Technology Report: Verizon close to deals to sell over $10 billion in assets: WSJ

	Click to View in Browser 02/2/2015 Verizon close to deals to sell over $10 billion in assets: WSJ (Reuters) - Verizon Communications Inc is nearing deals to sell more than $10 billion in assets, the Wall Street Journal reported, citing people familiar with the matter. RadioShack may close, Sprint to get half of chain: BBG (Reuters) - Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions. Obama seeks $14 billion to boost U.S. cybersecurity defenses WASHINGTON (Reuters) - President Barack Obama's budget proposal for the 2016 fiscal year seeks $14 billion (9 billion pounds) for cybersecurity efforts across the U.S. government to better protect federal and private networks from hacking threats. Republican lawmakers urge Obama to work with them on Internet rules WASHINGTON (Reuters) - Two senior Republican lawmakers urged President Barack Obama on Monday to work with them on legislation "to establish permanent protections for an open Internet." Washington lawmakers consider statewide rules for ridesharing SEATTLE (Reuters) - Lawmakers in Washington state were considering legislation on Monday to regulate smartphone-enabled car services like Uber and Lyft, possibly overriding rules imposed in Seattle last year to manage how the companies compete with traditional taxis. U.S. Air Force budget sets stage for GPS satellite competition WASHINGTON (Reuters) - The U.S. Air Force's fiscal 2016 budget plan earmarks $7.1 billion for space programs, including a 10th Global Positioning System III satellite by Lockheed Martin Corp , and sets the stage for future competition for such satellites. New FCC internet speed rules expected on Thursday: DJ NEW YORK (Reuters) - New Federal Communications Commission rules that will regulate Internet service providers (ISPs) more like utilities are due to be proposed on Thursday, CNBC reported on Monday, citing Dow Jones Newswires. Spotify cancels Russia launch due to economic crisis -Independent (Reuters) - Online music streaming service Spotify has canceled its launch in Russia for the forseeable future because of the economic crisis, political situation and new Internet laws, Britain's Independent said, quoting Russia's RBC news agency. Alcatel-Lucent woos new kinds of customers in race to prove itself PARIS (Reuters) - In the final year of his turnaround plan, Alcatel-Lucent's boss is pushing the telecom network gear maker to diversify its customer base by selling Internet equipment to large technology companies and multinational corporations. Uber tightens driver screening in India, to check criminal records NEW DELHI (Reuters) - The U.S. taxi company Uber Technologies Inc has tightened background screening of its drivers in India to include inspection of criminal court records, Uber said in a statement on Monday. Related Video Kenyan education app puts knowledge in children's hands Space-age Swedish shower cuts water consumption Mediafile A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend