Articles

Phil Falcone: What the @#$! would I IPO? (Breaking)

By Jacob Wolinsky on  From valuewalk.com
We just got some breaking news about Phil Falcone. CNBC reported that Phil Falcone was preparing to go public with his Harbinger hedge fund. The fund has taken huge losses on an investment in Lightsquared. Lightsquared planned to develop a 4G LTE wireless communications network. The plan was turned down by the FCC over concerns of interference with GPS systems. Now…. FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Harbinger Capital Partners’ Philip Falcone has no...Read Full Story

Google releases full FCC Street View report - SlashGear

By latestbusinessreport on  From latestbusinessreport.com
SlashGearGoogle releases full FCC Street View reportSlashGearGoogle has decided to voluntarily release the results of the Federal Communications Commission (FCC) probe into its Street View privacy probe. The governmental organization looked into allegations that the search giant was collecting data from millions ...FCC points to rogue Google engineer over Street View Wi-Fi snoopingVentureBeatGoogle Tells U.S. Regulator It Cooperated on Privacy ProbeBloombergLA Times: Google releases FCC...Read Full Story

Google staff 'knew of wif-fi snooping', report says - BBC News

By latestbusinessreport on  From latestbusinessreport.com
BBC NewsGoogle staff 'knew of wif-fi snooping', report saysBBC NewsThe Google engineer who wrote a program which collected personal data from wi-fi networks told at least two other colleagues, a report has revealed. Google released the full investigation conducted by the US Federal Communications Commission (FCC).Street View engineer told managers about collecting payload dataTG DailyExclusive: Google releases FCC report on Street View probeLos Angeles TimesGoogle engineer had plans to scoop...Read Full Story

Google disputes FCC claims of obstruction

By al3xis on  From devicetime.com
SAN FRANCISCO (Reuters) – Google said it would have been of little help to U.S. regulators to give them access to the engineer who wrote a computer program that let its Street View cars collect emails, passwords and other personal data from people’s home wireless networks. “The fact that the engineer was legally unavailable did not leave any significant factual questions unanswered,” Google wrote in a letter to the Federal Communications Commission’s Enforcement Bureau on Thursday...Read Full Story

US House votes to limit the FCC’s ability to control communications mergers

By emotify on  From thenextweb.com
One half of the US Congress voted last night to limit the ability of the Federal Communications Commission (FCC) to control mergers of communications companies. The Federal Communications Commission Process Reform act passed with a vote of 274-174. This matters for the US technology community as it takes the temperature of our elected leaders towards mergers, and their oversight. Given that stunningly large combinations of firms have been occurring lately, think Google-Motorola, and the...Read Full Story

Politics in Action: H.R. 3309 and S. 2204

By TheGMan on  From fromthegman.blogspot.com
STATEMENT OF ADMINISTRATION POLICYH.R. 3309 - Federal Communications Commission Process Reform Act of 2012(Rep. Walden, R-Oregon, and 9 cosponsors)The Administration opposes House passage of H.R. 3309, because it would limit the ability of the Federal Communications Commission (FCC) to exercise its statutory duty to protect the public interest in its review of transactions affecting the vital communications industry. H.R. 3309 would, in effect, create a separate Administrative Procedure Act...Read Full Story

LightSquared files for bankruptcy after plans for network are dashed

By kevinaw2 on  From wardworldpolitics.blogspot.com
From: The Hill's Hillicon ValleyLightSquared, the wireless startup that has run into opposition from federal regulators, filed for Chapter 11 bankruptcy on Monday.Philip Falcone and his investment firm Harbinger Capital invested billions of dollars in LightSquared's plan to build a high-speed wireless network that would have served more than 260 million people, but federal regulators denied it permission to launch earlier this year.In a statement, Marc Montagner, the company's chief financial...Read Full Story

FCC fines Google over Street View probe delays - TG Daily

By latestbusinessreport on  From latestbusinessreport.com
TG DailyFCC fines Google over Street View probe delaysTG DailyGoogle's had its knuckles rapped by the Federal Communications Commission (FCC) for being too slow to cooperate with an investigation into Street View's unlawful collection of data. It's been given a $25000 fine - ther maximum possible - with the FCC ...Google fined by FCC over Street ViewThe GuardianGoogle Is Faulted for Impeding US Inquiry on Data CollectionNew York TimesFCC Proposes $25000 Fine on GoogleWall Street...Read Full Story

FCC fines Google $25000 over Street View probe - BusinessWeek

By latestbusinessreport on  From latestbusinessreport.com
Moneycontrol.comFCC fines Google $25000 over Street View probeBusinessWeekThe Federal Communications Commission has fined Google $25000 for impeding an investigation into how the online search leader collected data while taking photos for its Street View mapping feature. The FCC says, in a report from Friday, ...Google fined $25000 for 'willfully' stonewalling FCCCNNFCC fines Google over Street View, investigation droppedTechSpotGoogle and FCC blasted by privacy watchdogs despite $25k...Read Full Story

FCC fines T-Mobile $819,000 over accessibility issues

By al3xis on  From devicetime.com
The Federal Communications Commission on Monday determined that T-Mobile must pay a fine of $819,000 for “willfully and repeatedly” failing to comply with rules regarding hearing-aid compatible handsets. According to the FCC, the carrier violated the rules during 2009 and 2010. Go here to see the original: FCC fines T-Mobile $819,000 over accessibility issuesRead Full Story
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