FCC chairman cites country’s “need for speed”: In an op-ed in TechCrunch. Federal Communications Chairman Julius Genachowski outlined several things the country could do to improve the quality of its broadband networks and give U.S. consumers the high-speed data they demand.

Genachowski said that there needs to be a push for next-generation bandwidth and that the public sector has a “vital but limited” role to play in making sure that happens. In the op-ed, Genachowski called for ensuring Internet openness, releasing more wireless spectrum and promoting universal access.

iPhone 5 breaks sales records: As expected, Apple’s newest iPhone has broken sales records previously set by the iPhone 4S as a result of the strong demand that the company saw from its pre-order sales.

In a statement Monday morning, Apple said the iPhone 5 pre-orders had topped 2 million in the first 24 hours, which is more than double the record set by the iPhone 4S last year. AT&T also announced Monday that this model of the iPhone is its fastest and best-selling.

Tech industry is good to great to gone: A company’s life cycle in the tech world is bright but brief, writes The Washington Post’s Steven Pearlstein, citing the declines that Research in Motion, Nokia and retailer Best Buy have seen in recent months.

“One lesson to be drawn from all three stories is the danger faced by dominant firms that refuse to cannibalize themselves — to give up existing sales in order to get the jump on next-generation products and services,” Pearlstein writes. “A second lesson is that as long as the technology remains unsettled, so will be the business models around that technology.”

Google Chrome adding do-not-track: Google has added Do Not Track capabilities to its early build of Google Chrome, All Things Digital reported, becoming the last leading browser to do so.

Chrome’s rapid rise to being one of the top two — if not the top — browser in the world makes the addition particularly significant. Google said that it would add the feature in February.

Tech figures top Obama contributors list: Several of the top contributors to the Obama campaign come from the tech world, according to a list compiled by Buzzfeed from a New York Times report.

According to the list, about $27 million of the funds raised so far by the Obama campaign have come from 43 notable figures in technology, such as Salesforce Chief Executive Marc Benioff and Yahoo CEO Marissa Mayer.

Google’s role in free-speech: Google’s decision to limit access to a video clip from the controversial film “The Innocence of Muslims” brings the debate over the role technology companies play in free speech debates to the forefront, The Washington Post reported.

“Notice that Google has more power over this than either the Egyptian or the U.S. government,” Tim Wu, a Columbia University law professor, told The Post. “Most free speech today has nothing to do with governments and everything to do with companies.”

Discussion flared up again as news broke that the White House had asked Google’s YouTube service directly to review whether the clip violated the site’s community standards.

The officials had no legal authority to demand action, legal experts told The Post. Google ultimately blocked access to the clip in Libya and Egypt, while other governments around the world independently chose to block the content.