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News bites: Don't give up your citizenship edition

By Andrew Feinberg - 05/17/12 08:48 AM ET

Facebook founder Eduardo Saverin, who gave up his U.S. citizenship recently, ostensibly for tax purposes, is profiled in today's New York Times.

Saverin is coming under criticism for renouncing his U.S. citizenship just as he's about to become a billionaire from Facebook's IPO. That's raising hackles, since Saverin won citizenship after emigrating to the United States to avoid kidnapping plots in his native Brazil. 

ABC News reports on a new proposal by some senators, dubbed the Ex-Patriot Act, that would prevent situations like the one created by Saverin.

Netflix yesterday launched a new online video player, says GigaOM.

The Pirate Bay returns after a denial-of-service attack took the file-sharing site down for days, ZDNet reports.

And Fierce Wireless reports that Verizon plans to roll back unlimited data plans, even for customers who already are on them.


Source:
http://thehill.com/blogs/hillicon-valley/technology/227971-news-bites-dont-give-up-your-citizenship-edition
Phillip J. Bond’s ‘Tech Execs’ appears here on The Hill's Hillicon Valley Blog occasionally.

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