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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
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Charter agrees to play by government’s new Internet rules

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Victor Luckerson
Victor Luckerson
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By
Victor Luckerson
Victor Luckerson
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June 25, 2015, 3:46 PM ET
Charter Communications Buys Time Warner Cable In $79 Billion Deal
Charter Communications's office in Newtown, Connecticut is seen May 30, 2015. Photograph by Yvonne Hemsey — Getty Images
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Charter is ready to go above and beyond the government’s requirements for maintaining a free and open Internet, as long as it gets to merge with Time Warner Cable. The cable and Internet giant submitted a statement to the Federal Communications Commission Thursday explaining why the proposed merger between the two companies, along with Bright House Networks, is in the public interest.

If the merger is approved, Charter said that it would not block or throttle certain types of Internet traffic or prioritize certain content in paid “fast lanes.” These are central tenets of net neutrality rules which the FCC recently reenacted, but Charter is agreeing to adhere to these standards even if the new regulations are later ruled illegal (it’s happened before).

Charter also said it would submit disputes over interconnection agreements to the FCC. Interconnection is how ISPs like Charter transfer traffic from content services such as Netflix into people’s homes. The agreements have come under increased public scrutiny over the last year due to drawn-out debates between Netflix and Internet companies like Comcast and Verizon.

Even with these promises, there’s no guarantee that the FCC will approve the merger, which would give Charter about 19 million broadband customers and 17 million TV customers. Comcast dropped a bid to acquire Time Warner Cable earlier this year after it became clear that the FCC was unlikely to approve the deal.

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