logo
Following Telnyx's NAL Response, FCC Supports Reinstating Telnyx to the Industry Traceback Group

Following Telnyx's NAL Response, FCC Supports Reinstating Telnyx to the Industry Traceback Group

Austin, TX, April 15, 2025 (GLOBE NEWSWIRE) -- Telnyx LLC, a leading provider of real-time communications and connectivity solutions, today commended the Federal Communications Commission (FCC) for recommending Telnyx's immediate reinstatement to the Industry Traceback Group (ITG) as a supporting partner. This action from the FCC promptly follows Telnyx's response to the FCC's Notice of Apparent Liability (NAL) and vindicates Telnyx's longstanding efforts in implementing stringent compliance standards and collaborating with industry partners to root out illegal robocalling.
This reinstatement will allow Telnyx to remain committed to protecting consumers and businesses as the company looks forward to resuming its leadership role within the ITG.
'We have been clear from the beginning that Telynx is a victim of Biden-era regulation by enforcement that violates multiple executive orders from President Trump and that we are completely innocent in this matter,' said Telnyx CEO David Casem. 'The FCC's actions facilitating our reinstatement with the ITG are a welcomed first step in the process of clearing our name for good and show the Commission's commitment to righting this wrong. We remain confident that the facts of this case are on our side and we will not rest until the NAL against us is fully resolved.'
About Telnyx
Telnyx delivers voice, messaging, fax, and more for mission-critical applications, and is recognized for its proprietary global IP network. Through its extensive suite of communications APIs, Telnyx provides secure, reliable, and high-quality services, enabling customers to build world-class communications solutions.
Telnyx Media Relations [email protected]

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil Futures Diverge on U.S. Holiday Price Lag, Contract Expiration
Oil Futures Diverge on U.S. Holiday Price Lag, Contract Expiration

Wall Street Journal

time32 minutes ago

  • Wall Street Journal

Oil Futures Diverge on U.S. Holiday Price Lag, Contract Expiration

Oil prices were mixed in European afternoon trade on Friday, with Brent crude down more than 2% to around $77 a barrel and West Texas Intermediate edging 0.7% higher to $74 a barrel. Brent futures fell after President Trump set a two-week deadline to decide whether the U.S. will strike Iran, easing fears of an imminent military intervention. The international oil benchmark had settled 2.8% higher on Thursday at $78.85, its highest close since January.

Circle shares extend their rally after Senate passes landmark stablecoin bill
Circle shares extend their rally after Senate passes landmark stablecoin bill

CNBC

time35 minutes ago

  • CNBC

Circle shares extend their rally after Senate passes landmark stablecoin bill

Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act. The stock was up 14% in premarket trading as excitement continued to build. The bill passed the Senate on Tuesday, and shares rose 33% on Wednesday. The market was closed Thursday for the Juneteenth holiday. Circle is on pace to end the week higher by almost 50%. It has rocketed more than 500% since its initial public offering on June 5. Stablecoins are cryptocurrencies whose values are pegged to that of another asset, usually the U.S. dollar. Traditionally used as bridge currencies for crypto traders, stablecoins today are benefiting from increased interest by banks and payment firms as the Trump administration rolls back Biden-era crypto policies. Stablecoins have attracted a groundswell of investor interest in anticipation of regulatory clarity from Congress, as they have the potential to make payments faster and cheaper. Amazon and Walmart are reportedly exploring the possibility of using or issuing their own stablecoins. Uber, Apple and Airbnb are among other big companies reported to be exploring stablecoins in recent weeks. The GENIUS (short for Guiding and Establishing National Innovation for U.S. Stablecoins) Act seeks to establish clear regulatory guidelines for the use of stablecoins regarding issuance, reserves and compliance. The bill now heads to the house, which has its own stablecoin legislation in the works, called the STABLE Act.

Stocks making the biggest moves premarket: CarMax, Darden Restaurants, Accenture, GMS
Stocks making the biggest moves premarket: CarMax, Darden Restaurants, Accenture, GMS

CNBC

time40 minutes ago

  • CNBC

Stocks making the biggest moves premarket: CarMax, Darden Restaurants, Accenture, GMS

Check out the companies making headlines before the bell: CarMax — Shares jumped 10% after CarMax reported first-quarter results that exceeded. Earnings of $1.38 per share on revenue of $7.55 billion exceeded an LSEG consensus of $1.16 in earnings per share and revenue of $7.52 billion. GMS — The specialty building products stock jumped 26% as a bidding war for GMS has reportedly developed between QXO and Home Depot . QXO said late Wednesday that it was offering $95.20 per share for QXO, while the Wall Street Journal reported Friday that Home Depot had also made an offer privately. Shares of QXO were up 2.4% in premarket trading, while Home Depot dipped less than 1%. Darden Restaurants — Shares were up nearly 3% after the Olive Garden parent's fourth-quarter earnings beat on both the top and bottom line. Adjusted earnings were $2.98 a share, topping expectations by 1 cent, according to LSEG. Revenue was $3.27 billion, versus the $3.26 billion expected. Darden also authorized a new $1 billion share repurchase program. Jack in the Box — The fast food stock shed 1% after a Stifel downgrade to hold from buy. The firm said the Trump's administration's immigration policies are a headwind for Jack in the Box . Accenture — Shares fell 3.7%, after the IT company reported a 6% drop in new bookings in U.S. currency in its fiscal third quarter to $17.73 billion. Overall, however, Accenture topped expectations, posting earnings of $3.49 per share on revenue of $17.73 billion. Analysts polled by LSEG had expected per-share earnings of $3.32 on revenue of $17.30 billion. Circle — Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation , the GENIUS Act. The stock was up 14% in premarket trading, after the bill passed the Senate on Tuesday. On Wednesday it rose 33%. Kroger — The supermarket chain fell less than 1% ahead its first quarter results. Analysts polled by LSEG are anticipating earnings of $1.46 per share on revenue of $45.19 billion. Regencell Bioscience — Shares dropped more than 17%, continuing Regencell's volatile moves this week after a 38-for-1 split took effect. It jumped more than 280% on Monday and 30% on Tuesday — before falling more than 18% Wednesday. — CNBC's Michelle Fox, Tanaya Macheel and Jesse Pound contributed reporting.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store