We recently published our new KROST Quarterly Magazine which is packed full of articles and insider knowledge focusing on tech topics. Here is an excerpt from the article “Accounting for Net Neutrality” by Assurance & Advisory Director Keith Hamasaki, CPA:
“When it comes to technology nothing has taken the business world by storm like cryptocurrency. However, something that slid under the radar and continues to slide under the radar with an everlasting impact are the changes to the Net Neutrality Rules.
Net Neutrality is dead, but what does this even mean?
Net Neutrality is the concept that all internet is created equal. The idea of Net Neutrality forbids selective “throttling” or slowing down the internet for certain content providers (i.e. websites).
In December 2017, the Federal Communications Commission voted to repeal Net Neutrality Rules. The overwhelming fear is that consumers will have content either blocked or throttled while trying to access websites or delivery of content. Throttling or blocking content will push businesses to pay internet providers additional fees to maintain consumers’ current internet experience. The change is expected to be a…” Continue here