commission
NBP: Broadband for everyone by 2020, but who foots the bill?
“Everyone in the United States today should have access to broadband services supporting a basic set of applications that include sending and receiving e-mail, downloading Web pages, photos and video, and using simple video conferencing,” opens the chapter of the Federal Communications Commission’s National Broadband Plan titled “Availability.” What would that mean in terms of performance? “An initial universalization target of 4Mbps of actual download speed and 1Mbps of actual upload speed, with an acceptable quality of service for interactive applications, would ensure universal access,” the NBP says. The document calls this the “National Broadband Availability Target.” Read the comments on this post
Continue reading »SEC: Hacker Manipulated Stock Prices
U.S. regulators are moving to freeze the assets and trading accounts of a Russian accused of hacking into personal online portfolios and manipulating the price of dozens of stocks listed on the Nasdaq Stock Market and New York Stock Exchange. The Securities and Exchange Commission is asking a federal judge to freeze all movement of assets of Broco Investments, believed to be a one-trader operation based in St.
Continue reading »Lifelock Dinged $12 Million for Deceptive Business Practices
The CEO of Lifelock, Todd Davis, became famous for advertising his Social Security number on television ads and billboards promising his $10 monthly service would protect consumers from identity theft. The company also offered a $1 million guarantee to compensate customers for losses incurred if they became a victim of identity theft after signing up for the service. But the Federal Trade Commission said Tuesday that the claims were bogus (.pdf) and accused Lifelock, based in Arizona, of operating a scam and con operation.
Continue reading »Traffic pumping: threat to everyone? (or just AT&T)
Did you know that while decent, law-abiding citizens are minding their own business and making perfectly respectable phone calls to each other, a growing number of schemers are engaged in a sordid, porno-packed activity known as “traffic pumping”? Well, they are, says AT&T, and the telco wants to stop it. Traffic pumping “is growing at an alarming rate,” AT&T has been warning the Federal Communications Commission for months ).
Continue reading »Antitrust incoming? Google hit by EU complaint, FCC filing
Turning search into powerful marketing channel for own services, claims Foundem Shopping comparison site Foundem this week fired the opening shots in the coming Google antitrust battle, with a complaint to the European Commission and a filing with the US Federal Communications Commission accusing Google of posing “an immediate threat to competition and innovation.” The US filing is in response to the FCC’s net neutrality enquiry, and seeks to have search neutrality included in FCC rule-making.…
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