FCC chief Genachowski to step down, touts expanded broadband

Federal Communication Commission Chairman Julius Genachowski speaks at the Cable Show in ChicagoBy Alina Selyukh WASHINGTON (Reuters) – Julius Genachowski said on Friday he will step down as chairman of the U.S. Federal Communications Commission in the coming weeks after four years on the job, and touted his record of working to expand broadband Internet service to Americans. Genachowski, whose term was due to end in June, told FCC staffers he would be leaving his post “in the coming weeks” but did not give a date. He told Reuters after his announcement that he has no career plans lined up for after his FCC tenure ends. …

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FCC chief Genachowski to step down, touts expanded broadband

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As drone monopoly frays, Obama seeks global rules

By Tabassum Zakaria WASHINGTON (Reuters) – President Barack Obama, who vastly expanded U.S. drone strikes against terrorism suspects overseas under the cloak of secrecy, is now openly seeking to influence global guidelines for their use as China and other countries pursue their own drone programs. The United States was the first to use unmanned aircraft fitted with missiles to kill militant suspects in the years after the September 11, 2001, attacks on New York and Washington. But other countries are catching up. …

As drone monopoly frays, Obama seeks global rules

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As U.S. drone monopoly frays, Obama seeks global rules

By Tabassum Zakaria WASHINGTON (Reuters) – President Barack Obama, who vastly expanded U.S. drone strikes against terrorism suspects overseas under the cloak of secrecy, is now openly seeking to influence global guidelines for their use as China and other countries pursue their own drone programs. The United States was the first to use unmanned aircraft fitted with missiles to kill militant suspects in the years after the September 11, 2001, attacks on New York and Washington. But other countries are catching up. …

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As U.S. drone monopoly frays, Obama seeks global rules

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As U.S. drone monopoly frays, Obama seeks global rules

By Tabassum Zakaria WASHINGTON (Reuters) – President Barack Obama, who vastly expanded U.S. drone strikes against terrorism suspects overseas under the cloak of secrecy, is now openly seeking to influence global guidelines for their use as China and other countries pursue their own drone programs. The United States was the first to use unmanned aircraft fitted with missiles to kill militant suspects in the years after the September 11, 2001, attacks on New York and Washington. But other countries are catching up. …

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As U.S. drone monopoly frays, Obama seeks global rules

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Groupon shares crumple after dismal outlook, take-rate cut

People enter and leave Groupon Inc corporate office and headquarters in ChicagoSAN FRANCISCO (Reuters) – Groupon Inc lost a quarter of its market value on Wednesday after the company revealed it began to take a smaller cut of revenue on daily deals during the holidays, sacrificing revenue and profits to attract and keep merchants. The cut in its “take rate”, which some analysts had said was needed to revive flagging interest among merchants in its Internet offers, was a blow to fourth-quarter results. And a sharper-than-expected post-holiday slowdown in its new e-commerce business contributed to a disappointing first-quarter sales forecast. …

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Groupon shares crumple after dismal outlook, take-rate cut

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