U.S. House subcommittee postpones hearing on net neutrality

FCC's Wheeler had hoped to set the new rules before the end of the year

Reuters

WASHINGTON (Reuters) - A key House panel has delayed a hearing on the Federal Communications Commission's efforts to write new Internet traffic rules aimed at assuring "net neutrality."

The U.S. House of Representatives Communications and Technology subcommittee had been expected on Dec. 10 to quiz all five FCC commissioners about so-called net neutrality rules that would regulate the how Internet service providers (ISPs) manage web traffic that travels through their networks.

At China online coming-out party, Beijing spells out Internet control ambition

Limited media access at summit reinforces concerns that Beijing offers only lip service

Reuters

WUZHEN, China - China showed governments and the planet's biggest tech firms last week its vision for global Internet governance - clean, controlled and choreographed.

Public officials and firms worth $2.5 trillion in market value, from Apple Inc to Facebook Inc, got first-hand exposure in the postcard-perfect town of Wuzhen as China showcased its first 'World Internet Conference' (WIC).

AT&T says fiber spending pause affects only new commitments

Follows Obama's call for stricter regulations that would treat ISPs like public utilities

Reuters

WASHINGTON (Reuters) - AT&T Inc sought to clarify to U.S. regulators its plans to pause investments in high-speed Internet connections until "net neutrality" rules are settled, saying in a letter on Wednesday that the plans related to new and not existing commitments.

The Federal Communications Commission earlier this month pressed the company to explain its plans to stop investing in high-speed Internet connections in 100 cities until the agency sorts out new "net neutrality" rules for how Internet service providers manage web traffic on their networks.

Telecom firms call for change to BT's business broadband 'monopoly'

Openreach continues to dominate the business end of the market

Reuters

LONDON (Reuters) - Britain's biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT has an effective monopoly.

The UK Competitive Telecommunications Association (UKCTA), said other companies should be allowed to lay their own cables in BT ducts and use their own equipment to control BT cables, saying it would improve service and encourage innovation.

NSA chief warns Chinese cyber attacks could shut U.S. infrastructure

Threats persist for power utilities, aviation networks and financial companies

Reuters

WASHINGTON (Reuters) - China and "probably one or two" other countries have the ability to invade and possibly shut down computer systems of U.S. power utilities, aviation networks and financial companies, Admiral Mike Rogers, the director of the U.S. National Security Agency, said on Thursday.

Testifying to the House of Representatives Intelligence Committee on cyber threats, Rogers said digital attackers have been able to penetrate such systems and perform "reconnaissance" missions to determine how the networks are put together.

DirecTV beats estimates on higher fees, loses subscribers

Analysts had expected it to add 66,000 users

Reuters

(Reuters) - DirecTV, the No.1 U.S. satellite TV provider, reported a quarterly profit above analysts' expectations as it earned more from each subscriber in the United States.

But the company, being bought by AT&T Inc for $48.5 billion, lost subscribers for the second quarter in a row to competitors, including cable companies that offer broadband along with video at a discount.

China's Xiaomi to invest $1 billion to expand internet TV content

Burgeoning TV unit includes its Xiaomi TV as well as a set-top box

Reuters

BEIJING (Reuters) - China's Xiaomi Technology Co Ltd [XTC.UL] said on Tuesday it would spend $1 billion to expand its internet TV content as the world's third largest smartphone maker ramps up its push into the living room, and a market estimated to be worth $3 billion.

Xiaomi's burgeoning TV unit includes its Xiaomi TV as well as a set-top box, which both use its software and content. The company is best known for its budget smartphones and tablets that have won it legions of fans worldwide.

Comcast, AT&T join Verizon to reassure no plans for Internet 'fast lanes'

Critics have urged the FCC to reclassify ISPs so they are regulated more like public utilities

Reuters

WASHINGTON (Reuters) - Comcast Corp and AT&T Inc have no plans to create Internet "fast lanes" that may hurt consumers' freedom to roam the Web, the leading U.S. broadband providers told the U.S. Senate Judiciary Committee chairman in recent letters.

Senator Patrick Leahy last week wrote to top Internet service providers (ISPs), urging them to pledge that they would not enter any so-called paid prioritization deals, in which content companies would pay ISPs to ensure smooth and fast delivery of their traffic.

Time Warner Cable employees to share $416 million under retention plan

Company will hand out golden parachutes of more than $136M to 5 execs if deal closes

Reuters

(Reuters) - Employees of Time Warner Cable will be $416 million richer even if the cable operator's merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal.

A proxy statement, prepared for the shareholders meetings of both companies in October to vote on the merger, also lays out the nearly $81.8 million golden parachute that Time Warner Cable's chairman and chief executive, Robert D. Marcus, would receive.

Facebook ready to spend billions to bring whole world online: Zuckerberg

Nearly 3 billion will have access to the Internet by the end of 2014, according to ITU

Reuters

MEXICO CITY (Reuters) - Facebook Inc <FB.O> is prepared to spend billions of dollars to reach its goal of bringing the Internet to everyone on the planet, Chief Executive Mark Zuckerberg said on Friday.

"What we really care about is connecting everyone in the world," Zuckerberg said at an event in Mexico City hosted by Mexican billionaire Carlos Slim.

"Even if it means that Facebook has to spend billions of dollars over the next decade making this happen, I believe that over the long term its gonna be a good thing for us and for the world."

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