New York Sues over Net Neutrality, and an Early Uber Investor Leaves His Company
New York Attorney General Eric Schneiderman filed a suit to block the FCC from repealing net neutrality protections. The state's top lawyer says the agency's move is "illegal" and that its system to collect comments on the issue was "corrupted."
Plus Shervin Pishevar, one of Uber's early investors and an executive at Virgin Hyperloop One, stepped down from his venture capital firm amid allegations of sexual harassment. He says he's focused on the legal battle against those launching a "smear campaign" against him.
And is Twitter up for sale? A picture posted by Goldman Sachs CEO Lloyd Blankfein with the social media platform's Jack Dorsey sparked speculation that the two might be working on a deal.
Elon Musk is back on top of Bloomberg's ranking of the richest people on earth. The billionaire lost his position to Bernard Arnault, who helms French high-fashion conglomerate LVMH, in December of 2022, as Tesla's stock declined significantly amid a broader market downturn.
Dan Geltrude, managing partner with Geltrude & Co., joined Cheddar News to explain federal income tax requirements for college students and when they are obligated to file a return.
Starting March 21, McDonald's will expand its partnership with Krispy Kreme to approximately 160 locations across Louisville, Lexington, and the surrounding area.
