The Justice Department is delaying approval of a proposed $3.9 billion spectrum deal between Verizon Wireless and a consortium of cable companies over concerns that their cross-marketing agreements that bundle wireless and wired broadband could sideline Verizon's FiOS service, which competes with cable and satellite. The Washington Post has the story.
LG, Toshiba and Au Optronics will settle a price-fixing case over LCD monitors for a combined $543.5 million, Bloomberg reports.
The U.S. is seeking extradition of a British citizen charged with copyright infringement for operating a website that provided links to pirated TV shows and movies, The New York Times reports.
Social media news site Digg sells for $500,000, the Wall Street Journal reports. The once-hot news aggregation site claimed a $160 million valuation in its heyday.
The Center for Digital Democracy charges that a proposed $10 million payout by Facebook for privacy violations will help a select group of consumer activist groups more than it will help users, Wired reports.
Google CEO Larry Page returns to work after an unspecified illness kept him from public appearance since last month, Reuters reports.
A procedural court victory for Aereo, an online-broadcast hybrid TV delivery system, may have repercussions in ongoing debates about the retransmission of broadcast signals by pay-TV operators, reports Multichannel News
Liberty Media Chairman John Malone is playing hardball in his bid to take control of Sirius XM Radio, Reuters reports.
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