Yeah Obama!!
Obama Rules Protect Startups Connecting Gadgets to Web
Barack Obama’s proposal for an open Internet would be a victory for Netflix Inc. and its binge-watching users and may be a bigger boon for a generation of startups working on tools to connect cars, thermostats and even offshore oil rigs to the Web.
In urging the U.S. Federal Communications Commission to regulate broadband under the “strongest possible rules,” the president aligned himself with Netflix Inc., Reddit Inc., Yahoo! Inc. and others that contend equal transmission speeds are better for their customers. He proposed an explicit ban on Internet-service providers being able to demand extra payments for speedy delivery of content and data.
Startups as varied as smart-device maker Spark Labs, inventor Quirky and electric system Avi-on are working on chips and software that can do everything from entertain your dog with an Internet-connected toy to hooking up all the lighting in your home to the Web. The open Internet should be of interest to everyone in the U.S., as more and more devices are digitally connected for remote monitoring.
Having to pay for a priority lane for data over the Internet could stifle innovation in the budding industry for Web-connected devices, which research firm IDC expects to reach $3 trillion by 2020, up from $1.3 trillion this year.
more:
http://www.bloomberg.com/news/2014-11-11/obama-rules-protect-startups-connecting-gadgets-to-web.html
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