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Jul 30, 2013

FCC nominee Wheeler clears Senate Commerce panel vote

WASHINGTON (Reuters) – Tom Wheeler, President Barack Obama’s nominee to head the Federal Communications Commission, moved a step closer to confirmation on Tuesday after receiving the approval of the Senate Commerce Committee.

Some Republicans on the panel wanted to delay the nomination of a new Democrat to chair the FCC until Obama also tapped a Republican commissioner to fill the last vacancy on the five-member agency, but the committee approved Wheeler by voice vote.

Jul 25, 2013

U.S. judge approves IBM’s foreign bribery case settlement with SEC

WASHINGTON (Reuters) – A U.S. judge on Thursday signed off on IBM’s 2011 settlement with U.S. regulators over charges of foreign bribery, wrapping up the latest case that questioned U.S. authorities’ aggressiveness in investigating corporate misconduct.

U.S. District Judge Richard Leon approved the settlement between International Business Machines Corp (IBM.N: Quote, Profile, Research, Stock Buzz) and the Securities and Exchange Commission after IBM agreed to a two-year reporting requirement on accounting fraud or bribery as well as federal investigations.

Jul 23, 2013

Pentagon offers to share airwaves with industry, FCC seeks comment

July 23 (Reuters) – The U.S. Defense Department is proposing
to share some of its radio airwaves with the private sector, a
nod to growing pressure from the wireless industry and the Obama
administration for federal agencies to ease their control of
valuable spectrum.

In a letter released by the Federal Communications
Commission on Tuesday, the Department of Defense offers to share
the airwaves it now dominates in the slice of frequencies from
1755 megahertz (MHz) to 1780 MHz with spectrum-hungry wireless
and Internet companies.

Jul 23, 2013

In switch, U.S. military offers to share airwaves with industry

July 23 (Reuters) – The U.S. Defense Department is proposing
to share some of its radio airwaves with the private sector, a
nod to growing pressure from the wireless industry and the Obama
administration that federal agencies ease their control of
valuable spectrum.

In a letter released by the Federal Communications
Commission on Tuesday, the Department of Defense offers to share
the airwaves it now dominates in the slice of frequencies from
1755 megahertz (MHz) to 1780 MHz with spectrum-hungry wireless
and Internet companies.

Jul 19, 2013

U.S. FCC moves to reform E-Rate subsidy for Internet at schools

July 19 (Reuters) – U.S. Federal Communications Commission
moved on Friday to revamp a subsidy program aimed at bringing
faster Internet to schools and libraries, after President
Barack Obama’s plea for a swifter transition to the digital era.

The FCC voted to propose various changes to how schools
apply for and spend funds from the E-Rate program; for instance
ensuring that the program would prioritize investments in faster
broadband connections over some older technologies it also
supports.

Jul 5, 2013

US FCC approval paves way for SoftBank, Sprint, Clearwire deals

WASHINGTON, July 5 (Reuters) – Japan’s SoftBank Corp
on Friday received the final approval it needed from
U.S. regulators for its $21.6 billion bid to take control of
Sprint Nextel Corp, the No. 3 U.S. wireless provider.

All three members of the Federal Communications Commission
voted in favor of the merger as well as Sprint’s related plan to
buy out the portion of wireless company Clearwire Corp
that it does not already own.

Jul 3, 2013

FCC approves Sprint/Clearwire/SoftBank deal: sources

WASHINGTON (Reuters) – U.S. regulators on Wednesday approved the merger of Sprint Nextel Corp (S.N: Quote, Profile, Research, Stock Buzz) and SoftBank Corp (9984.T: Quote, Profile, Research, Stock Buzz), sources familiar with the situation said, the last hurdle in the Japanese company’s drawn-out battle to take control of the No. 3 U.S. wireless provider.

All three Federal Communications Commission (FCC) commissioners voted in favor of the deal, as well as Sprint’s related bid to buy out the shares of wireless company Clearwire Corp (CLWR.O: Quote, Profile, Research, Stock Buzz) that it does not already own, said the sources who spoke anonymously because the approval has not yet been announced publicly.

Jul 3, 2013

U.S. FCC approves Sprint/Clearwire/SoftBank deal-sources

WASHINGTON, July 3 (Reuters) – U.S. regulators on Wednesday
approved the merger of Sprint Nextel Corp and SoftBank
Corp, sources familiar with the situation said, the
last hurdle in the Japanese company’s drawn-out battle to take
control of the No. 3 U.S. wireless provider.

All three Federal Communications Commission (FCC)
commissioners voted in favor of the deal, as well as Sprint’s
related bid to buy out the shares of wireless company Clearwire
Corp that it does not already own, said the sources who
spoke anonymously because the approval has not yet been
announced publicly.

Jun 28, 2013

FCC not seeking divestitures in Sprint/Clearwire/SoftBank deal

WASHINGTON/NEW YORK (Reuters) – U.S. regulators do not plan to ask Sprint Nextel Corp (S.N: Quote, Profile, Research, Stock Buzz) or Clearwire Corp (CLWR.O: Quote, Profile, Research, Stock Buzz) to sell any spectrum as they near a vote on Sprint’s proposed buyout of Clearwire, two sources familiar with the matter said on Thursday.

The Federal Communications Commission is examining Sprint’s proposed buyout of the shares it does not already own in Clearwire in the same review process as the $21.6 billion bid from Japan’s SoftBank Corp (9984.T: Quote, Profile, Research, Stock Buzz) to buy 78 percent of Sprint.

Jun 20, 2013

Head of revived watchdog pledges open look at U.S. surveillance

WASHINGTON (Reuters) – The head of a newly revived federal privacy oversight board pledged on Wednesday to be “as transparent and public as possible” as the board reviews recently exposed U.S. government secret surveillance programs.

The Privacy and Civil Liberties Oversight Board, which has been largely dormant since 2008, held its first full-fledged meeting on Wednesday after the Senate confirmed David Medine as its chairman last month.

    • About Alina

      "Alina Selyukh is covering campaign finance this year. Starting as a journalist in her native town of Samara in Russia, she spent five years in Lincoln, Nebraska before moving to the East Coast to work for Reuters. A former intern and graduate trainee, Selyukh has covered energy, IPOs, healthcare policy and FDA."
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