Spondo’s Video Rental and Streaming Available on Facebook

A new video rental and streaming platform by Spondo will now let Facebook users watch and share movies on the social media site. The movies are on-demand and shareable among users — in fact, users can even earn a little commission when their friends buy a movie that they’ve shared. In celebration of Halloween, Spondo launched 200 horror movies for streaming, and it plans to add more mainstream and indie films over time. Continue reading Spondo’s Video Rental and Streaming Available on Facebook

Senate Confirms Lobbyist Tom Wheeler as New FCC Chairman

Tom Wheeler, a former cable and wireless phone lobbyist, was unanimously confirmed as the new chairman of the FCC late yesterday. Senate aide Mike O’Rielly was also confirmed for the vacant Republican seat on the commission. The confirmations came after Senator Ted Cruz released his hold on Wheeler’s confirmation vote. Wheeler will succeed fellow Democrat Mignon Clyburn, who has been serving as acting chair since earlier this year when Julius Genachowski stepped down. Continue reading Senate Confirms Lobbyist Tom Wheeler as New FCC Chairman

FTC Chair Proposes Inquiry into Impact of Patent Trolls

Edith Ramirez, chair of the Federal Trade Commission, presented her recommendation for an investigation into the practices of “patent trolls” yesterday during a patent and antitrust seminar in Washington. Ramirez is calling for the FTC to use its subpoena power to launch a sweeping inquiry into patent-assertion entities (PAE’s, or patent trolls), which are known for purchasing bundles of patents in order to threaten infringement lawsuits. Continue reading FTC Chair Proposes Inquiry into Impact of Patent Trolls