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The Supreme Court upheld the FCC’s right to censor explicit content on live television. A 5-4 decision revered an Appellite Court ruling which stated that the FCC did not have the right change its stance on expletives. The Court also ruled, in a narrow decision, that the case did not present any constitutional questions about the FCC’s power.

YouTube will stream President Obama’s speech tonight, but the Fox Television Network will not. One will find a new audience; one will keep their old one. Can you tell which is which?

Cablevision is set to launch the fastest home broadband access in the country. The ISP will offer 101 megabits down and 15Mbps up for a total of $99.95 a month. The extremely high speed access will be available May 11th to approximately 5 million people, mostly in the New York tri-state area.

Microsoft is working on smart phone to rival Apple’s iPhone. The folks at Redmond also noted that the company is in talks with Verizon Wireless on, what is most likely, an exclusive carrier agreement. Microsoft’s foray into mobile phone systems, Windows Mobile, as well as its mp3 player The Zune, have both been utter failures.

20th Century Fox has landed both director Oliver Stone and actor Michael Douglas to produce and star in a sequel to Wall Street. The producers are reportedly in talks with Shia LaBeouf to play the young broker character. Fox is banking on renewed interest in the inner workings of Wall Street firms.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.



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