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Online pioneer Vint Cerf: ‘The USA doesn’t control the Internet’

The Google executive considered to be one of the fathers of the Internet on Thursday debunked what he called the “myth” that it is controlled by the United States. While America played an outsized role in how the Internet was run when it was founded decades ago, that has long…

Apple and Google agree to settle class action lawsuit on alleged hiring conspiracy

By Dan Levine SAN FRANCISCO (Reuters) – Four major tech companies including Apple and Google have agreed to settle a lawsuit accusing them of conspiring to hold down salaries in Silicon Valley, just weeks before a high profile trial had been scheduled to begin. The settlement was disclosed in a…

FCC promises to punish Internet providers who ‘unreasonably’ discriminate against web traffic

NEW YORK (Reuters) – The U.S. communications regulator on Thursday sought to tame an outcry over “net neutrality” rules it is developing, saying the agency would make sure broadband providers which “unreasonably” discriminate against Web traffic are punished. New rules proposed by Federal Communications Commission Chairman Tom Wheeler would ban…

Failed Bitcoin exchange MtGox to start liquidation process

Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency’s reputation, is to be liquidated after a Japanese court on Thursday ordered the start of bankruptcy proceedings, said a lawyer appointed to carry out the process. The global virtual currency community was shaken by the shuttering of MtGox, which…

Facebook revenue up 72 percent on rising mobile ads

Facebook Inc’s mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street’s financial targets. Shares of Facebook were up nearly 3 percent at $63.05 in after-hours trading on Wednesday. Facebook said that mobile ads represented 59 percent of its…

Tech mogul will not do jail time after being accused of hitting girlfriend 117 times

31-year-old Internet entrepreneur Gurbaksh Chahal will not go to jail after initially being accused of 47 felony counts of domestic violence, the Huffington Post reported on Wednesday. Instead, Chahal pled guilty to misdemeanor charges of domestic violence and battery, and will instead serve 25 hours of community service and three…

Federal judge denies Apple’s move to delay e-book antitrust trial

NEW YORK (Reuters) – A U.S. federal judge denied a bid by Apple Inc on Wednesday to hold off a trial in a case brought by state attorneys general accusing the company of conspiring with five major publishers to fix e-book prices. U.S. District Judge Denise Cote in a brief…

FCC ‘commercially reasonable’ proposals criticized for threatening Internet neutrality

By Alina Selyukh WASHINGTON (Reuters) – U.S. regulators are expected to vote on May 15 on a new set of so-called “net neutrality” rules aimed at making certain that broadband providers do not slow down or block consumers’ access to legal Internet content. The rules from the Federal Communications Commission,…

ACLU steps in after Justice Dept. slaps gag orders on Twitter and Yahoo

Why Is The DOJ Gagging Twitter And Yahoo Concerning Grand Jury Subpoenas? (via Techdirt) The ACLU has jumped into a troubling legal fight, in which it appears that the DOJ has issued gag orders against Twitter and Yahoo concerning grand jury subpoenas that have been sent to both companies. This…

Facebook gets antitrust approval to buy maker of Oculus Rift virtual reality headset

WASHINGTON (Reuters) – Social network giant Facebook Inc has won U.S. antitrust approval to buy Oculus VR Inc, a two-year-old maker of virtual reality goggles, the Federal Trade Commission said on Wednesday. Facebook said on March 25 that it planned to buy Oculus for $2 billion in its first-ever hardware…

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