AT&T-Time Warner Merger Spells Trouble for Tech Companies
Companies like Netflix, Amazon, and Google have to figure out how to compete with media companies that control distribution channels, which is particularly "troubling" without net neutrality, says Brian Fung, policy reporter at the Washington Post.
For the full interview, [click here](https://cheddar.com/videos/will-at-and-t-time-warner-deal-set-off-a-merger-spree).
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.