Senator John McCain has introduced a new version of his Save Lives Act, which would provide federal funds to subsidize the purchase of new digital TV receivers by poorer Americans, so that broadcasters can switch to digital broadcasting and free analog spectrum. McCain was joined by 9/11 Commission chairman Thomas Kean, whose Commission's report called for an "expedited and increased assignment of radio spectrum for public safety purposes." McCain and Kean criticized broadcasters for dragging their feet on the matter. "Why they would choose not to act in the public interest is something they will have to answer for," McCain said. The new bill would force broadcasters to return analog spectrum to the government by the end of 2008, while also providing $463 million for 9.3 million U.S. households to purchase digital receivers; a previous version of the bill had called for $1 billion. Current law states that broadcasters don't have to switch to digital until 85% of households in a given market have digital TVs. "Local television stations provide a lifeline service during terrorist attacks, hurricanes, tornadoes and other natural disasters," said National Association of Broadcasters president Edward Fritts. "We are committed to completing the digital transition in a timely fashion, including return of analog spectrum, and will work with Congress to ensure that millions of consumers are not left stranded by a premature end to analog broadcasting."
Technology is a compelling catalyst for economic growth across the globe. Artificial intelligence (AI) rides a seismic wave of transformation in the Asia-Pacific (APAC) region — a market bolstered by bold government initiatives, swelling pools of capital, and vibrant tech ambition. The latest IDC analysis sheds light on this dynamic market. Despite a contraction in deal volumes through 2024, total AI venture funding surged to an impressive $15.4 billion — a signal of the region’s resilience and the maturation of its digital-native businesses (DNBs). Asia-Pacific AI Market Development The APAC AI sector’s funding story is not just about headline numbers but also about how and where investments are shifting. Even as the number of deals slowed, the aggregate value of investments climbed, reflecting a preference among investors for fewer but larger, high-potential bets on mature or highly scalable AI enterprises. The information technology sector led the AI investment charge. Top area...