The Tech Companies That Stand To Lose The Most From Net Neutrality Repeal
In a 3-2 decision, the FCC voted to repeal net neutrality. The battle over internet regulation will now likely head to the courts.
Digital Trends Editor-In-Chief Jeremy Kaplan discusses who will be hit the hardest if and when the regulations go away. Big tech companies like Netflix and Facebook are at the top of the list. They have the largest amount of traffic and require the most data to reach their hordes of users.
Without net neutrality, carriers such as Verizon and AT&T could restrict data speed to specific sites. Supporters of net neutrality argue that repealing the regulations will lead to a tiered data system. Customers would have to pay extra to access the most popular and data-heavy sites.
Sketchers is yet another retailer to announce its entrance into the realm of the metaverse. The footwear company will be launching virtual clothing as well as an experiential store in Decentraland.
Cheddar catches up with Edwina Fitzmaurice, EY Chief Customer Success Officer, at South by Southwest in Austin, Texas to break down why artificial intelligence will not replace the jobs of humans, and why creatives are leading the way towards the metaverse.
As the Russia-Ukraine conflict continues to grow, so do concerns over the impact it could have on the international space community, and more specifically, the International Space Station. Those concerns come after Dmitry Rogozin, the director of Russia's state space agency, posted several tweets over the last few weeks in which he threatened to 'destroy Russia's cooperation on the ISS.' Olympia LePoint, rocket scientist and author of 'Answers Unleashed II: The Science of Attracting What You Want,' joined Cheddar News' Closing Bell to discuss.
U.S. markets closed the day at session lows as the Dow marked its fifth straight week of losses. Investors continue to weigh inflation and the ongoing Russia-Ukraine war and growing economic risk factors. George Seay, CEO of Annandale Capital, joins Cheddar News' Closing Bell to discuss.