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 independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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