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Government To Enforce 'Net Neutrality' Principle

Should websites like Netflix pay extra fees to deliver their Internet-based services to the public? The chairman of the Federal Communications Commission (FCC) says no. Tom Wheeler says that broadband should be treated like a utility, such as phone ... services; in doing so, it will help to protect Internet freedoms. Critics, however, suggest that such a plan would be unworkable. Tom Wheeler's announcement has to do with the principle of net neutrality . That's the idea where Internet Service Providers (ISPs) should treat all Internet traffic (except for illegal content) equally. In other ... (view more)

John Lister's picture

Financial Regulators May Oversee Bitcoin

Two Facebook millionaires want US officials to regulate an exchange for buying and selling the controversial "cryptocurrency" Bitcoin. The move follows a scandal when the largest such exchange in Japan went out of business . The Bitcoin currency ... isn't issued by any government or backed by any assets. Instead, each new unit of the currency is created when a computer successfully solves what's effectively a puzzle designed to slowly increase the amount of Bitcoins in circulation. Every time one user pays a Bitcoin to another, a publicly available ledger of transactions is ... (view more)

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