Verizon stated that while it’s offering an unlimited data plan for new iPhone 4 subscribers, they reserve the right to throttle the connections of those hogging data. The restrictions are for the top 5% of bandwidth-consuming users, and only when the usage is affecting surrounding customers. In other news, telecomm company Vodafone claims that Egypt forced them to send propagandistic text messages to its customers. The pro-Mubarak statements urged people to “confront the traitors” and even signed the message with Vodafone’s name. The company says the texts had been sent since the beginning of the protests without their control. And finally, the Consumer Financial Protection Bureau is attempting to crowdsource fraud reports. The new agency aims to be a “21st century regulator” and has launched the website ConsumerFinance.gov to help consumers report malicious companies. By using the Internet, the agency hopes to detect issues in the market much sooner.
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