Shelly Palmer Radio Report – December 27, 2011

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The Justice Department overturned a ruling that could open the doors for state level online gambling. The Office of Legal Counsel reversed its policy on the Federal Wire Act, stating that it only applies to sports betting. The change would allow states to offer online gambling within its borders. In other news, the hacker group Anonymous took credit for crashing the website of the Stratfor Global Intelligence Service. The group allegedly stole bank information from Stratfor’s clients and made donations to the Red Cross with their accounts. Among Stratfor’s clients is Bank of America and the United Nations. And finally, GoDaddy lost over 37,000 domain name accounts after posting a statement in support of the Stop Online Piracy Act legislation. Shortly after the backlash, GoDaddy loosened its stance on the issue, stating that the legislation needs to be revised.

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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