SoftBank, Saudi Arabia Announce World’s Largest Tech Fund

Over the weekend, during President Trump’s visit to Saudi Arabia, Japan’s SoftBank Group and Saudi Arabia’s sovereign-wealth Public Investment Fund (PIF) announced the launch of a new tech fund that has so far secured $93 billion of capital. The “SoftBank Vision Fund is targeting a total of $100 billion within six months,” reports The Wall Street Journal, and plans to “steer capital to cutting-edge technologies in U.S. startups and other global firms.” SoftBank CEO Masayoshi Son already promised to invest $50 billion of the new fund in American startups. Continue reading SoftBank, Saudi Arabia Announce World’s Largest Tech Fund

NCTA Survey Shows U.S. Wants Net Neutrality As It Is Today

NCTA — The Internet & Television Association conducted a survey of 2,194 registered U.S. voters and found that, although a bipartisan group dislikes regulating the Internet, a strong majority supports current net neutrality rules. Those rules prevent ISPs from blocking, throttling, or prioritizing online content in exchange for payment. Although most of those surveyed were against price regulation, they did support action against any ISP that has harmed consumers. That is the exact approach the FCC currently uses. Continue reading NCTA Survey Shows U.S. Wants Net Neutrality As It Is Today

Federal Court Decides Not to Rehear Net Neutrality Challenge

A federal court on Monday declined to reconsider the telecom industry’s net neutrality challenge since the FCC and its chairman Ajit Pai plan to roll back the Obama-era rules anyway. The decision could set the stage for an eventual appeal to the Supreme Court. Despite Pai’s recent announcement regarding plans to eliminate and possibly replace net neutrality rules, telecoms and their supporters are still seeking court backing to help provide future legal protection. However, Judges Sri Srinivasan and David Tatel wrote that a rehearing “would be particularly unwarranted at this point in light of the uncertainty surrounding the fate of the FCC’s Order.” Continue reading Federal Court Decides Not to Rehear Net Neutrality Challenge

FCC Chair Unveils Sweeping Changes to Net Neutrality Rules

FCC chair Ajit Pai yesterday outlined his proposed changes to net neutrality rules and the federal regulation of ISPs. Pai is calling for high-speed Internet service to no longer be classified as a public utility, as a counter to policy approved under the Obama administration intended to treat the delivery of all online content equally. Pai’s proposal would lessen new rules and largely leave policing to the industry. He believes strict regulation of telecom, broadcast and cable companies is detrimental to business and innovation. However, his proposals will likely face resistance from companies and advocacy groups that fear such changes would result in broadband providers awarding unfair accommodations to specific news and video sites. Continue reading FCC Chair Unveils Sweeping Changes to Net Neutrality Rules

FCC Chair Discusses Net Neutrality Rules with Tech Industry

After meeting with execs at Cisco, Facebook, Intel and Oracle to discuss future plans for net neutrality, FCC chair Ajit Pai believes tech companies are interested in finding “common ground.” Most Internet companies have expressed support for “net neutrality, saying the protections guard them from paying tolls to get their content in front of consumers,” reports The New York Times. “Pai said that he agreed with the broad principles of net neutrality but that the rules, created by the commission in 2015, went too far in restricting broadband providers.” Continue reading FCC Chair Discusses Net Neutrality Rules with Tech Industry

FCC Chair Takes Steps to Reverse Restrictions on Telecoms

FCC chair Ajit Pai is moving forward with plans to reverse regulation introduced during the Obama administration under former FCC chair Tom Wheeler. Two items expected to pass today — involving Internet connection fees and limits on the number of stations a TV broadcaster can own — “will empower big telecom and media firms that have lobbied aggressively for deregulation,” reports The New York Times, “but consumer groups say it may also eventually put consumers at risk of higher prices and fewer options for services and media.” The new Trump appointee “has abolished a plan to open the cable box market” and “suspended several participants from a program for low-income broadband subsidies.” Pai is expected to introduce a proposal to counter net neutrality soon. Continue reading FCC Chair Takes Steps to Reverse Restrictions on Telecoms

Facebook Takes Additional Steps in Battle Against Fake News

Facebook has donated $14 million to the News Integrity Initiative, established by Craigslist founder Craig Newmark to combat fake news. The project, which will be headed by Jeff Jarvis, will run out of the City University of New York’s journalism school. The move is just one of Facebook’s recent efforts to combat fake news. The company has also hired former CNN anchor Campbell Brown to lead its new Facebook Journalism Project, partnered with fact-checking sites to tag fake news, and published tips on how to identify it. Continue reading Facebook Takes Additional Steps in Battle Against Fake News

