The internet industry is suing California over its net neutrality law | Money CNN

The internet industry is suing the state of California over its days-old net neutrality law.

The lawsuit, filed on Wednesday by major trade groups representing broadband companies, is the second major lawsuit filed against the state over the law — the first was brought by the Justice Department.

On Sunday evening, California Governor Jerry Brown signed what is considered to be the strictest net neutrality law in the country. Under the law, internet service providers will not be allowed to block or slow specific types of content or applications, or charge apps or companies fees for faster access to customers.

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Yelp is having a truly brutal day | Mashable

“Yelp needs help” was the joke of finance Twitter Tuesday, as the company’s stock plummeted down by more than 28 percent in after-hours trading.

That’s an extreme dip and a bad look for a company that has been desperately attempting to climb back to its heights of 2014. Yelp’s stock was ripped to shreds after the company reported sales under analysts’ forecasts and also slashed its own revenue estimates for the year.

In other words, we didn’t do as well as people had expected, and the future isn’t looking great either.

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