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.
Cheddar anchors Kristen Scholer and Hena Doba break down the global chip shortage and how one company in Taiwan, TSMC) controls most of the world's supply.
Cheddar Climate is highlighting the automotive industry and the steps its leaders are taking to reduce carbon emissions.
Jesse Ortega, executive chief engineer, about Chevy's electric SUV offering and its ambitions for expanding its brand in combatting climate change.
Nadine Philipp, head of sustainability at BMW, spoke with Cheddar about the luxury car brand's deal with Emirates Global Aluminum.
Beachbody is hitting the public markets in a three-way deal that values the fitness and nutrition business at $2.9 billion.
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.
Bumble, known for letting female users make the first move, opened on the Nasdaq at $76 per share on Thursday afternoon.
Cheddar explains the Lightbulb Moment when Hedy Lamarr, the international movie star, formulated the basis for the wireless networking tech the world uses today.
Marc Randolph, co-founder and former CEO of Netflix, thinks there's only one other challenger to the streaming pioneer among other services like Disney Plus, Amazon Prime, and more.
Wellness 4 Humanity is testing out COVID-19 related vending machines. Items include tests kits and PPE. Cheddar's Chloe Aiello reports.
