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Posted at 8:53 AM ET, 12/ 8/2010

Net neutrality, China Peace Prize, and tax deal: Need-to-know news

By Melissa Bell
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A woman wears a badge asking for the release of Liu Xiaobao outside the legislative council in Hong Kong before heading to the Nobel Peace Prize ceremony in Oslo. (Mike Clarke/AFP/Getty Images)

Morning news to know:

NASA

NASA sold computers with sensitive data relating to the space program, MSNBC reports. As part of its plan to end the Space Shuttle program, hard drives were supposedly wiped of data and sold to the public, but an audit Tuesday showed that data still remained on the computers.

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Tax Deal

As the debate rages over the tax deal President Obama and the GOP have reached, The Post's graphic team breaks down what the plan entails, what it means to workers and what the impact will be on the economy.

Jon Stewart on "The Daily Show" envisioned the way it would go if the business leaders could say the number they would like to pay: "It's round, but inside it's completely hollow."

The Daily Show With Jon StewartMon - Thurs 11p / 10c
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China Peace Prize

China and 19 other countries will not attend the Nobel Peace Prize ceremony out of protest to this year's nominee, Liu Xiaobo. But China will offer an award ceremony all the same: the newly created "Confucius Peace Prize," which the Associated Press reports will "interpret the viewpoints of peace of (the) Chinese (people)," the awards committee said.

The first honoree will be Lien Chan, Taiwan's former vice president, who reportedly eased tensions between Taiwan and mainland China.

Lien Chan beat out Bill Gates, Nelson Mandela, Jimmy Carter, Palestinian leader Mahmoud Abbas and the Panchen Lama, the second-highest figure in Tibetan Buddhism, and the Dalai Lama's replacement hand-picked by Beijing.

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Net Neutrality

The fight over net neutrality heats up as details emerge over the Federal Communications Commission's proposal to regulate Internet providers. The Post's Cecilia Kang reports that the FCC plan would generally prohibit broadband service providers from creating a two-tiered system that would allow certain Internet traffic faster service, but there could be a provision that would charge users who consume more data. It would be a type of "pay-as-you-go" access.

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By Melissa Bell  | December 8, 2010; 8:53 AM ET
 
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