Education Secretary Arne Duncan on Tuesday urged the Senate to overhaul student lending, asserting that the banking industry has had “a free ride from taxpayers for too long” and that executives with lending giant Sallie Mae have enriched themselves as borrowers rack up college debt, reports the Washington Post.
Deep inside millions of computers is a digital Fort Knox, a special chip with the locks to highly guarded secrets, including classified government reports and confidential business plans. Now a former U.S. Army computer-security specialist has devised a way to break those locks, the Associated Press reports.
The U.S. Justice Department’s concerns about Google Book Search persist, but not everyone shares those concerns: Stanford University last week affirmed its support of the expansive online library in what a campus statement called a “milestone in Stanford’s commitment to the program and to the provision of public access to millions of its books.”
The U.S. House of Representatives overwhelmingly approved a cyber-security bill that calls for beefing up training, education, research, and coordination so the government can better prepare to deal with cyber attacks, CNET reports.
Four months ago, it appeared all but certain that the White House and Democrats in Congress would succeed in overhauling the student loan business and ending government subsidies to private lenders. But an aggressive lobbying campaign by the nation’s biggest lenders has now put one of President Obama’s signature plans in peril, reports the New York Times, with lenders using sit-downs with lawmakers, town-hall-style meetings, and petition drives to plead their case and stay in business.
Congressional Democrats on Feb. 4 challenged executives from Comcast Corp. and NBC Universal to show that the cable TV operator’s plan to take control of the entertainment company won’t hurt consumers and rivals, reports the Associated Press.