The Federal Communications Commission just killed net neutrality. The agency voted to repeal regulations that make the future of the internet and the way consumers use it a lot murkier. Andrew McCollum, CEO of Philo, an internet television company that recently introduced a streaming live TV service, joined us to share why he is worried about a world without net neutrality.
The FCC voted to reverse a 2015 decision by the Obama Administration that aimed to protect Americans on the internet. McCollum is concerned that without the regulations, services like Philo become prone to "unfair prioritization by internet providers." It's not only a loss for companies. He believes strong net neutrality rules also protect the consumer.
As a co-founder of Facebook, McCollum says he got a glimpse of how difficult it would be for companies to innovate in a world without protections for net neutrality. He shares that colleges that did not like Facebook would block students from gaining access because they acted as the internet providers. With such limitations, he questions whether an era of internet innovation is coming to a halt.
JPMorgan Chase celebrates black culture and our communities every day as we continue to celebrate Black History Month. Cheddar News is highlighting prominent Black Americans who are carving their own historic paths and trailblazing in their industries. Today we turn our focus to one leader helping shift the culture of amateur sports across the U.S through esports. CEO and Founder of PlayVS, Delane parnell, joined Cheddar to discuss more.
Oliver Gale, CEO and Co-founder of Panther Protocol, explains why the crypto industry is seeing a new wave of enthusiasm from Ukraine and discusses if any crypto-related sanctions can be placed on Russia due to the ongoing invasion.
Worker-first platform WorkWhile has raised $13 million dollars in a Series A round led by Reach Capital. WorkWhile says it connects the right workers to the right shifts. Hourly workers can use the company's platform to choose when, where and how they want to work. WorkWhile also says it hopes to help companies address the current labor shortage in the U.S. Jarah Euston, CEO and founder of WorkWhile, joins Cheddar News' Closing Bell to discuss.
