Search giant OK with not winning FCC spectrum auction
(NEWSER) - Google nearly became the unenthused owner of a $4.71 billion slice of wireless airwaves in a recent Federal Communications Commission auction, the New York Times reports. Its bid was part of a deal with the FCC to open some spectrum to third-party services, but for much of the bidding, Google had the top price—until Verizon swooped in with the $4.74 billion winner. More»