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Julius Genachowski to Head FCC: Report

Stock quotes in this article: AMZN , GOOG , MSFT , LVLT , CTXS  

Barack Obama is poised to appoint technology guru Julius Genachowski to head the Federal Communications Commission, according to a report in The Wall Street Journal, although there is still no sign of the President-elect's Chief Technology Officer (CTO).

Genachowski, who was one of the hot favorites to become Obama's cabinet-level tech czar, is Obama's choice to head the FCC, said the report, which cited an unnamed source within the Democratic Party.

The co-founder of technology investment firm LaunchBox Digital and former chief counsel to ex-FCC chairman Reed Hundt is a long-standing friend of Obama and is one of the people credited with molding the the former Illinois senator's high-tech election campaign. ...

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