Bold Breakthroughs

Obama's Other Running Mate: Tech

Stock quotes in this article: GOOG , AMZN , MSFT , IBM , ATHN , EDS , HPQ , YHOO  

The Universal Service Fund aims to ensure that consumers across the country have the same access to telecommunication services and pay similar rates. Obama's tech plan says the fund will include "affordable broadband" and "previously un-served communities" will become top priority. The senator has not set a timetable for when this change will be made.

In a video released in the last days of his campaign, Obama promised to enforce tough antitrust laws "to keep the door open for the next-generation of startups."

While this will undoubtedly play well with Silicon Valley entrepreneurs, it will be interesting to see what impact the strategy will have on technology giants Microsoft, Google, and Yahoo! (YHOO Quote) who are hardly strangers to antitrust battles.

Obama did not mention technology during his acceptance speech late Tuesday, making only fleeting reference to America's scientific achievements. There is little doubt, though, that the new president's time in the White House will offer significant opportunities and challenges for the tech sector.

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