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Facebook gets a reality check on IPO day

May 20, 2012

Once protected by the hype bubble, Facebook is getting a hard lesson in the realities of the public markets.

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Facebook's epic fail

May 20, 2012

Maybe the dumb money wasn’t so dumb this time. The stock market did turn out to be a voting machine on Facebook and the vote was thumbs-down on flapdoodle.

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Facebook IPO Poses Questions for Broadcasters

May 20, 2012

If Facebook is able to significantly expand its ad take, as many investors seem to expect, then broadcasters and programmers could find themselves increasingly competing with the social media giant.

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Facebook Buys Karma, a Gift-Giving App

May 20, 2012

Facebook bought Karma, a beautifully designed mobile social gift-giving app that allows people to send real gifts. Employees of Karma, led by its co-founders, Lee Linden and Ben Lewis, would join Facebook and would continue to expand the service.

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Facebook Wins Oregon Tax Break

May 20, 2012

Governor John Kitzhaber (D-OR) was scheduled to sign into law a so-called “Facebook bill” that assesses big data centers in Oregon for taxes on their local value, not on intangible assets like their national brand.

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Facebook Suit Over Subscriber Tracking Seeks $15 Billion

May 20, 2012

Facebook was sued for $15 billion in an amended complaint by subscribers who claim the company invaded their privacy by tracking their Internet use. In the complaint filed May 17 in federal court in San Jose (CA), the plaintiffs say Facebook improperly tracked users even after they logged out.

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Los Angeles Times receives $1-million grant from Ford Foundation

May 20, 2012

The Los Angeles Times will use a $1-million grant from the Ford Foundation to expand its coverage of key beats, including immigration and ethnic communities in Southern California, the southwest U.S. border and the emerging economic powerhouse of Brazil.

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After dissing Facebook, GM now drops Super Bowl ads

May 20, 2012

General Motors won't buy ads in the upcoming Super Bowl, the tentpole event in old media. The reasoning: Not worth the money.

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Dish: FCC timeline for wireless network unrealistic

May 20, 2012

Dish Network told the Federal Communications Commission that the FCC’s proposed timetable for Dish's planned wireless network was unrealistic and carried too harsh a penalty for failing to meet requirements.

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Public Knowledge, New America Foundation ask FCC to keep Dish from selling spectrum

May 20, 2012

Public Knowledge and the New America Foundation told the Federal Communications Commission that if it grants Dish Network a large block of spectrum for free, it should come with conditions meant to ensure the grant serves the public interest — by keeping the company from selling the spectrum licenses to AT&T or Verizon.

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FCC Needs to Give OVDs MPVD Status

May 20, 2012

The principal way that television stations can restore their ubiquity is by streaming their signals online — their entire signals, 24/7 — just as they broadcast them. The Internet is a path to all those second and third screens.

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FCC's Final Plan for Retrospective Analysis of Existing Rules

May 20, 2012

The Federal Communications Commission has developed this Final Plan for Retrospective Analysis of Existing Rules. The Final Plan represents the Commission’s strategy for incorporating retrospective analysis into its processes for reviewing its rules.

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FCC Announces E-rate Inflation-Based Cap for Funding Year 2012

May 20, 2012

The Federal Communications Commission’s Wireline Competition Bureau announces that the E-rate program funding cap for funding year 2012 is $2,338,786,577. FCC rules require an adjustment of the E-rate program’s annual cap based on the gross domestic product chain-type price index (GPD-CPI) measure of inflation. The new cap represents a 2.1% inflation-adjusted increase from funding year 2011’s $2,290,682,250 cap.

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Microsoft wins US import ban on Motorola’s Android devices

May 20, 2012

The US International Trade Commission ordered an import ban on Motorola Mobility Android products, agreeing with Microsoft that the devices infringe a Microsoft patent on “generating meeting requests” from a mobile device.

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Deputy CTO Power, FCC's McDowell Spar, At a Distance, Over Spectrum

May 20, 2012

Tom Power, the U.S. Deputy Chief Technology Officer for Telecommunications, agrees with critics who want to see federal agencies move faster in identifying spectrum to be turned over for use under the National Broadband Plan. One of those critics is Federal Communications Commission member Robert McDowell.

