Most Read: Business

 Last Update: : AM 03/30/2015(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 05:39 PM ET, 06/08/2012

The Circuit: DOJ’s e-books case, Patents, Apple prepaid

DOJ e-book case: Barnes & Noble filed a complaint Thursday siding with Apple and book publishers in the antitrust case over e-book price-fixing.

Reuters reported that the mega-bookstore said that the government’s proposed settlement is bad for consumers because it will give Amazon too much control over the e-book market. The report said that Barnes & Noble claims the proposed settlement would lead to less consumer choice and higher e-book and hardback prices.

In April, the Justice Department sued Apple and five publishers, three of whom settled with the agency, alleging that the companies had colluded to fix book prices.

Patents: A judge in Chicago canceled a jury trial between Apple and Motorola on Thursday, saying that the two companies sparring over smartphones can’t prove that they are entitled to relief.

As patent blogger Florian Mueller noted, Judge Richard Posner had previously dismissed both companies’ claims and that it’s “likely” that the case will head to the federal circuit. The case was over four Apple patents and one patent from Motorola. Google’s $12.5 billion takeover of Motorola was finalized last month.

Apple expands prepaid: Customers looking for Apple’s iPhone on a month-to-month basis got another choice Thursday as Sprint’s Virgin Mobile announced it would offer the phone, starting with a $30-per-month plan. The carrier will throttle data after 2.5 GB of monthly use.

The cost of the phone itself is barely subsidized but is likely to appeal to those who don’t wish to sign up for the two-year contract offered by postpaid carriers. Cricket, a subsidiary of Leap, also offers a prepaid iPhone with a $55-per-month data plan.

Facebook App Center: Facebook, looking to plug its mobile gap, has unveiled its app center, which offers the company another potential source of revenue. The news comes just a day after the company explained its new mobile payments system, a two-step process that charges money to a users’ mobile phone account.

Meanwhile, the Wall Street Journal reported that NasdaqOMX Chief Executive Robert Greifeld faced questions from those who said that compensating firms for the money lost in Facebook’s glitch-plagued IPO was not the way to go.

Other exchanges are also not happy with Nasdaq’s planned $40 million payment to firms. On Wednesday, NYSE Euronext issued a statement saying it thinks such a plan would be “wholly inconsistent with fair practice and an undue burden on competition” and would be “tantamount to forcing the industry to subsidize NASDAQ’s missteps and would establish a harmful precedent that could have far-reaching implications for the markets, investors and the public interest.”

By  |  05:39 PM ET, 06/08/2012

Read what others are saying

    © 2011 The Washington Post Company