South African entrepreneur Elon Musk, who is the founder and CEO of electric car manufacturing behemoth Tesla, has been forced to stepdown as chairman of the company - and ordered to pay $20 million after reaching an agreement with the SEC.

Chairman of the Federal Communications Commission (FCC) Ajit Pai, has outlined the blueprint which he believes will help accelerate the development and subsequent deployment of 5G networks in the US.

The chairman of the US Federal Communications Commission (FCC) Ajit Pai has condemned the alleged proposal that the US government is considering the idea of nationalising 5G by constructing its own network amidst security concerns from Chinese technology companies.