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New Nielsen Ratings Track Online Consumption

May 20, 2012

A top Nielsen executive said the company’s fledgling Online Campaign Ratings (OCR) product is heading toward an industry standard in tracking Internet consumption with metrics similar to TV.

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Consumers Argue Video Privacy Law Applies To Web Streams

May 20, 2012

Consumers who sued Hulu for alleged privacy violations are urging a federal judge to reject the company's argument that it isn't covered by the federal video privacy law.

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Does Telework Work?

May 20, 2012

Since the passage of the 2010 Telework Enhancement Act, it’s likely that your agency is implementing telework in some form or fashion. The question is, how will your agency know if that telework program is producing results?

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Not-for-Profit Hospitals Invest in Health IT

May 20, 2012

Health IT systems sit atop the capital-spending priorities of not-for-profit hospitals, according to a new report from Fitch Ratings.

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2012 political TV ads: The rush is on

May 20, 2012

With nearly six months left before Election Day, national party committees have already reserved more than $72 million in television airtime for a fall campaign that’s shaping up as a Super Bowl-like spectacle of political advertising.

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Why Kids' TV is Scrambling to Stay Afloat

May 20, 2012

Kids these days aren't like they used to be. Just ask executives at television networks that cater to children.

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When is a website not a website? For Talking Points Memo, the turning point was in 2012

May 20, 2012

About six months ago, Talking Points Memo publisher Josh Marshall had a realization. It was something that had been bouncing around in his head for a while, but only then was he sure: It was time to formally deconstruct the idea of TPM as a website first — even though it was a website first, some 12 years ago when he started it.

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Are network neutrality and freedom from government surveillance incompatible?

May 20, 2012

If one is in favor of network neutrality and also wary of overzealous government wiretapping, he or she must be careful to not allow advocacy of federal power in one arena (enforcing network neutrality) to bleed over, even by analogy, to advocacy of federal power in the other arena (surveillance). Participants in these discussions are advised to keep the ideological origins of the respective positions in mind.

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The Future of Gamification

May 20, 2012

A new Pew Internet/Elon University survey of more than 1,000 Internet experts, researchers, observers and users points to significant growth in the use of game elements in online activities.

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Former editor says Murdoch sowed seeds of hacking scandal

May 20, 2012

Rupert Murdoch sowed the seeds of the phone hacking scandal that has tarnished his reputation by forcing Britain's most respected newspapers into "a Faustian bargain" with the powerful, a former editor of the UK's Times newspaper said.

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Facebook Raises $16 Billion in IPO

May 18, 2012

As investors raced to buy shares, Facebook, the sprawling social network, raised $16 billion on May 17, in an initial public offering that valued Facebook at $104 billion.

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Facebook vs. the Wireless Industry

May 18, 2012

Facebook hasn’t yet figured out how to make meaningful revenue from mobile, the fastest growing industry in the world, but it has done plenty to create both opportunities and headaches for the wireless carriers.

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Facebook Pumps Up Lobbying

May 18, 2012

Facebook is ramping up its government influence operation in Washington (DC) to catch up with more established rivals and in anticipation that its privacy practices will face heavy scrutiny for years to come.

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Facebook is tough to quit, and investors like that

May 18, 2012

Slowing growth. A weak platform for mobile advertising. Privacy legislation that could hamstring profits. With all the negative headlines, including General Motors Co.'s decision this week to pull its Facebook ads, why is there such a frenzy to buy shares when the company begins trading May 18? The consensus is that, with no competitors of its size and nearly 1 billion captive users, Facebook will somehow find a way.

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Cybersecurity: How US utilities passed up chance to protect their networks

May 18, 2012

After five years of intense effort, a 35-member team of industrial-control-system wizards from the gas, water, and electric utilities industries had created a powerful new encryption system to shield substations, pipeline compressors, and other key infrastructure from cyberattack. But just weeks before it was to be finalized in 2006, the funding plug was pulled on the encryption system, called AGA-12, by the American Gas Association and its partners at the electric power and water utility industries, some who worked on the project recall.

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