Sep 1, 2018

California passes strict net neutrality legislation

State capitol building, Sacramento, California. Photo: Education Images/UIG via Getty Images

The California Senate passed the toughest state net neutrality legislation yet that, if signed by Gov. Jerry Brown, would make it the fourth state to adopt net neutrality laws after the FCC abolished federal rules last year.

Why it matters: California is home to a large proportion of the tech industry and has such a large economy that legislation passed there can cause a domino effect with other states and create big headaches for telecom providers operating there. It also sets the stage for a states vs. federal legal battle that could lead the Supreme Court to finally settle the question of whether broadband providers can (and should) be banned from throttling or blocking certain traffic on their networks.

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Fauci: U.S. "starting to see glimmers of hope" in new coronavirus cases

The U.S. is starting to see "glimmers of hope" when it comes to the coronavirus pandemic, despite recent increases in the rate of reported deaths due to the illness, Dr. Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases, told Fox News.

The big picture: Fauci said deaths generally lag behind the number of new cases and hospitalizations. The latter two indicators are what's "fueling the outbreak," Fauci said. He pointed to stabilizing or decreasing numbers of key indicators in New York as a sign that "we should start to see the beginning of a turnaround," after this week.

Big Tech's summer internships go digital

Illustration: Aïda Amer/Axios

The major tech companies are scrambling to craft digital options for this year's summer intern class, as businesses remain shuttered due to the coronavirus pandemic.

Why it matters: Internships serve as key learning opportunities for students, but are also critical for the recruiting and diversity efforts of the Big Tech companies who compete fiercely for college talent.

Scoop: Staples refuses to pay landlords for April rents

Illustration: Aïda Amer/Axios

Staples recently informed landlords that it will not pay April rents for its U.S. stores, even though the locations remain open, Axios has learned.

Why it matters: Commercial landlords are stuck in a tightening vise, forgiving or deferring payments from shuttered tenants while still needing to meet their own mortgage obligations.