that are coming from adjacent spectrum bands.

For more than a year, … Read more

Sprint Nextel said it will give LightSquared an additional six weeks to get approval to build its nationwide 4G LTE wireless network from the Federal Communications Commission or it will terminate its agreement with the company, according to Dow Jones Newswires.

A Sprint spokesman told Dow Jones that the company had given LightSquared until mid-March to resolve concerns that its network interferes with GPS receivers. Sprint had already given LightSquared a 30-day extension to get FCC approval at the end of 2011.

A LightSquared representative confirmed that an extension had been granted. And he reiterated LightSquared's commitment to completing … Read more

The saddest part of the rumor about celebrities getting paid thousands of dollars to send corporate-sponsored Tweets is that it's true.

It started with Internship.com paying Charlie Sheen $50,000 to solicit "Tiger Blood" interns, and today we're exploring the number of ways celebrities make money on the side.

We'll also talk about presidential campaigns embracing modern technology, starting with Romney's crew using Square hardware to grab donations and votes.

We'll also pick at the reasons why Obama and Google strategically ignored the most-voted question from yesterday's YouTube campaign q&a. Plenty of time to talk about late-night snacks, but what about the 4,500 users who have legitimate health concerns?… Read more

Voters chat with Obama on Google+ Hangouts, Apple surpasses Hewlett-Packard in PC shipments (if you count iPads, that is), and almost everyone would take your call while on the toilet.

Links from Tuesday's episode of Loaded:

T-Mobile is getting into the mobile payments business with the help of Square.

The carrier announced today that its small-business customers will be able to get the Square credit card reader at select T-Mobile stores. When the reader is connected to a supported smartphone, the device allows business owners to swipe customer cards and have the money from the transactions automatically deposited into their bank accounts the next business day.

T-Mobile has become the first carrier to offer the increasingly popular mobile payment reader, but unfortunately for the carrier's customers, Square's technology will only be available in a handful of stores … Read more

It's no secret that President Obama is a fan of technology.

Just this past month, he joined Instagram, visited Intel to discuss high-tech manufacturing jobs, made plans to have a Google+ video chat with voters, and his wife, Michelle Obama, joined Twitter.

Now, he is beginning to use Square mobile to process his re-election campaign donations, according to Politico.

Obama's headquarters staff, field organizers, and volunteers will all be given Square mobile credit card readers, which will let them receive campaign donations through their smartphones.

"The rollout will happen nationwide, and involve staff at all levels," … Read more

AT&T appears to be laying groundwork for a potential deal with Dish Network to get its hands on the satellite provider's newly acquired wireless spectrum.

Last week, AT&T flexed some muscle with the federal government in an attempt to make Dish's wireless spectrum--which it acquired last year for $2.8 billion via deals with two failed wireless companies, DBSD North America and TerreStar Networks--harder for Dish to use and easier for some other company to acquire.

Specifically, AT&T asked the FCC not to place any "restrictions on the transfer and/… Read more

Extended warranty service SquareTrade announced today it has secured a $238 million growth equity investment lead by Bain Capital.

Terms of the private financial transaction were not revealed.

The company, which sells warranties for consumer electronics and appliances directly and via more than 30 retailers and marketplaces, said its sales tripled in 2011 compared with 2010. It also expects to record "triple-digit" revenue growth in 2012, although the privately held company did not provide specific financial details.

"SquareTrade has been profitable and growing rapidly for several years," CEO and co-founder Steve Abernethy said in a statement. &… Read more