The FCC’s latest wireless auction brought in far more money than anyone expected. The Chairman, Tom Wheeler, set a goal of raising $10.6 billion by selling off 1, 600 licenses to blocks of wireless spectrum. In the end, the government not only blew past its goal, but also its previous record of raising $19.1 billion in 2008, when it auctioned off significant pieces of the 700Mhz band that delivers LTE for a number of carriers. This auction ended with the government raising $44.9 billion, which surprised many observers, especially since even smaller markets like Portland, ME received sizable bids worth tens of millions of dollars. Who won which pieces of spectrum in the 1, 700Mhz and 2, 100Mhz bands is unknown right now, but we do know that 70 different companies and organizations submitted bids. Obvious players were involved, like AT&T and Verizon, but Dish also participated, as did some private equity firms, like Grain Management LLC. Interestingly, Sprint sat this one out, though the company does have what the Wall Street Journal calls , “largest stores of spectrum” in the industry. Part of the reason people were shocked by the high price tag, is that these higher frequencies are actually considered less valuable than lower bands. That’s largely because they’re unable to cover as much distance or penetrate buildings as easily. But, since they’re able to carry large amounts of data over short distances, they can be very useful in cities. Hopefully we’ll have more information about who won what soon, but for now lets just enjoy the cash windfall for the government and the American tax payer. [Image credit: Shutterstock] Filed under: Wireless , Verizon , AT&T Comments Source: Wall Street Journal

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Government raked in $44.9 billion from wireless auction

Microsoft has released new Outlook apps for iOS and Android, and they might just be light-years better than those web apps the company has unleashed in the past. See, these are the result of Redmond’s Accompli acquisition in December, and seeing as we liked that startup’s email app when we test drove it last year, we have high hopes for these new ones. The company says the new Outlook for the mobile platforms comes with a built-in calendar and makes attachments easier to add for higher productivity. They’re apparently more tightly integrated with Office apps and Outlook for desktop, as well. We can’t say whether they’ll truly blow your current email apps out of the water as we haven’t tested them yet, but you can find out for yourself by downloading either (or both) from iTunes or Google Play . Take note that the Android app’s just a preview at the moment, so Microsoft could still tweak its features for the final version. Filed under: Cellphones , Mobile , Microsoft Comments

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Microsoft’s new Outlook apps for iOS and Android promise higher productivity

High-tech cards that store all your credit, gift and loyalty card info haven’t exactly made it big yet, but the competition’s already heating up. The newest entry in the race is called Swyp: a metallic device with a screen that transforms into the card you want to use when you need it, so long as you choose the appropriate one using its scroll buttons. In order to upload info, you’ll need to scan credit cards and loyalty cards with magnetic strips (support for scannable barcodes will come later) using a reader that plugs into a phone’s headphone jack. Each card’s details are then stored in the accompanying app, which you can also use to snap pictures of paper receipts. The device itself can store up to 25 cards’ info, more than what its rivals can handle: Coin , its oldest competition, can store up to 8 cards, while Plastc can keep up to 20. According to The Verge , Swyp was designed to deactivate if your phone detects that the card is more than six feet away, though there’s a way to override that if you’re, say, paying at a restaurant. Its creator, Ash Dhodapkar, also told the publication that Swyp will have a rechargeable battery (Coin, on the other hand does not — you’ll have to toss it when it runs out of juice), though it’s unclear if it will work with wireless chargers. It lacks a bunch of other features found on Plastc, including chip-and-pin technology, as well as NFC support, but it is loads cheaper than the competition (Coin costs $100, while Plastc is $150). A small number of Swype cards are now up for pre-order for $49 per, but once those are all gone, you’ll have to pay $99 to get one when it launches this fall. Filed under: Misc Comments Via: The Verge Source: Swyp

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Swyp is yet another one-card wallet vying for your attention

Snowmageddon might not be all that fun those experiencing it on the East Coast, but it could well be affecting the rest of us too. Starting around 1am ET, Facebook and Instagram were both inaccessible, as well as apps that require FB credentials. Tinder, for exmaple, also went down in the process — globally. (We saw problems accessing servers across the US, Europe and Asia.) We’ve also seen Hipchat and, er, AIM also knocked offline at the same time. Snow in the servers? Or maybe it was a DDoS attack? We don’t know just yet. Facebook and Instagram have just come back after an hour. Interestingly, as TechCrunch noted , Facebook’s other app, WhatsApp went strong through out. Filed under: Internet , Facebook Comments

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Facebook and Instagram get knocked offline… for about an hour

Free stuff is always great, especially if people actually want what’s on offer. Apple now has a special section called ” Free on iTunes ” where you can find TV shows and music freebies if you’ve already blown through your monthly entertainment budget. It features TV episodes from 12 Monkeys , Eye Candy and others, as well as music from bands like Purity Ring and Houndmouth. As 9to5 Mac points out, Apple offered a similar service before, but this time, the focus seems to be less on hits and more on material that’s still looking for an audience. Filed under: Software , HD , Apple Comments Via: 9to5 Mac Source: Apple

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Apple giving away TV shows and music with ‘Free on iTunes’

Virtual currency bitcoin is starting to get its act together. A startup funded with $106 million from the New York Stock Exchange as well as banks and venture capital firms, is set to launch the first licensed US bitcoin exchange. Coinbase reckons it’ll add increased security to traders as well as monitor real-time pricing of the world’s foremost cryptocurrency. If you’ve forgotten , unlike normal currencies, bitcoin is traded virtually and isn’t backed by a central government: reasons why the currency often fluctuates severely. The collapse of Mt. Gox last year stung investors, both professional and otherwise, for a total sum of around half a billion dollars. As the WSJ notes , the value of a bitcoin is currently around $240: it was stood at $1, 200 per ‘coin. The startup’s founders have managed to gain licenses from half of the states’ financial regulators, including (importantly) both New York and California. The exchange can only do business in the states in which it’s gained approval, taking 0.25 percent from most transactions, with the first two months charge-free. The exchange already has 2.2 million “wallets” on file, and plans to operate in 30 countries by the end of the year – it’s already set up in 19 of them. Meanwhile, Gemini ( backed by the Winklevoss twins ), has claimed support from an as-yet unnamed New York bank. The legitimacy of Bitcoin is on the increase, but for those of you hoping that the value of Bitcoins will evaporate into nothing and you’ll never have to read about them again — well, it’s not looking good. Filed under: Internet Comments Source: WSJ

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Bitcoin’s first licensed US exchange opens with approval from 25 states