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.
The Butterball Turkey Talk-Line has been answering the questions of stressed-out Thanksgiving hosts for decades, but this year it is turning to Amazon Alexa to modernize how it helps with turkey prep.
These are the headlines you Need 2 Know for Wednesday, Nov. 21, 2018.
Amazon is reportedly looking to expand its foothold in live programming, with an eye on the 22 regional sports networks that Disney must spin off as part of its acquisition of 21st Century Fox. For Amazon, it would be the extension of a grand strategy that has been both simple and consistent: drive more Prime subscriptions.
The U.S. stock market plunged on Tuesday ahead of the Thanksgiving holiday, mostly fueled by investors abandoning tech stocks. Following disappointing earnings, declines in Target and select retailers pulled the retail sector and the markets lower still.
It was another rough morning for the markets as the tech sector continued to drag down the major indexes. Retailers such as Target, Kohl's, and Lowe's were also trading lower after reporting disappointing quarterly earnings results. Plus, Cheddar sits down with actress Michelle Rodriguez and director Robert Rodriguez to hear about their new VR film 'The Limit,' now available across all VR headsets.
There's a civil war underway in cryptocurrency ー and it's shaking investor confidence in the very foundation of the blockchain.
What role exactly does Facebook play in society? Does it do more good than harm ー or more harm than good? Is it too big to control? Existential questions like these are beginning to circulate as the world's largest social network finds itself embroiled in yet another state of crisis.
PlayVS, a start-up created to build an infrastructure for high school esports, has announced a new Series B funding round of $30.5 million, led by Elysian Park Ventures, a firm that operates on behalf of the Los Angeles Dodgers ownership group. The new funding will also bring in new investments from Adidas, Samsung NEXT, and Plexo Capital, and angel investors include Sean “Diddy” Combs.
Apple talks a big game on customer privacy -- but that hasn't stopped it from making billions through its partnership with ad-based search engine Google. In an interview with Axios on Sunday, Apple ($AAPL) CEO Tim Cook defended his company's relationship with the world's leading search engine, and discussed the potential for regulation in tech, which he considers inevitable.
Snap Inc.— the maker of Snapchat — is planning to release a new version of its Spectacles glasses with two cameras and a higher price point of $350 by the end of the year, Cheddar has learned.
