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November 27, 2017 10:00 pm

Reddit, Twitter, and 200 Others Say Ending Net Neutrality Could Ruin Cyber Monday

An anonymous reader shares a report: More than 200 businesses and trade organizations have signed a letter to the FCC asking that the agency reconsider its plan to end net neutrality. The letter is signed by an array of big and recognizable tech and web companies: that includes Airbnb, Automattic (which owns WordPress), Etsy, Foursquare, GitHub, Pinterest, Reddit, Shutterstock, Sonos, Square, Squarespace, Tumblr (certainly to the displeasure of its owner, Verizon), Twitter, and Vimeo, among quite a few others. The letter is being released on Cyber Monday and speaks directly to the internet's constantly growing role in the US economy. "The internet is increasingly where commerce happens," the letter says. It cites figures saying that $3.5 billion in online sales happed last year on Cyber Monday and $3 billion on Black Friday. Throughout all of last year, online purchases accounted for $400 billion in sales.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/-G4KFbx4g8I/reddit-twitter-and-200-others-say-ending-net-neutrality-could-ruin-cyber-monday

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