Bloomberg
Russian President Vladimir Putin Signs Laws Against 'Fake News,' Disrespect of State (Bloomberg)
Submitted by Robbie McBeath on Mon, 03/18/2019 - 16:47Facebook’s Crisis Management Algorithm Runs on Outrage
It’s been almost exactly a year since news broke that Facebook had allowed the personal data of tens of millions of users to be shared with Cambridge Analytica, a consulting company affiliated with Donald Trump’s 2016 presidential campaign. That revelation sparked an investigation by the Justice Department into the company's data-sharing practices, which has broadened to include a grand jury.
T-Mobile’s Late-Game Filing Could Be a Bad Sign for Sprint Deal
The 63-page filing by T-Mobile the week fo March 4 was meant to demonstrate that its purchase of rival Sprint is in the public interest. Yet the filing’s appearance -- which prompted US regulators to pause their review -- had some observers wondering if it’s a sign of trouble for the $26.5 billion deal. “At this stage of the game, filing something elaborate like this is not a sign of strength,” said Andrew Jay Schwartzman, a media lawyer at Georgetown University Law Center.
FCC pauses review of T-Mobile-Sprint deal to examine new arguments
The Federal Communications Commission paused its review of T-Mobile's proposed purchase of Sprint, adding to an already protracted battle to win approval to combine the third- and fourth-largest US wireless providers. The move from the Republican-led agency created fresh turmoil for the $26.5 billion merger, which has been under review for more than eight months. “All indications were this would be decided in the next few weeks” but now it appears “they haven’t made the case to the policy makers,” said Gigi Sohn, a former FCC aide and merger opponent.
T-Mobile's Sprint Deal Draws State Concerns Over Consumer Harm
State antitrust enforcers are expressing deep concerns that T-Mobile's proposed takeover of Sprint could raise prices for consumers, signaling they might seek to thwart the deal. Some state attorneys general who are investigating the $26 billion transaction took the unusual step this week of publicly voicing worries that the combination could harm competition, offering insight for the first time into how they view the tie-up.
Amazon Is Flooding DC With Money and Muscle: The Influence Game (Bloomberg)
Submitted by Robbie McBeath on Thu, 03/07/2019 - 12:15Lawmakers Leery of Satellite Companies’ 5G Airwaves Plan
The Federal Communications Commission will soon decide whether to side with foreign satellite companies, and allow them to sell their rights to a swath of public airwaves to speed the deployment of 5G technology. Such a sale to the nation’s biggest wireless providers could bring in as much as $40 billion—and now Congress is threatening to step in and prevent the FCC from allowing the satellite companies to pocket the money.