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at the American Sustainable Business Council, says start-ups stand to lose the most if and when net neutrality is repealed.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.
California Governor Gavin Newsom is projected to keep his job. Around two-thirds of the votes have been reported, and roughly 64% of those votes are in favor of keeping Newsom as their governor.
Daniel Strauss, senior political correspondent at The New Republic, joined Cheddar's Opening Bell to discuss more about what Newsom's win means to both political parties moving into Midterm elections season.
The Department of Justice is suing Texas over the state's new abortion law that prohibits abortions after six weeks, well before many women even know they're pregnant. The lawsuit argues the law is unconstitutional under long-standing Supreme Court precedent. It was filed last week in federal court in Texas, but could go all the way to the high court within weeks. Josh Blackman, a constitutional law professor at South Texas College of Law Houston, discusses the DOJ lawsuit and what it could mean for other abortion laws across the country.
26 states have now fully vaccinated more than half of their population with Vermont, Connecticut, and Massachusetts fully vaccinating at least two-thirds of their residents. These three states are among the ones with the lowest new Covid-19 cases per capita, but in states with low vaccination rates, hospitals are filling up again.
Dr. Rob Davidson, ER doctor and executive director of Committee to Protect Health Care, joined Cheddar's Opening Bell to discuss more.
The Biden Administration has officially extended a ban on a Trump-era policy that prohibits traveling with a U.S. passport to North Korea. The extension is expected to last until August 2022. The ban was initially enforced after the death of Otto Warmbier, who entered a vegetative state while in North Korean custody. Advocates against the ban argue that it has caused crippling impacts on Korean Americans who have not been able to reunite with their families back home. Senior Fellow at The Foundation For Defense of Democracies Anthony Ruggiero joined Cheddar's News Wrap to discuss more.
