financetom
Technology
financetom
/
Technology
/
Trump nominee says she would not administer internet program to benefit Elon Musk
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump nominee says she would not administer internet program to benefit Elon Musk
Mar 27, 2025 1:01 PM

WASHINGTON (Reuters) -The Trump administration's nominee to oversee a $42 billion government fund to bring high-speed broadband internet to unserved parts of America denied on Thursday that she would administer the program to benefit Starlink owner Elon Musk.

Democrats have suggested that Musk, a billionaire and close adviser to President Donald Trump, could receive as much as $20 billion of the funding by eliminating the program's preference for fiber and boosting satellite service. Arielle Roth, who has been nominated to head the Commerce Department's National Telecommunications and Information Administration, said at a Senate hearing that she "will administer the program to the benefit of the American people, not any single individual."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Temporal Technologies raises $146 million at $1.7 billion valuation
Temporal Technologies raises $146 million at $1.7 billion valuation
Mar 31, 2025
March 31 (Reuters) - Temporal Technologies said on Monday it has raised $146 million in a fresh funding round led by investment firm Tiger Global, valuing the software firm at $1.72 billion. The new capital will go into product development for Temporal Cloud and the company said it will continue to invest in research and development for artificial intelligence use....
A Glimpse Into The Expert Outlook On GitLab Through 13 Analysts
A Glimpse Into The Expert Outlook On GitLab Through 13 Analysts
Mar 31, 2025
Across the recent three months, 13 analysts have shared their insights on GitLab ( GTLB ) , expressing a variety of opinions spanning from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Forecasting The Future: 24 Analyst Projections For Confluent
Forecasting The Future: 24 Analyst Projections For Confluent
Mar 31, 2025
Analysts' ratings for Confluent over the last quarter vary from bullish to bearish, as provided by 24 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Analyst Expectations For MongoDB's Future
Analyst Expectations For MongoDB's Future
Mar 31, 2025
In the last three months, 25 analysts have published ratings on MongoDB ( MDB ) , offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Copyright 2023-2025 - www.financetom.com All Rights Reserved