Alina's Feed
Jun 5, 2014

Sprint, T-Mobile deal to face fierce U.S. antitrust headwinds

WASHINGTON (Reuters) – Sprint Corp (S.N: Quote, Profile, Research, Stock Buzz) and T-Mobile (TMUS.N: Quote, Profile, Research, Stock Buzz) might have some fresh arguments to allay regulator skepticism about a merger, but the government may still be reluctant to approve shrinking the U.S. wireless market from four main players to three.

Analysts said a decline in shares of both companies on Thursday reflected those high regulatory hurdles. T-Mobile closed 2.3 percent lower and Sprint 4 percent lower.

May 27, 2014

U.S. regulator urges law to force disclosures by data brokers

WASHINGTON (Reuters) – Companies known as data brokers collect and sell information about “nearly all” U.S. consumers, drawing potentially harmful conclusions about them largely without their knowledge, U.S. regulators said on Tuesday.

The Federal Trade Commission called on Congress to pass legislation that would enable consumers to learn more easily how data brokers collect, use and sell their data, to correct it or to opt out of the process, especially when it comes to sensitive information such as about their health status.

May 23, 2014

Obama writes to homeless poet on “Commentary to a Black Man”

WASHINGTON, May 23 (Reuters) – Most mornings, David Denny
ambles around a Metro stop in downtown Washington D.C., in the
signature neon-yellow vest of a vendor selling Street Sense, a
newspaper largely written and sold by the local homeless.

But this week’s mornings were not like any other: Denny’s
name was on the front page of the latest issue of Street Sense.
He had received a letter from U.S. President Barack Obama.

May 16, 2014

U.S. industry too complacent about cyber risks, say experts

WASHINGTON (Reuters) – After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency.

While awareness about cybersecurity has increased in recent years, infrastructure consultants say the industry remains reluctant to spend the money needed to upgrade their aging equipment – especially in the absence of much pressure from the U.S. government, regulators or shareholders.

May 15, 2014

Cyber experts tread carefully around the Internet

WASHINGTON (Reuters) – They know the risks of the Internet better than anyone, but most cyber experts still shop and bank online – with care.

“We operate in the 21st century … I’ve got to shop online, I’ve got to pay my bills online,” Brigadier General Paul Nakasone, deputy commander of U.S. Army Cyber Command, said at the Reuters Cybersecurity Summit this week.

May 15, 2014

Amid protests, U.S. FCC proposes new ‘net neutrality’ rules

WASHINGTON (Reuters) – U.S. regulators on Thursday advanced a “net neutrality” proposal that would ban Internet providers from blocking or slowing down access to websites but may let them charge content companies for faster and more reliable delivery of their traffic to users.

For four months now, the public can weigh in on the rules proposed by the Federal Communications Commission (FCC) in what promises to be an intense tug-of-war between some tech companies and consumer advocates on one side and Republicans and broadband providers on the other, over the extent to which the agency can regulate Internet traffic.

May 15, 2014

U.S. FCC votes to restrict AT&T, Verizon in 2015 spectrum auction

May 15 (Reuters) – U.S. telecom regulators on Thursday voted
to limit how much spectrum Verizon Communications Inc and
AT&T Inc will be able to buy in next year’s auction of
highly valuable wireless airwaves.

In a 3-2 vote along party lines, the Federal Communications
Commission approved the plan that would reserve part of the
spectrum in each market for wireless carriers that do not
already have substantial blocks of low-frequency airwaves there,
largely restricting Verizon and AT&T participation.

May 15, 2014

Amid protests, U.S. FCC to vote on new ‘net neutrality’ proposal

WASHINGTON, May 15 (Reuters) – U.S. telecommunications
regulators will vote on Thursday on whether to formally propose
new “net neutrality” rules that may let Internet service
providers charge content companies for faster and more reliable
delivery of their traffic to users.

Federal Communications Commission Chairman Tom Wheeler has
come under fire from consumer advocates and technology companies
for proposing to allow some “commercially reasonable” deals
where content companies could pay broadband providers to
prioritize traffic on their networks.

May 14, 2014

Security chief sees U.S. cyber legislation this summer

WASHINGTON (Reuters) – Congress is likely to agree on cybersecurity legislation this summer, U.S. Homeland Security Secretary Jeh Johnson said on Tuesday, citing growing consensus among lawmakers on the need to help industry share data with government about attacks on computer networks.

Lawmakers have been considering legislation to clarify how private companies should be required to disclose security breaches and cyber threats, but spats over liability and privacy protections have repeatedly thwarted comprehensive cybersecurity bills.

May 13, 2014

DHS chief says confident U.S. cyber legislation will pass

WASHINGTON (Reuters) – Congress is likely to agree on cybersecurity legislation this summer, Homeland Security Secretary Jeh Johnson said on Tuesday, citing growing consensus among lawmakers on the need to help industry share data with government about attacks on computer networks.

Johnson told the Reuters Cybersecurity Summit he sees a real bipartisan desire to pass a bill after years of unsuccessful attempts.

    • 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."
    • Follow Alina