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at the American Sustainable Business Council, says start-ups stand to lose the most if and when net neutrality is repealed.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.
Jill and Carlo discuss what appears to be the beginning of the end of Roe v. Wade, another victim dies following the school shooting in Michigan, Omicron in the U.S., Trump's Covid chronology and more.
The Supreme Court appeared prepared Wednesday to uphold a Mississippi law that would ban almost all abortions after 15 weeks of pregnancy. The ruling is far from over, with Roe V. Wade at risk. Susan Rinkunas, senior reporter at Jezebel, joins Cheddar News to share the developments of the hearing.
The nine justices heard arguments Wednesday, around a Mississippi abortion law that bans the procedure after 15 weeks and appeared to lean toward upholding the law, while leaving uncertainty about the landmark precedent, Roe v. Wade. Kristin Ford, vice president of communications and research at NARAL Pro-Choice America joins Cheddar News to discuss.
Just about a week after being re-nominated, Federal Reserve Chair Jermone Powell is changing his tune. After nearly a year of referring to inflation as 'transitory,' Powell said he will retire the 'T' word as inflation remains elevated. Christopher Russo, Post-Graduate Research Fellow, Mercatus Center joined Cheddar's Opening Bell to discuss.
Airbnb has come under fire after an Axios report found that the rental company has properties available in China's Xinjiang region where the nation has been accused of committing genocide against Uyghur Muslims, demolishing their homes, and replacing them with tourist attractions.
With the emergence of the omicron variant, the U.S. is considering tightening international travel guidelines. The CDC said it might reduce the window for foreign travelers to submit a negative COVID-19 test from three days prior to one day before allowing entry.
Jill and Carlo cover the latest on Omicron, another school shooting in America and more. Plus, bidding farewell to 'transitory' inflation, and the controversy surrounding 'Lovely Bones' author Alice Sebold.