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Forecast your refund with TaxCaster

Intuit's TaxCaster app can quickly estimate your federal tax refund based on just a few bits of personal information. Even for the most inexperienced taxpayer, it's incredibly simple to understand and use.

At the top of the screen is a meter that displays your estimated tax refund. As you make your way through the app, it considers your answers and recalculates its estimate accordingly. And of course, the more answers you provide, the more accurate its estimate gets.

Three main tabs sit just below the meter, each housing a different category of questions: About You; Total Income; and … Read more

Spectrum auction compromise part of payroll tax cut bill

It looks like Congress will finally authorize incentive spectrum auctions.

Today, Republicans and Democrats in the U.S. House of Representatives and Senate agreed on legislation that will authorize the extension of the payroll tax cuts and the unemployment benefits. And they also authorized the Federal Communications Commission to auction off wireless spectrum as part of the package. Revenue from the incentive auctions will be used to help pay for the tax cuts and unemployment benefits.

The spectrum auction was proposed as part of the 2010 National Broadband Plan. It calls for TV broadcasters who have wireless spectrum they aren'… Read more

FTC: Mobile apps for kids lack privacy disclosures

In a report released today, the FTC said that when it comes to mobile applications aimed at kids there is "little, if any, information in the app marketplaces about the data collection and sharing practices of these apps."

The Federal Trade Commission said that its staff searched the Apple and Android app stores for apps using the word "kids," and "encountered a diverse pool of apps for kids created by hundreds of different developers," but that privacy disclosure was lacking.

The report, titled Mobile Apps for Kids: Current Privacy Disclosures are Disappointing (PDF), focused … Read more

How politics inflame the 'spectrum crisis'

Two years into a decade-long plan to free up wireless spectrum to handle an explosion in mobile data traffic growth, Washington politics are crippling the Federal Communications Commission's ability to reach any of its goals.

In March 2010, the FCC identified in its National Broadband Plan a dire need for more spectrum in the U.S. It outlined a timeline for getting 300 megahertz of spectrum in the pipeline by 2015 with an additional 200MHz opened up for auction by 2020. In total the plan would create 500MHz of new wireless spectrum that could be auctioned off, or nearly … Read more

Can this 'janitor satellite' clean up space junk?

Swiss scientists believe they have a solution to help tidy up the junkyard of satellites over our heads.

It's called CleanSpace One and it's designed to tackle the 17,000-mph mess we've made around our planet.

The $11 million "janitor satellite" is under development at the Swiss Space Center in the Swiss Federal Institute for Technology (EPFL). Its target: derelict satellites 430 miles up that threaten our communications and information networks.

There are some 16,000 bits of debris in the near heavens that are larger than 4 inches across. They're mostly satellite and rocket components hurtling around like hornets in a bag, and they can also endanger the lives of astronauts. The International Space Station has to adjust its orbit to get out of the traffic. … Read more

LightSquared strums up political support

A growing number of Congressional leaders and state officials are urging the Federal Communications Commission to move forward with its review of LightSquared, the controversial startup that plans to build a national wireless broadband network using satellite spectrum.

Last week, Rep. John Conyers (D-Mich.) sent a letter to FCC chairman Julius Genachowski in support of the company and its plans.

"I write to express concern about delays in the approval process involving LightSquared's proposed 4G-LTE wireless broadband network," Conyers wrote in a letter sent last week. "I strongly urge the Commission to move with urgency to … Read more

LightSquared asks FCC for stricter GPS gear standards

LightSquared, the hedge fund-backed company planning to build a nationwide wireless broadband network to compete with AT&T and Verizon Wireless, is asking the Federal Communications Commission to set stricter technical rules for GPS devices.

Today, the company, which has invested billions of dollars to build a wireless broadband network that will blanket the U.S., filed a document with the FCC asking the agency to begin a rule-making process that will enforce strict standards on GPS devices, so that these devices will not inadvertently receive signals that are coming from adjacent spectrum bands.

For more than a year, … Read more

FCC reforms phone subsidy program for the poor

The Federal Communications Commission voted Tuesday to bring its subsidy programs for low income families into the 21st century by offering funds for basic broadband service for financially disadvantaged Americans.

In its January open meeting Tuesday, the FCC adopted an order that will eliminate the FCC's Link Up program, which offers a one-time $30 credit for the installation of landlines or activation fee for cell phones. And it announced a new pilot program that will direct universal service funds collected for these subsidy programs to offer subsidies for basic broadband service.

The commission also pledged to root out waste, … Read more

Is AT&T jockeying for Dish's wireless spectrum?

AT&T appears to be laying groundwork for a potential deal with Dish Network to get its hands on the satellite provider's newly acquired wireless spectrum.

Last week, AT&T flexed some muscle with the federal government in an attempt to make Dish's wireless spectrum--which it acquired last year for $2.8 billion via deals with two failed wireless companies, DBSD North America and TerreStar Networks--harder for Dish to use and easier for some other company to acquire.

Specifically, AT&T asked the FCC not to place any "restrictions on the transfer and/… Read more

Man charged with stealing NY Fed Reserve Bank source code

Authorities arrested a computer programmer today and charged him with stealing source code worth $9.5 million from the Federal Reserve Bank of New York.

Bo Zhang, 32, is accused of taking the software last summer while he was working as a contract employee assigned to the Federal Reserve Bank of New York.

Zhang allegedly admitted that in July 2011 he checked out and copied the code onto an external hard drive and on to his own computers, according to the complaint unsealed today. He said he used the code in connection with a computer programming training company he operated, … Read more