Most Read: Business

DJIA
0.13%
NASDAQ
0.7%
 Last Update: : AM 12/29/2014(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 04:29 PM ET, 05/08/2012

The Circuit: AT&T says FCC chairman’s view ‘incorrect,’ FTC charges MySpace, Twitter fights court order

AT&T disagrees with FCC chairman: AT&T said Tuesday that it “disagrees” with remarks from Federal Communications Chairman Julius Genachowski made at the CTIA conference.

In his remarks, the chairman said, “[some] have argued that transactions, let’s be frank — one transaction — is somehow causing a shortage and causing a price change. But the overall amount of spectrum hasn’t changed, except for the amount we've added to it.”

Firing back, AT&T questioned the chairman’s sense of economics, The Washington Post reported. “Basic economics and the law of supply and demand apply to the wireless industry as to all others.  In the case of wireless, without additional capacity, which would have been created by our transaction, prices rise,” said AT&T Senior Vice President Jim Cicconi.

FTC charges MySpace: The Federal Trade Commission on Tuesday charged MySpace for deceiving consumers about its privacy practices, requiring the company to submit to independent privacy assessments for the next 20 years.

The agency alleges that MySpace provided advertisers with information about users’ personally identifying “Friend ID” without express permission from consumers.

Twitter deals with personal data request: Twitter is challenging a court order that requires it to hand over the account information and messages from a man being prosecuted in connection with the Occupy Wall Street movement.

The social network filed a motion in the Criminal Court of the City of New York asking to quash the order, saying that the man, Malcolm Harris, and any other individual user has the right to stop subpoenas directed to Twitter.

The American Civil Liberties Union applauded Twitter’s action, saying that it is a stand for freedom of speech.

Facebook IPO: Facebook is taking its pitch to investors on the road, after pricing its initial public offering in a range of $28-$35 per share.

Chief executive Mark Zuckerberg made an appearance on the New York leg of the tour, dressed in his customary hoodie and jeans, the Wall Street Journal reported. The report said that Facebook executives fielded questions about its mobile strategy, its plans for China and its recent acquisition of Instagram.

RIM hires COO, CMO: Research in Motion has hired two new executives: Kristian Tear will be the company’s chief operations officer and Frank Boulben will be the company’s chief marketing officer.

The appointments come soon after the company outlined its plans for its latest smartphone system, BlackBerry 10, and appointed Thornsten Heins as chief executive officer.

RIM has been losing marketshare to OS competitors Apple and Google, and has had to rethink its strategy since co-chief executives Jim Balisillie and Mike Lazaridis stepped down earlier this year.

Yahoo appoints committee to investigate CEO: Yahoo announced Tuesday that it has formed a special committee “to conduct a thorough review” of chief executive Scott Thompson’s academic credentials.

The three-person committee will be led by Alfred Amoroso, who joined Yahoo’s board of directors in February. Also on the panel: John Hayes and Thomas McInerney, who both joined the board in April, the board announced in a statement.

Thompson has been under scrutiny since activist investor Daniel Loeb fired off a letter to the board last Thursday questioning Thompson’s academic history. Loeb had found that Thompson had been falsely claiming a degree in computer science, though he did earn a degree in accounting.

Tuesday’s announcement said the committee will also review “the facts and circumstances related to the review and disclosure of those credentials in connection with Thompson’s appointment as CEO.”

By  |  04:29 PM ET, 05/08/2012

 
Read what others are saying
     

    © 2011 The Washington Post Company