The Federal Communications Commission voted along party lines to reverse Obama-era internet regulations, potentially changing the way Americans use the internet. Sarah Morris is the Director of Open Internet Policy at New America's Open Technology Institute, a group fighting the FCC ruling.
The Open Technology Institute (OTI) has started the process of challenging the FCC in court. Morris says she was surprised to see the regulations come tumbling down, but is confident the FCC decision will not stand.
Additionally, Morris says she is worried about the implications of the ruling, particularly about internet service providers blocking content in a politically charged environment. She adds that OTI is 'in it to win it,' and the group will continue to fight for consumers. Morris is confident she has the backing of lawmakers on Capitol Hill, as well as people across the country.
Now Facebook is extending an olive branch and allowing some top media companies, including the Washington Post, New York Times, and News Corp, to share in the profits.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
UC Berkeley's Seismological lab is working to give people state-wide a heads-up next time a quake comes their way with the new MyShake app for iPhones and Androids.
Under the agreement, Softbank will inject The We Company with $5 billion of new financing. Embattled founder and ex-CEO Adam Neumann reportedly will step down from the board with a buyout of up to $1.7 billion.
These are the headlines you Need 2 Know for Wednesday, October 23, 2019.
Despite the earnings wins and stock prices that have skyrocketed 154 percent year-to-date, Snap's fourth-quarter guidance came in a little lighter than analysts expected.
The surprise announcement, which sent shares up nearly 40 percent in early trading hours, comes months after Biogen discontinued research on the drug.
Robinhood got a head start six years ago with its fresh, easy-to-use trading platform and a mission to democratize the financial system by not charging commission fees. But now, with the major brokerages dropping their own commission fees to zero, it’s a new era for rising competitors.
David Marcus, the head of Facebook’s Calibra, reportedly told banking seminar attendees that the project is open to having a series of stablecoins pegged to specific government-backed currencies.
CEO Christophe Georges of British luxury automaker Bentley Motors said the company's first, fully electric vehicle will be in showrooms by 2025, with plug-in hybrid models arriving in 2023.
