John Paczkowski in News on May 24 at 9:43 am PT
Is $1.14 billion an “unnecessary, unlawful and totally disproportionate” fine? Tune in next month.
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Amy Schatz, Reporter, The Wall Street Journal in News on April 15 at 1:18 am PT
The Federal Communications Commission proposed a $25,000 fine on Google Inc., accusing the search giant of deliberately obstructing an investigation into whether the company violated federal rules when its street-mapping service collected and stored data from unencrypted Wi-Fi networks in 2010.
John Paczkowski in News on November 1, 2010 at 10:10 am PT
A new record for Verizon. In early October the company’s wireless division claimed title to the largest consumer telecommunications refund in history, saying it would pay $52.8 million to some 15 million subscribers who were charged for data usage, though they weren’t on data usage plans. Now, thanks to the Federal Communications Commission, it can claim another.
Peter Kafka in Media on August 25, 2010 at 5:22 am PT
A $25,000 fine for two tweets comes out to $520 a word (more or less). Or in terms that mean more to an NFL superstar: That’s two months’ worth of Bugatti payments.
John Paczkowski in News on January 14, 2010 at 1:18 pm PT
When it last reported earnings, Intel surpassed Wall Street’s expectations and issued a strong outlook for the rest of 2009. So investors had high hopes for its latest quarterly report. And Intel appears to have met them. Reporting fourth-quarter earnings after market close Thursday, the company blew the doors off consensus estimates that called for 30 cents a share in profit on revenue of $10.17 billion.
John Paczkowski in News on January 14, 2010 at 1:18 pm PT
When it last reported earnings, Intel surpassed Wall Street’s expectations and issued a strong outlook for the rest of 2009. So investors had high hopes for its latest quarterly report. And Intel appears to have met them. Reporting fourth-quarter earnings after market close Thursday, the company blew the doors off consensus estimates that called for 30 cents a share in profit on revenue of $10.17 billion.
John Paczkowski in News on November 12, 2009 at 6:36 am PT
Wow. Intel and AMD’s seemingly endless legal battles have finally ended. The two companies said early Thursday that they have reached a comprehensive agreement that resolves their many antitrust and patent disputes. Under its terms, Intel will pay AMD $1.25 billion and agree to “abide by a set of business practice provisions” presumably crafted to temper its alleged anticompetitive practices.
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Marisa Taylor, Reporter, The Wall Street Journal in News on September 16, 2009 at 10:10 am PT
The French National Assembly on Tuesday approved a draft “three strikes” law that would allow authorities to cut off Internet access to piracy offenders.
The measure, which France’s Senate passed in July, was narrowly approved by the parliament with a vote of 285 to 225, and is viewed as a compromise to a similar law that was rejected for being too harsh.
John Paczkowski in News on September 16, 2009 at 4:00 am PT
“Manifestly disproportionate.” That’s how Intel describes the record $1.45 billion antitrust fine levied against it by the European Union, one the company evidently believes was meted out in error.
