HP and its subsidiaries face a hefty fine for felony violations of corruption
After pleading guilty to felony violations of the Foreign Corrupt Practices Act (FCPA), Hewlett-Packard and its subsidiaries have been ordered to pay a total of $108 million in criminal and regulatory penalties, the U.S. Department of Justice announced this week. Specifically, HP was caught bribing Russian government officials to secure a large and lucrative technology contract.
Hacking group takes credit for attack on U.S. Department of Justice's website.
The hactivist organization known as Anonymous is claiming it's the one responsible for infiltrating the U.S. Department of Justice's Sentencing Commission website (www.ussc.gov) over the weekend. This latest attack was in retaliation to the government's attempt to prosecute Aaron Swartz for illegally downloading millions of academic journals from JSTOR, an online archive and journal distribution service.
The U.S. Department of Justice said it would approve a $3.6 spectrum deal between Verizon and four cable companies -- Comcast, Time Warner Cable, Bright House Networks, and Cox Communications -- if certain changes are made to a series of agreements that it deemed anti-competitive. As originally constructed, the DoJ feared the deal would ultimately harm competition and lead to higher prices and lower quality service for consumers.
PokerStars, the largest Internet poker site on the planet, has agreed to acquire former competitor Full Tilt Poker and fork over $184 million in owed money to overseas poker players in order to settle civil charges brought on by the U.S. Department of Justice (DOJ), which accused the site of sidestepping U.S. regulations related to online gambling and money laundering. As part of the settlement, PokerStars will also forfeit $547 million to the U.S. government.
Netflix honcho Reed Hastings became mighty upset when it was revealed that Comcast's Xfinity TV app for Xbox 360 doesn't count against subscribers' Internet bandwidth cap, and he took to the Net to voice his displeasure with a barrage of Tweets, comments, and diatribes. Apparently, someone listened to his ranting: a new report claims that the Justice Department is quizzing streaming media companies and cable providers alike to determine if the cable companies, who also control Internet access for many, are "acting improperly" to reduce the threat of Netflix and co.
The Department of Justice and Homeland Security ICE division are at it again, and have this time seized more than 300 domains in advance of the Super Bowl. The overwhelming majority of the domains shut down today were selling counterfeit NFL merchandise, but 16 were linking to copyrighted content or video streams. The proprietor of several of those sites had been arrested in Michigan.
It’s been a long hard climb up the mountain for AT&T as it sought regulatory approval for its $39 billion purchase of T-Mobile USA. Well, it looks like AT&T will never see that mountaintop. The carrier has announced via press release that it is walking away from the deal in search of greener spectrum pastures. Though, Ma Bell did offer a parting swipe at the regulators that essentially killed the deal.
A trio of executives at Hitachi and LG will spend some time behind bars for conspiring to rig bids and fix prices for the sale of optical disk drives, the U.S. Department of Justice announced today. Young Keun Park, Sang Hun Kim, and Sik Hur (aka Daniel Hur) each agreed to plead guilty, with Park and Kim agreeing to serve eight months in prison and Hur agreeing to seven months. All three also agreed to pay $25,000 in criminal fines.
AT&T Chief Financial Officer John Stephens sounded defiant today at a media conference in New York. Stephens made it clear that AT&T was going to move ahead with the deal to buy T-Mobile US despite the heavy opposition in regulatory circles. Easier said than done, though. Both the Justice Department and FCC have come out against the deal, and AT&T has not been a terribly good sport thus far.
The crackdown continues on piracy and counterfeit-related domains today with the news that as many as 130 domain names have been seized by US authorities. The Department of Justice (DOJ) and Immigration and Customs Enforcement (ICE) are continuing with last year’s “Operation in our sites” with this new, and largest yet, round of seizures.