Disney made it official this morning, announcing it would buy assets of 21st Century Fox for $52.4 billion. As part of the deal CEO Bob Iger will stay on at the top spot until 2021, and Fox will spin off its News & Sports networks.
Plus the FCC is getting ready to vote on whether to repeal net neutrality rules. But the agency's chief technology officer, who was appointed to the position by the current chair, says a rollback is not in the best interests of the public. The regulations, put into place by the Obama administration in 2015, prevent internet providers from slowing down content speeds or favoring certain companies.
Elf Labs CEO, David Phillips, speaks to Cheddar about how the company came to be and how it is bringing forth fairytale characters in new and exciting ways.
Don’t panic just yet, but it's starting to look like the economy is slowing down… AKA heading into what one analyst calls a ‘mild form of a recession.’