Roku Hires Lobbyists, Prepping for Changes to Net Neutrality

Roku seems to be gearing up for a battle regarding net neutrality, as the FCC is expected to repeal or change regulations that require ISPs to treat all Internet traffic equally. Such changes could make it more challenging and potentially more expensive for Roku and others to provide services at top download speeds. In a first for the company, Roku has hired two DC lobbyists to focus on net neutrality issues. The President Obama-era net neutrality rules treat telecoms similarly to utilities. Those who support the regulations believe they are necessary to prevent service providers from throttling speeds or charging media companies more for content delivery. Continue reading Roku Hires Lobbyists, Prepping for Changes to Net Neutrality

Comcast, AT&T and Verizon Respond to Backlash on Privacy

Since Congress overturned the Internet privacy rules preventing Internet service providers from sharing or selling customers’ Web browsing history, ISPs have been under attack. Now, Comcast, AT&T and Verizon have published blog posts to reassure their customers. Comcast said it does not sell its broadband customers’ Web browsing histories and has no plans to do so in the future. Verizon made a similar claim, and AT&T’s tack is to tell customers that the nixed privacy laws wouldn’t have really protected them. Continue reading Comcast, AT&T and Verizon Respond to Backlash on Privacy

Internet Privacy Legislation Is Overturned in Win for Telecoms

In a 215-to-205 vote that largely followed party lines, House Republicans successfully dismantled the new FCC Internet privacy protections for individuals, which was landmark legislation of the Obama administration. Overturning the legislation marks a victory for telecoms that are now free to collect and sell data on users’ online activities without permission, although some have expressed plans to honor voluntary privacy policies. The protections were originally slated to go into effect later this year. Continue reading Internet Privacy Legislation Is Overturned in Win for Telecoms

Twitter Launches Marketer-Defined Advertising for Periscope

YouTube has been getting pushback from marketers for placing their ads next to offensive videos. Twitter, which will begin a trial of advertising on Periscope, isn’t making the same mistake. In fact, the company is letting advertisers have complete control over where their message appears. With Periscope’s live feed, which has covered crimes and other violence, that’s a difficult promise to keep. But Twitter vice president Matt Derella assures advertisers they will be able to control and scale their ads. Continue reading Twitter Launches Marketer-Defined Advertising for Periscope

Congress Makes a Move to Change New Internet Privacy Rules

The Republican-controlled Senate voted yesterday to reverse FCC privacy protections created under the Obama administration and former FCC chair Tom Wheeler that would have forbidden Internet service providers from using customer data without permission for use in targeted ads. “The measure passed in a 50-to-48 vote largely along party lines,” reports The New York Times. “The House is expected to mirror the Senate’s action next week, followed by a quick signature from President Trump.” The decision means service providers would not require permission to track and share the browsing and app activities of its customers. Continue reading Congress Makes a Move to Change New Internet Privacy Rules

FCC: Pai Halts Privacy Rules, Foreshadowing Broader Repeal

After a 2-to-1 vote, the FCC put a halt to a portion of the privacy rules passed in October. New FCC chair Ajit Pai said those rules required high-speed Internet providers, such as AT&T and Comcast, to secure their customers’ data against hacking and other unauthorized uses. This stay of new government rules may be a foreshadowing of a broader repeal of privacy protections, believe some experts. In line with that, Pai also stated that the Federal Trade Commission, not the FCC, should “oversee broadband and Internet industries.” Continue reading FCC: Pai Halts Privacy Rules, Foreshadowing Broader Repeal

HPA Tech Retreat: Washington Update Examines IP, FCC, FAA

At the HPA Tech Retreat, Thompson Coburn attorney Jim Burger delivered his annual Washington Update, opening with a clip of President Trump suggesting that his government is operating like a well-oiled machine. “I have nothing to say,” said Burger in response, reporting that Marco Rubio told him, “every day something is new in the Senate.” Burger’s update focused on intellectual property issues, including litigation, as well as actions of the FCC regarding net neutrality and set-top boxes, and the FAA regarding drones. Continue reading HPA Tech Retreat: Washington Update Examines IP, FCC, FAA

BuzzFeed News Tries to Expose Readers to Outside Viewpoints

BuzzFeed has introduced a new feature that is intended to help readers understand ideas that differ from the views held in their network of friends. The “Outside Your Bubble” feature will appear at the bottom of BuzzFeed News articles and a staff member will curate content for the feature from social media platforms and other sources. Because of the algorithms behind social media and search results, many people are living in “filter bubbles,” where they are only exposed to ideas that are similar to their own. Continue reading BuzzFeed News Tries to Expose Readers to Outside Viewpoints