TRUMP ADMIN EXEMPTS STARLINK FROM FCC ROUTER BAN
■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE
The Trump administration has granted SpaceX's Starlink an exemption from an FCC ban on foreign-made routers. The decision allows Starlink to continue selling equipment manufactured in Vietnam despite the regulatory restriction.
■ MORE FROM THE BUSINESS DESK
GameStop Corp. is considering withdrawing its $56 billion acquisition offer for eBay, with CEO Ryan Cohen potentially proposing a partnership instead, according to Bloomberg.
A U.S. appeals court has allowed approximately 2,400 federal lawsuits against social media companies to proceed. The cases allege that Meta, Google, and other platforms deliberately designed their products to addict young users.
Archer Aviation is acquiring Wisk Aero and two other Boeing air mobility subsidiaries. The deal reunites companies that were previously locked in a trade secret lawsuit.
AI cloud provider Lambda is tapping the leveraged loan market to finance a chip acquisition, marking another major financing push in the race to build out AI infrastructure.