Most Read: Business

 Last Update: : AM 05/05/2015(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 04:41 PM ET, 05/15/2012

The Circuit: LightSquared vows to push ahead; software piracy; medical devices

LightSquared: LightSquared said that it will continue to win approval for its satellite network even after filing for bankruptcy Monday, The Washington Post reported. But analysts have said that it will be a difficult road for the company to move ahead as long as concerns persist about the network’s interference with global-positioning satellites.

In its filing, the company revealed that its creditors include Boeing, Alcatel Lucent, Burson-Marsteller and Level 3, the report said.

Software piracy: In a study released Tuesday, the Business Software Alliance said that it has found that over half of computer users around the world pirate software. The study, which calculates that the global cost of software piracy is valued at $63.4 billion, asserts that the best way to target the problem of piracy is to focus on enterprise consumers.

Robert Holleyman, chief executive of the BSA, told The Washington Post in an interview that the majority of piracy happens in the enterprise market, often when a business or organization is trying to make their legitimate software licenses stretch a little further.

A business, he said, “may have licenses for 100 copies but they have 150 PCs running the software.”

The piracy rate in the United States, the study says, is around 19 percent — much lower than in developing technology markets such as China. China particularly is a problem, the study found, with a piracy rate of 77 percent. According to the study, China has a legitimate market of less than $3 billion, but the estimated value of its pirated software is over $9 billion.

Medical devices and spectrum: Federal Communications Commission chairman Julius Genachowski will deliver remarks Thursday advocating for the release of spectrum for wireless medical devices.

In remarks at the George Washington University Hospital, Genachowski will speak about increasing spectrum capacity for wearable sensors that medical professionals can use to monitor patient health.

He will be joined by Michael Harsh of GE Healthcare, Anthony Jones of Philips Healthcare and top officials from the hospital.

Survey highlights Facebook privacy concerns: After eight years, Facebook is poised to join the ranks of tech titans such as Google or Apple — or to follow a boom-bust cycle like so many other tech start-ups before it.

According to an Associated Press-CNBC poll released Tuesday, 59 percent of U.S. adults under 35 said that they think the stock is a good bet. By comparison, only 39 percent of senior citizens made the same assessment. Half of those who participated in the poll said that they think Facebook is a fad. About 46 percent of users said they they think Facebook’s appeal will fade over time, while 43 percent say that it will endure.

And while 71 percent of those polled in the AP-CNBC poll said they have a favorable view of the company, 59 percent of those polled said they don’t think the social network will keep their personal information private. Privacy issues are keeping away potential users as well: 21 percent of those who don’t use Facebook cited privacy as their primary concern.

The company raised its range for valuation on Monday, saying that it expects shares to price between $34 and $39 per share.

Verizon, cable companies face more questions: The head of the FCC’s wireless bureau, Rick Kaplan sent a letter Tuesday asking Verizon and cable companies for more information about their deals for spectrum and cross-licensing.

According to the filing, the Wireless Telecommunications Bureau is asking for more information on spectrum that Verizon has bought and not deployed.

Kaplan asked for a response by May 22.

By  |  04:41 PM ET, 05/15/2012

Read what others are saying

    © 2011 The Washington Post Company