The Senate Judiciary Committee took a hard look at digital advertising Tuesday (May 21), both from a standpoint of privacy and whether edge providers who are supported by the use of data for ads are too big to be trusted not to abuse that power and not to allow foreign entities to abuse it, either.
The manager of a credit union for CBS employees pleaded guilty in Los Angeles federal court on Monday to a $40 million embezzlement scheme. Edward Rostohar, 62, was arrested in March after the scheme began to unravel. According to prosecutors, he admitted to stealing money from the bank for the last 20 years.
FCC Chairman Ajit Pai suggested this week that the FCC is awaiting consensus among broadcasters and Microsoft before moving ahead with a proposal on freeing up the “white spaces” between and around post-incentive auction repacked TV channels for wireless broadband. That came in an FCC oversight hearing in the House Communications Subcommittee, where he said he hoped to bring the new white spaces regime to reality soon.
The industry board overseeing the TV content ratings system has not been sufficiently accessible or transparent, but there is not enough evidence to conclude the ratings are inaccurate because the FCC did not have enough time to make that determination and meet its congressional deadline (It had 90 days to meet that deadline).