Traditional big media firms have contributed more than $5 million to the sponsors of the Stop Online Piracy Act, with California Democratic Reps. Howard Berman and Adam Schiff as the top recipients.
The bill, known as SOPA, would strengthen and extend the penalties for online copyright violations, and could force websites hosting pirated content to come down or prevent search engines from sending users their way. Legacy media companies stand to benefit if there's less unlawful movement of their content on the web, like pirated movies and songs for download.
Some of the nation's top tech companies — Facebook ...
U.S. Energy, Mining Companies Must Disclose Government Payments
U.S. energy companies will soon have to reveal how much they pay foreign governments for rights to produce crude oil, natural gas and minerals around the world.
Tucked near the end of the more than 2,000-page final version of the financial reform bill is language requiring energy companies to submit the payment information annually to the U.S. Securities and Exchange Commission. The provision was added by Democratic Sen. Patrick Leahy of Vermont, a long-time supporter of the voluntary Extractive Industries Transparency Initiative, and by Sen. Ben Cardin of Maryland, also a Democrat. That global initiative is backed ...