When It Comes to Investments, FCC Is Doing All Right

At least someone things FCC is doing a bang-up job, indicated by financial investments in emerging competitors to traditional broadband and mobile industry incumbents.

“I understand that there has been a fair amount of debate about the regulatory framework that the FCC has chosen for broadband Internet services.  I’m not a lawyer and can’t get into the fine points of the Communications Act.  But I live my life in the financial world and I have made a substantial investment in what I expect will be a major new broadband wireless network in the United States. In that respect, I can say that the FCC’s broadband policies continue to actively encourage Harbinger’s and others’ multi-billion dollar investment in broadband innovation. It’s a truism that investment goes where it is welcome and this FCC, under Chairman Genachowski’s leadership, has gotten it right.” Philip Falcone, Chief Executive Officer of Harbinger Capital Partners on FCC’s Policies

HP, to Get Greener Data Centers, Thinks Brown

Give Hewlett-Packard 10,000 cows, and the computer company will give you the means to power a data center. HP today presented research from its HP Labs division showing how a data center that needs 1 megawatt of generation capacity can power its servers using cow poop.

What You Should Be Reading Today

Every weekend, I try to collate some of the best posts and articles I’ve read on the web and share them with all of you, but for the past few weeks I’ve been remiss in my duties. Here are some links that are worth reading.

FTC Should Go After JP Morgan, Not Apple

“Our future well being depends more on people like Steve Jobs who invent real products that can improve our lives, than it does on people like Jamie Dimon who invent financial products that do little other than threaten our economy. So why is the FTC nosing around Apple and not around Wall Street? Because the Federal Trade Commission Act allows the agency to stop ‘unfair methods of competition”’almost anywhere in the economy except in the financial sector. Banks are explicitly excluded. Another reason for financial reform.”

Robert Reich, former U.S. Secretary of Labor under President Bill Clinton.

What To Read This Weekend: The iPad Edition

No surprise, it has been iPad week on the web. Here are views from a former IBM ThinkPad executive & Zillow CEO Rich Barton. Apple is now the #3 largest company. Enjoy a video dissecting iPad magazine apps and also read about what makes a great app.

Richard Branson: What Makes a Great Employee

A self-disciplined employee will have the patience to conduct routine business routinely, the talent to respond exceptionally to exceptional circumstances, and the wisdom to know the difference.  — Richard Branson, founder of The Virgin group of companies, which includes Virgin America. (# via)

Vidyo Scores Monster $25M Funding Round

Just so you know, this is not an April Fool’s joke: video conferencing startup Vidyo — the same company that powers the ultra-popular Google (s GOOG) Talk video chat client — has raised a $25 million Series C round of financing, it announced today. With the new cash, Vidyo plans to aggressively expand its sales and marketing efforts to take on networking giants like Cisco (s CSCO) in the desktop and room-based telepresence market.

All of Vidyo’s existing investors, including Menlo Ventures, Rho Ventures, Sevin Rosen Funds and Star Ventures, came out for the financing round, which was led by Four Rivers Group. The new cash follows a $15 million funding round that Vidyo closed just over a year ago. With the latest round, the video conferencing firm has now raised a total of $63 million since being founded in 2005.

At a time when financing is hard to come by, a $25 million investment is virtually unheard of. So how did Vidyo manage to raise so much cash, and what does it plan to do with it all? Read More about Vidyo Scores Monster $25M Funding Round