The Latest News:
- In a win for small Internet companies of tomorrow, U.S. President Barack Obama is proposing an open Internet with equal transmission speeds for all, Bloomberg reports.
- The proposal aims for an explicit ban on Internet service providers from being able to demand extra payments for quicker content and data load times.
- Some have argued that a premium internet highway would unfairly benefit larger internet companies that have the deep pockets to pay for preferential treatment, which would stifle innovation.
- “For startups, our advantage over a big company is we move fast,” Zach Supalla, chief executive officer of Spark Labs, said in the article. “If something starts to slow us down, that’s where we start to lose our advantage over the bigger guys who obviously have a lot more resources.”
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Max Chen contributed to this article.