UN Conference over Internet Regulation fails to agree
The world is safe from a cataclysmic world government takeover of the Internet. As we predicted earlier this month, the United States has refused to sign a United Nations’ Internet Telecommunication Union (ITU) proposal to enact more regulation over the web.
“It’s with a heavy heart and a sense of missed opportunities that the US must communicate that it’s not able to sign the agreement in the current form,” said Terry Kramer, U.S. ambassador to the international gathering. “The internet has given the world unimaginable economic and social benefit during these past 24 years.” [Source]
A U.S. jury on Thursday found that Apple’s iPhone infringed three patents owned by holding company MobileMedia Ideas, though damages have not yet been determined.
The verdict was delivered after a week-long trial in Delaware federal court, said Larry Horn, chief executive of MobileMedia. An Apple spokeswoman declined to comment. [Source]
Yahoo hires PayPal co-founder
Yahoo Inc said on Thursday that two of its directors have resigned and that PayPal co-founder Max Levchin has been appointed to its board of directors, the latest change to the struggling Internet company under its new chief executive.
The changes come five months after Marissa Mayer, a former Google Inc (GOOG.O) executive, took the top job, and they complete a boardroom transformation that began in May when activist investor Dan Loeb settled a bitter proxy fight with Yahoo. [Source]
iPhone 5 hits China
The China release of its iPhone 5 on Friday should win Apple Inc some respite from a recent slide in its share of what is likely already the world’s biggest smartphone market, but its longer-term hopes may depend on new technology being tested by China’s top telecoms carrier. [Source]