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Timothy B. Lee

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Posted at 02:15 PM ET, 01/22/2013

Rep. Anna Eshoo promises FCC bill if net neutrality rules overturned #thecircuit

Net neutrality: Rep. Anna Eshoo (D-Calif.) said Tuesday that she would introduce legislation affirming the Federal Communications Commission’s jurisdiction to “ensure a free and open Internet.”According to remarks prepared for a speech, Eshoo said she would introduce such a bill if the U.S. Court of Appeals for the District of Columbia overturns the agency’s “net neutrality” regulations.

Eshoo, who made her remarks as keynote speaker at this year’s State of the Net conference, also said that she would like to focus on the future of video — and, implicitly, data caps — as companies such as Netflix continue to grow. She also called on the FCC to reexamine its regulations governing how much spectrum one carrier may hold in a particular market.

AT&T, Alltel: AT&T scooped up the assets, subscribers and spectrum from what remains of Alltel from Atlantic Tele-Network, Inc. in a $780 million deal. The deal should help AT&T expand its spectrum holdings in rural America.

The bulk of Alltel Wireless had been previously acquired by Verizon in 2008. The carrier had to divest some of the smaller company’s assets to have the deal approved by regulators. Those assets were later bought by ATNI.

The AT&T deal requires approval from the FCC; the companies said Tuesday that they expect the deal to be completed by the end of the year.

Verizon earnings: Verizon reported that while it added more than 2 million paid subscribers in the past quarter, company expenses left it reporting a loss of $4.23 billion for its fourth quarter.

Payments associated with Hurricane Sandy and its pension fund led to the losses, according to a report from the Associated Press.

The company said that it activated a record number of Apple iPhones in the past quarter; around one-half of those phone sales were for the company’s latest model, the iPhone 5, the report said.

Google earnings expected: Google is set to release its earnings figures for the final quarter of 2012 on Tuesday. Analysts said they will be looking closely at trends in how much advertising revenue the company is making per-click, as well as the amount of money it’s spending on projects.

“[People] who follow our company may not be fully aware of how it impacts our financial reporting,”Brent Callinicos, Google vice president, treasurer and chief accountant Brent Callinicos said Friday, noting that the company has to report results from Motorola Home as “discontinued operations.”

Google released a statement Friday also warning that analysts may not have properly accounted for the sale of its Motorola Home division, which makes set-top boxes and other media technology.

Kim Dotcom launches ‘Mega: Kim Dotcom, the founder of the now-defunct Megaupload, has launched a new file-sharing service called “Mega.”

The new venture has had trouble keeping up with demand. Some security researchers, meanwhile, have raised questions about the strength of Mega’s encryption methods.

As VentureBeat reported, security researchers say that the system Mega users for encryption, which is supposed to prevent even the company from having access to user files, could be easily hijacked while the service sends a decryption key to its users.

Mega denied the charges, saying in an interview with the tech site, that the researchers “didn’t check their facts.” The company said it already fixed a previous issue with its service and stood by its security practices.

By  |  02:15 PM ET, 01/22/2013

 
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