Sprint reported that it had lost $1.3 billion in the past quarter, which beat analyst estimates, but was still a wider loss than the previous quarter. Overall, Sprint added 1.6 million customers in the past three months. The company paid heavily to sell the iPhone, but sold 1.8 million of the devices in the past quarter, and 40 percent of those sales were to new customers. Sprint earnings: Sprint may have reported a loss Tuesday as part of its latest earnings report, but the company is optimistic after its first quarter selling the iPhone, The Washington Post reported.
“We can’t use 19th & 20th century models, federally regulating the Internet, or giving DHS the power to make the final decisions about securing technology they don’t own or operate they will make our cyber security less effective.” In his testimony, Internet Security Alliance President Larry Clinton argued that more government regulation won’t help deal with cyber threats. Witnesses at the hearing included experts from Juniper networks and McAfee as well as other cybersecurity experts. “If we’re going to ask industry to report cybersecurity incidents to the government, then we need to establish a clear process to do so.” “Improved information sharing is also a key aspect of our nation’s response to cybersecurity,” Eshoo said. Anna Eshoo (D-Calif.) said in the hearing that as the country relies more on the Internet for business, the government must be clear about the protocol for reporting cyber threats.
The deal, announced Wednesday by Amazon, will add about 2,000 titles to its Instant Video service and put more pressure on streaming services such as Netflix, especially in light of an announcement earlier in the week from Verizon and Redbox that they will launch an initiative of their own.Ĭybersecurity hearing: The House subcommittee on technology held a hearing Wednesday to examine proposed broad cybersecurity legislation.
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Amazon and Viacom: Amazon and Viacom announced Wednesday that they had entered into a rights agreement that will bring content from MTC, Nickolodeon, Comedy Central, TV Land and VH1 into Amazon’s streaming video catalog.