Jul 5, 2009
Story Timeline: 142 days
Incoming Chairman Genachowski is likely to act on President Obama's objectives for broadband penetration, net neutrality, and diversity The new FCC chief is close to Obama and will have clout aplenty Robert Giroux/Getty Images After years of dealing with a regulator many considered an autocrat and ideologue, executives in media, telecom, and technology say they are encouraged by President Barack Obama's newly confirmed chairman of the Federal Communications Commission. Julius Genachowski, like most FCC chiefs, is a lawyer. But there the similarities with his predessors end. Genachowski helped media mogul Barry Diller build his e-commerce empire and worked as a venture capitalist. Those experiences arguably give him a broad view of the industries he will regulate. Genachowski is also considered fair and pragmatic. Executives...
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