Who Stands To Win and Lose When Net Neutrality Goes Away
Net Neutrality regulations go by the wayside in 2018 unless Congress votes to block the FCC's decision to repeal the regulations. So who wins and who loses when the time comes?
Ryan Rabac, Manager of Digital Marketing at the American Sustainable Business Council, says start-ups stand to lose the most if and when net neutrality is repealed. The ASBC argues that the cost of entry for new businesses will be higher as digital companies pay to receive preferential speeds in the new internet normal.
Who wins? Rabac says that the only winners will be the large telecom companies who supported the repeal. Companies like Verizon and Comcast have more control over what they charge for spectrum use.
While major digital companies like Netflix could have to pay more since they use so much data, Rabac argues that they won't be as negatively impacted as start-ups because they have the money to afford it.
The average city in California has a 38% higher cost of living than the average American city, according to a cost of living index. For many, the general minimum wage of $15/hour just doesn't cut it. Anti-poverty activist Joe Sanberg wants to get the minimum wage changed to $18/hour. He joins Cheddar News to discuss the Living Wage Act of 2022.
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President Biden has announced an additional $800 million in military assistance to Ukraine, including artillery, armored personnel carriers, and helicopters. It comes as Russian forces appear to be preparing for a new, aggressive offensive in the eastern part of Ukraine. Paul McLeary, defense reporter for Politico, joined Cheddar to discuss this new round of aid and what it means for the U.S. commitment to arming the embattled country.
Catching you up on what you need to know on April 18, 2022, with Russian missile attacks on the Ukrainian city of Lviv killing seven, mass shootings in South Carolina and Pittsburgh, Lucky Charms cereal under official investigation by the FDA, and more.
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