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.
An Illinois jury ruled this week that several major egg producers conspired to limit the U.S.'s supply of eggs in order to raise prices in a case stemming from a federal lawsuit originally filed 12 years ago.
Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells.