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Posted at 03:15 PM ET, 01/23/2013

Senate commerce committee sets cybersecurity as priority #thecircuit

Senate commerce committee sets cybersecurity priority: The Senate Committee on Commerce said Wednesday that it is making cybersecurity legislation a priority for the year. Sens. Jay Rockefeller (D-W.V.), Dianne Feinstein (D-Calif.) and Tom Carper (D-Del.) announced the introduction of the Cybersecurity and American Cyber Competitiveness Act of 2013 and said that the private and public sectors must work together to address the threat of a cyber attack.

Congress came close to passing a comprehensive cybersecurity bill in the last session, but negotiations fell apart in the measure’s final days.

Rep. Goodlatte names appointments: Rep. Bob Goodlatte (R-Va.) announced his picks for politicians to lead subpanels on the House Judiciary Committee. Rep. Howard Coble (R- N.C.) will take Goodlatte’s former position as chairman of the subpanel in intellectual property, while Rep. Spencer Bachus (R-Ala.) will oversee the subpanel on regulatory reform, commercial and antitrust law.

Rep. Jim Sensenbrenner (R-Wisc.) will oversee the subcommittee on crime, terrorism, homeland security and investigations.

Apple set to report earnings: Apple is set to report its earnings for the fourth quarter of 2012 on Wednesday, and is in a delicate position as it tries to convince investors that it’s in a firm position to continue its success.

Apple shares have been in a pronounced slide for months, falling nearly 30 percent since peaking at $705 a share in September.

This is the “trickiest” Apple earnings in recent history, Shaw Wu, analyst for Sterne Agee, said in a note. Stock market reaction won’t depend as much on the specific profit numbers as it does on “investor sentiment.”

Google releases report on transparency: Google released its latest numbers on government requests, offering more information on just how the United States and other countries are asking the technology giant for data.

According to figures published Wednesday on Google’s main blog, 68 percent of requests for data from all levels of government in the United States are subpoenas asking for information on users’ identities, issued under the Electronic Communications Privacy Act. These orders, the company said, usually do not involve judges.

Around one-fifth — 22 percent — of the requests come under search warrants, which require judges to find probable cause for governments to obtain the data. The remaining 10 percent of requests, the company said, were issued “by judges or other processes that are difficult to categorize.”

By  |  03:15 PM ET, 01/23/2013

 
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