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In the News...
"The emerging dispute between Netflix and Comcast underscores the core weakness of the Internet economy. To reach the multitude of online services competing for your attention, you must first get through a bottleneck that is not competitive at all: high-speed broadband access."
The New York Times
Telecom watchdog groups said federal regulators should scrutinize any such plan. It could give the carriers too much power to pick winners and losers in the apps world, particularly if the terms are more favorable to a select few, they said.
Financial Times
"The choice is simple for the FCC and the U.S. Department of Justice: Stop this merger now. If it is allowed to happen it will be extremely difficult, if not impossible, to recreate a competitive wireless market."
Seattle Times
AT&T is lining up support for its acquisition of T-Mobile from a slew of liberal groups with no obvious interest in telecom deals — except that they’ve received big piles of AT&T’s cash.
Politico.com
AT&T is lining up support for its acquisition of T-Mobile from a slew of liberal groups with no obvious interest in telecom deals — except that they’ve received big piles of AT&T’s cash. Read more: http://www.politico.com/news/stories/0611/56660.html#ixzz1OzfkZFlI
Politico.com
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About one-quarter of all Verizon Communications Inc. (NYSE:VZ) shareholder votes were cast in favor of a proposal that asks the company to report on business risks from Verizon’s controversial FCC lawsuit and other actions to oppose open Internet and network neutrality principles.
A shareholder proposal asking Verizon Communications Inc. (NYSE: VZ) to issue a report about the risks confronting the company because of its positions on net neutrality and open Internet issues has received support from ISS Proxy Advisory Services, the leading advisor to institutional investors.
The shareholder proposal can be voted on by Verizon shareholders either by proxy over the next two weeks, or in person at the company's annual meeting on May 2.
In response to a shareholder proposal, Apple Inc. has amended its Board’s Audit and Finance Committee charter to include responsibility for privacy and data security risks that confront the company.
The change was praised by advocates as an important step in improving accountability for privacy and data security at the highest levels of corporate governance. “Apple is to be congratulated for recognizing the critical risks that privacy and data security can pose to a company’s financial performance,” said Michael Connor, Executive Director of Open MIC a non-profit organization that assisted investors in drafting the proposal at Apple.