January 2019

The Facts About Facebook

Fifteen years ago, I realized you could find almost anything on the internet—music, books, information—except the thing that matters most: people. So I built a service people could use to connect and learn about each other. I’ve heard many questions about our business model, so I want to explain the principles of how we operate. I believe everyone should have a voice and be able to connect. If we’re committed to serving everyone, then we need a service that is affordable to everyone.

Auction 101 Bidding Concludes

The Federal Communications Commission's Wireless Telecommunications Bureau and the Office of Economics and Analytics report that there were no bids, withdrawals, or proactive activity rule waivers placed in round 176 of Auction 101, the FCC’s auction of licenses in the 27.5–28.35 GHz (28 GHz) band. Therefore, bidding in the FCC’s first auction of Upper Microwave Flexible Use Service (UMFUS) licenses has concluded under the simultaneous stopping rule. Auction 101 raised (in gross bids) a total of $702,572,410 with a total of 2,965 28 GHz UMFUS licenses won.

Chairmen Pallone and Doyle Question FCC on Potential Effort to Game Judicial Lottery

House Commerce Committee Chairman Frank Pallone, Jr.