Tag Archives: tech special report

FCC Seeks To Regain Powers While Backing ‘Fast Lane’ Tests Internet Regulatory Paths, Battle Looms

The Federal Communications Commission moved Thursday toward reclassifying broadband Internet services as a public utility, aiming to recoup regulatory authority after two federal court rulings that the agency had overreached in enforcing “net neutrality.” Chairman Tom Wheeler’s sudden decision overshadowed the FCC’s proposal to let broadband Internet service providers (ISPs) charge content companies for faster Web delivery to

Google Calls EU Privacy Ruling ‘Disappointing’

Google must remove from its search results some links to personal data under a new EU court ruling aimed at clarifying the balancing act between keeping personal data private and maintaining an open Web. Tuesday’s ruling by the Court of Justice of the European Union, the EU’s highest court, says Google (GOOGL) and other Internet companies that aggregate links must consider requests from users seeking to have personal data removed

Valeant Reports Mixed Q1 Amid Drug Earnings Bonanza

Valeant Pharmaceuticals reported a mixed first quarter Thursday, a busy day for drugmakers’ earnings reports. The Canadian drugmaker reported earnings of $1.76 a share, up 35% from the year-earlier quarter and beating by 4 cents the consensus of analysts polled by Thomson Reuters. Sales rose 77% to $1.89 billion, short of consensus for $1.97 billion. Shares fell nearly 2% to 131.17. Valeant (VRX) did not issue new guidance, as it had