Neutrally. The content was neutral, Net Neutrality. People really like youtube. They preferred youtube to glool video. And youtube thrived. Enemy fact, in 2006, google bought it for a stock valued at 1. 65 billion. Its a nice chunk for three guys over a pizza restaurant in san mateo. Its not just Tech Companies that rely on an open internet. A coalition that includes visa, bank of america, u. P. S. And ford explained that, quote, every retailer with an online catalog, every manufacturer with online product specififications, every specifics, every Bank Offering online account management, every company with a website, every business in america interacting with its customers online is dependent upon an open internet. Unquote. I repeated this quote on the floor and at rallies time continue time again over the years because i think it perfectly exemplifies the importance of this issue. Preserving Net Neutrality is only controversial for the few deeppocketed entities that stand to financiall
Bill ackman taking 5. 5 in mondalez. Those subscribers worries that originated with disney. A trio of stocks tesla, Green Mountain and fitbit, hit hard. Our top stories are mondalez shares spiking. Bill ackman disclosing that 5. 5 billion shake in cadbury. They welcome Pershing Square as investors and will continue to focus on executing our strategy as we look at another sector where mass sick consolidation is the play. We have been through airlines and health care. Now, it is food. We can remember that nelson felts has a 2. 9 stake. I have to turn to you, david, with more than 10 being held by you. I have to expect that. Thats got to be the expectation in terms of the play for ackman jim. You and i have talked behind the scenes about what it was going to be. I have been chasing this for some time as many have. I have probably put on alert more bankers than we know about. I thought, what could it be what could it be . I dont think any of us would have expected it would be mondelez. The
But in particular with regard to underground Natural Gas Storage, theres a very collaborative atmosphere over the course of two decades already worth of information study and sharing, and now with the recommended practices that have been developed, the question now is how do we best set the minimum Safety Standards that could be national in nature and then recognizing that any state could of course go beyond those minimum Safety Standards and advance whatever additional Safety Measures they would want to undertake that are specific to their particular operating atmosphere. We have two more and then well come back here. We have about five minutes left so maybe if i can take all four quickly but you have to be quick. I want to see, are you issuing like a notice of proposed rule making for these underground gas storage standards or is it something else. If it is a notice, are you trying to finalize it later this year also . Hold on. Raise your hands if you had one just so she can find you
There is a yen and again. I get the sentiment. I want to correct the record where i can. Dan diamond a very provocative way to end the panel. If you disagree or agree with any panelists, find them in the lobby. Ununfortunately, no more time for questions. For those of you in the room, thank you very much. Those watching on the live stream, thank you also. A final thank you for philips. Make sure to join us for cocktails. Please drink responsibly. Do not share your medical information. Thank you, everyone. Thank you. [captions Copyright National cable satellite corp. 2016] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] announcer tomorrow, president obama gives the commencement speech to students at rutgers university. Coverage begins at 12 50 on cspan. Fcc chair tom wheeler dement defended the privacy rules for Internet Service providers. He testified before the Senate Judiciary subcommittee on te
73 degrees. 71 percent humidity. Temperature wise across the area we have 60s north and west, lower 07s as we cross the i95 corridor. Across the area we are looking at warming conditions 80 degrees by lunch. If you had your lunch outdoors yesterday you can do it again today. Couple stray thunderstorms in the the afternoon 86 the high, we will talk about colin and better rainfall chances area wide with the seven day forecast, bob, how is traffic. We have sunshine causing delays in the form of sun glare. Here you go eastbound bam right here conshohocken curve where that sun hits you coming inbound in toward philadelphia, westbound just watch it as trucks sitting right here near gulph mills hugging the shoulder. Jam on on i95 from cottman avenue in through girard, pack your shade, we will need them, sun glare with all of the normal spots eastbound on the pennsylvania turnpike an accident near Fort Washington, and then also some construction crews out here near willow grove and sun glare f