The Webby Awards Executive Director: It's A Very Sad Day For The Internet
The Federal Communications Commission voted to rollback net neutrality rules on Thursday. The Webby Awards Executive Director David-Michel Davies responds to this announcement.
"It's a very sad day," said Davies. "Everybody who makes things for the internet thinks this is a terrible decision." After the vote, Netflix tweeted, "We’re disappointed in the decision to gut Net Neutrality protections."
Davies says his concern is that we ultimately do not know how this decision will impact creators and users of the internet. When looking at a newer media start-up like HQ Trivia, Davies says he doesn't know how telecommunications companies will impact smaller creators like this start-up.
Macy’s is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn’t provide a viable financing plan. The firms offered $21 per share for the stock they don’t already own.
Sports Illustrated's employee union said in a statement that the layoffs would be a significant number and possibly all, of the NewsGuild workers represented.
CEO and founder of Pinstripes Dale Schwartz shares his thoughts on taking the company public, why they're set for growth this year, and why he's not concerned about inflation weighing on the restaurant sector.
With hype continuing to build for A.I. projects, expert insight on what companies seem poised to benefit, plus how it will impact the lives of everyday consumers.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
