LEADING THE DAY: The House Energy and Commerce subcommittee on manufacturing and trade will vote Wednesday on the Secure and Fortify Electronic (SAFE) Data Act. The bill was introduced by subpanel chairman Rep. Mary Bono Mack (R-Calif.) and would require that companies notify law enforcement of a breach within 48 hours. Under the bill, the FTC would have jurisdiction over nonprofit organizations in the case of a data breach.

Obama nominates Ohlhausen to FTC: President Obama nominated Internet policy expert Maureen Ohlhausen to the Federal Trade Commission, The Washington Post reported Tuesday. She will come to the agency from Wilkinson Barker Knauer, where she is a partner in the firm’s privacy, data protection and cybersecurity practice.

Ohlhausen is also familiar with the FTC, having worked as a director in the Office of Public Planning from 2004 to 2008 on e-commerce and advertising issues.

LightSquared: The plan for LightSquared’s satellite and ground broadband network hit another snag as European officials wrote to the FCC to express their concern about possible interference, Bloomberg reported.

The European Space Agency said that it has found the planned network might hurt its planned space-based navigation system, Galileo, as well as airplane navigation equipment. LightSquared has already faced considerable opposition to its plans from the GPS industry in the U.S. because of interference concerns. The company has said that it is confident that it can find a way around the interference.

T-Mobile plans: T-Mobile announced a new set of value data plans Wednesday that the company will roll out along side its current “Even More” plans. The new plans offer 2GB, 5GB or 10 GB with no overage charges, though data will be throttled past the monthly cap. The new Value plans will also support multiple lines.

The plans will be available starting July 24.

Apple earnings: Apple reported yet another record quarter Tuesday, selling 9.25 million iPads and 20.34 million iPhones. Mobile hardware sales defied expectations — particularly sales of the iPhone, which many expected to decline because of reports that a new model of the phone will arrive in the coming months.

In just three months, the company earned $7.3 billion in profit on revenue of nearly $28.6 billion — the equivalent of logging $3,700 in sales every second, The Washington Post reported.

FBI arrests 14 in connection to Anonymous: The FBI announced that it has arrested 14 suspects in connection with Anonymous for their alleged involvement with a denial of service attack on PayPal’s Web site, the Associated Press reported.

The suspects were arrested in nine states and the District — two additional people were arrested on cyber-related charges. Of the 13 people named in the FBI’s release, the majority are in their 20s and 30s. There were also arrests in the U.K. and the Netherlands.