By Sara Jerome and Puneet Kollipara - 07/23/10 10:18 AM EDT
Boucher cautions against giving D-block to public safety. Rep. Rick Boucher (D-Va.) said Thursday that if Congress passes legislation to allocate valuable chunk of spectrum to public safety officials, "it would count as a loss of as much as $3 billion in revenues to the federal government," Tech Daily Dose reports. His warning comes after Senate Commerce Chairman Jay RockefellerJay RockefellerLobbying world Overnight Tech: Senators place holds on FCC commissioner Overnight Tech: Senate panel to vote on Dem FCC commissioner MORE (D-W. Va.) announced a bill that would do as much, allocating the D-block to public safety officials against the wishes of the FCC.
AT&T Profit Rises Amid Slight Revenue Growth. AT&T reported a 26 percent increase in earnings "amid an investment gain, lower costs and fewer customer defections, but the rate of growth in new contract customers slowed despite the benefits of a new Apple iPhone," the Wall Street Journal reports.
Microsoft profits jump. Microsoft "posted its biggest sales gain in 2 1/2 years in the fourth-quarter after customers purchased more personal computers running the Windows operating system," Bloomberg reports.
HP to team with Microsoft on tablet. "Hewlett-Packard will team up with Microsoft to come out with a tablet computer for the enterprise business market this year, a senior HP executive has said," AFP reports.
$100 Million. The amount Dell has agreed to pay in an SEC settlement over accounting fraud claims, reports said today. The settlement allows chief executive Michael Dell to remain at the helm after paying a $4 million fine. (Bloomberg)
TV STAR...Facebook chief executive Mark Zuckerberg will play himself on the Simpsons. (LAT)