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Key Issues

Internet Governance

Compromise emerges in global talks on Internet oversight. Hopes rose on Tuesday for a compromise agreement that would keep intrusive government regulation of the Internet from being enshrined in a global treaty. (Reuters)

Facebook helps FBI take down $850M botnet crime ring.  FBI credits the social-networking giant with helping take down the suspects behind one of the largest cybercrime hauls in history.  (CNET)


Tech companies push Congress for feds' wireless spectrum.  A coalition suggests auctioning some of the spectrum currently used by federal agencies for use by mobile devices, according to a letter to lawmakers seen by The Hill. (CNET)

U.S. regulators approve Dish request and spectrum sale.  Federal regulators on Tuesday gave satellite TV provider Dish Network Corp the go-ahead to use wireless spectrum and also approved a framework for a spectrum auction next year. (Reuters)

Lawmakers to check on FCC's airwave auctions.  The House Energy and Commerce Committee's subcommittee on Communications and Technology will examine the Federal Communications Commission’s efforts to auction TV stations' airwaves to cellular carriers at a hearing on Wednesday morning. (The Hill)

Europe Reaches Agreement on System for Patents.  On Tuesday, the European Parliament adopted a uniform patent system for Europe. If the plan goes into effect as expected by early 2014, it would try to remedy the country-by-country approach whose time and costs have long been an impediment to innovation across the European Union.  (NYT)

Fiscal Cliff

Cliff chaos: Hundreds of billions apart.  The bellowing on Capitol Hill about which side has offered more “specifics” to resolve the fiscal cliff showdown masks a larger problem for Washington: The two sides are still hundreds of billions of dollars apart on revenue and entitlement cuts.
Not to mention, Republicans and Democrats are also light-years apart on policy details that back up those budget targets. (Politico)

Corporate Taxes on Table in Cliff Talks.  The White House has told Republicans it would include an overhaul of the corporate-tax code as part of any deal to reduce the deficit, people familiar with the talks said, a move to court business groups as budget negotiations intensify. (WSJ)

ITI Member News

Qualcomm CEO Envisions Cell Base Stations in Your Home. Few companies have gambled as successfully on the mobile revolution as Qualcomm Inc.  As Chief Executive Paul Jacobs looks ahead, he says he's ready to place more bets. (WSJ)

RIM Moves to 7-Month High on Developer Interest. Research In Motion Ltd. (RIM) climbed to a seven-month high after the BlackBerry maker said a survey showed application developers’ willingness to endorse its new BlackBerry 10 platform has more than doubled since May. (Bloomberg)

Dell Will Focus on Acquisitions to Complement Hardware, CEO Says. Dell Inc. (DELL), which has spent more than $12.7 billion on 18 acquisitions since 2009, will focus on small and medium-size deals to add tools that complement its personal computers and servers, founder Michael Dell said. (Bloomberg)

1600 Penn.

At noon ET, the President will hold a conference call with a bipartisan group of mayors and community leaders focused on the fiscal cliff and his approach to individual tax rates.

Today on the Hill

House:  The House will convene at 10 am to consider several measures under suspension of the rules. The House also may vote a motion to go to conference on the fiscal 2013 defense authorization bill. Votes begin around 4:30. 

Senate:  The Senate at 9:30 a.m. ET will resume consideration of S 3637, a bill to extend for two years the Federal Deposit Insurance Corporation’s Transaction Account Guarantee program.  No votes are expected.