Facebook hires Google Fiber co-founder Lo; Verizon and KT have agreed on 5G standards

More wireless news from across the web:

> Facebook has hired Google Fiber Co-Founder and former General Manager Kevin Lo in a move to boost its wireless plans. Recode article

> Qualcomm Technologies touted its recent success and design wins on 4G modems for IoT devices. Qualcomm announced yesterday it had secured 100 design wins across more than 60 OEMs. Release

> Verizon and KT, the largest telco in South Korea, have agreed on standards for 5G and have established a type of blueprint for the technology. Etnews article

> Sigfox has faced a wave of criticism over its business model, which takes a large cut of service revenues from its network partners. Those criticisms have largely come from its rivals, but complaints have started to come in from its customers as well. Light Reading article

> Xiaomi, the "Apple of China," has faced a slump on its smartphone sales, raising questions about whether the company can live up to its $45 billion valuation. Fortune article

Mobile Developer News

> Microsoft's acquisition of Wand Labs could allow Microsoft to progress with its "Conversation as a Platform" goals and break new ground in conversational and machine intelligence. However, it also means Wand will shut down its service and PlugIn API. Article

Telecom News

> Fiber-based Ethernet and P2P microwave led the market in terms of revenue in 2015. Article

Online Video News

> Both Facebook and Google's YouTube have expanded live streaming capabilities for their apps. The move will make live streaming more available and put the two companies in direct competition with Twitter's Periscope. Article

Wireless Tech News

> MulteFire is the key to driving LTE without a license. But will it find footing in the wireless, cable or broadband industry when it competes with so many similar technologies? Special Report

European Wireless News

> U.K. operators are still pondering their futures following the country's decision to leave the European Union. Most are attempting to show a calm front in the face of plunging markets and share prices. Article

> Ericsson, in conjunction with Intel and China Mobile, said it plans to demonstrate the first 3GPP standards for cellular low power, wide area IoT technologies at the Mobile World Congress Shanghai event. The event is taking place this week in China. Article

Cable News

> ESPN, FOX, NBC and CBS, four of the NFL's biggest broadcast partners, have been removed from a class-action lawsuit targeting the NFL and DirecTV over the NFL Sunday Ticket games package. Article

And finally… A bipartisan group of Senators, which most recently included Marco Rubio (R-Fla.), sent a letter to FCC Chairman Tom Wheeler pressing him to speed testing on sharing for the 5.9 GHz band. However, Wheeler has already set a January 2017 deadline for completing testing for sharing in the band. Multichannel News article