Julius Genachowski News
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Updated 1 hour, 3 minutes ago
Internet-service providers should adopt an industrywide standard to help keep hackers from taking over customers’ computers, Federal Communications Commission Chairman Julius Genachowski said.
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AT&T Inc. and Verizon Wireless moved a step closer to obtaining additional airwaves needed to meet surging consumer demand for smartphones as U.S. lawmakers passed a measure that authorizes sales of wireless spectrum.
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The U.S. Federal Communications Commission vowed to block LightSquared Inc. after the Obama administration found the wireless venture backed by hedge-fund billionaire Philip Falcone would disrupt navigation gear.
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Billionaire Philip Falcone’s effort to build a national wireless network was rejected by U.S. regulators, leaving him limited options to salvage value from his LightSquared Inc. assets and dealing a blow to efforts to increase industry competition.
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The Federal Communications Commission moved against automated telemarketing pitches that have generated consumer complaints to the agency.
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Sprint Nextel Corp. is in talks to use new Alcatel-Lucent telecommunications gear designed to help wireless networks handle more calls. The discussions reflect the industry’s race to avert a capacity crunch for mobile service.
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A Federal Communications Commission effort to bring digital textbooks to U.S. students faces resistance from schools with limited budgets for buying devices such as Apple Inc.’s iPad tablet computer.
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U.S. regulators trimmed a telephone subsidy that powered growth for TracFone Wireless Inc. and provoked concerns of waste and fraud as wireless companies distribute free handsets.
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Pay and bonus levels at state- controlled Royal Bank of Scotland Group Plc will reflect performance, Prime Minister David Cameron’s spokesman said.
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Banca Monte dei Paschi di Siena SpA, Italy’s third-biggest bank, ruled out a share sale or a request for state aid to meet capital requirements set by the European Banking Authority.
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