Most Read: Business

 Last Update: : AM 04/28/2015(NASDAQ&DJIA)

World Markets from      


Other Market Data from      


Key Rates from      


Blog Contributors

Timothy B. Lee

Timothy B. Lee

Timothy B. Lee covers technology policy, including copyright and patent law, telecom regulation, privacy, and free speech. He also writes about the economics of technology. He has previously written for Ars Technica and Forbes. You can follow him on Twitter or send him email.

Brian Fung

Brian Fung

Brian Fung covers technology for The Washington Post, focusing on electronic privacy, national security, digital politics and the Internet that binds it all together. He was previously the technology correspondent for National Journal and an associate editor at the Atlantic. His writing has also appeared in Foreign Policy, Talking Points Memo, the American Prospect and Nonprofit Quarterly. Follow Brian on Google+ .

Andrea Peterson

Andrea Peterson

Andrea Peterson covers technology policy for The Washington Post, with an emphasis on cybersecurity, consumer privacy, transparency, surveillance and open government. She also delves into the societal impacts of technology access and how innovation is intertwined with cultural development.

Post Tech
About / Where's Post I.T.?   |    Twitter  |   On Facebook  |  RSS RSS Feed  |  E-Mail Cecilia
Posted at 06:02 PM ET, 06/13/2012

ICANN, LightSquared and broadband deployment #thecircuit

ICANN: The organization tasked with regulating the Web’s domain names — that’s everything to the right of the dot in a URL — released its list detailing who has applied for new Web suffixes Wednesday.

Applicants were heavily concentrated in North America (911), Europe (675) and the Asia-Pacific region (303). There were only 17 applications from Africa, which raised questions at the Internet Corp. for Assigned Names and Numbers’ event about whether the cost of an application was too high to be equitable.

Looking forward, he said that while ICANN is responsible for setting up the domain names, Web users will ultimately determine the success or failure of each name.

“It’s up to consumers to pick the winners and the losers,” he said. “It’s like the app market on smartphones. Which ones are going to win? The user decides.”

LightSquared reaches agreement: LightSquared has reached an agreement with its lenders that could keep the firm going until September 2013, Bloomberg reported, which could keep the firm from having to liquidate.

As part of the deal, the report said, LightSquared will pay lenders $6.25 million a month.

Broadband deployment: The White House issued an order Wednesday that would require the Department of Transportation to encourage placing broadband infrastructure alongside highway construction.

In a statement, Rep. Henry Waxman (D-Calif.) said, “Efficient use of federal lands and facilities along with prudent planning of new infrastructure projects will promote the expansion of broadband with significant cost savings to the American taxpayer.”

Waxman and fellow California Democrat Rep. Anna Eshoo had previously introduced a bill calling for a “dig once” provision very similar to President Obama’s order Wednesday.

Verizon: Several Democratic representatives urged the Federal Communications Commission and the Department of Justice to closely examine how the proposed deal between Verizon Wireless and Spectrum Co. would affect consumers and competition.

The transaction, the lawmakers said, could have “significant implications” for the communications industry and called on the agencies to see how the deal could affect competition between the telecommunications and cable industries.

Online video: The Justice Department has been investigating cable firms’ limits for streaming Internet video for months, people familiar with the matter said Wednesday, in a wide-ranging probe that could shape the way consumers view videos. The Washington Post reported that the DOJ’s probe is focused on whether it is anti-competitive for Comcast and other cable providers to stream their own Internet video services and not count those applications against monthly data caps for users.

By  |  06:02 PM ET, 06/13/2012

Read what others are saying

    © 2011 The Washington Post Company