TECHNOLOGY & TELECOMMUNICATIONS

NBC Calls Truce With Fox: NBC withdrew on Friday a complaint challenging the Fox network’s ownership structure. NBC’s action will not affect a separate Federal Communications Commission investigation into Fox’s ownership because the network is not a party to that case, said Richard Cotton, NBC’s general counsel. NBC said it dropped the petition because the company had succeeded in doing what it had intended to do: turning up the regulatory heat on Fox and convincing the FCC to re-examine its foreign ownership rules. Citing common political interests in pending telecommunications reform legislation, NBC officials said it makes more sense to work with Fox in Washington rather than fight.