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Oracle cheers net neutrality rules rollback

Kiichiro Sato / AP

Tech giant Oracle stands behind Republican FCC Chairman Ajit Pai's proposal to roll back the current net neutrality rules. From a letter to Pai filed this week:

"Given these technical and economic realities, we applaud your leadership in considering restoration of the 'information services' classification to broadband internet access service."

Why it matters: Silicon Valley firms are generally thought to be supportive of the current rules. But Oracle and some other firms have bucked that tide and could provide Pai with at some support from tech as he moves forward with his plan.

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