FCC rolls back net neutrality, Disney to buy 21st Century FoxThe major tech stories from this week include the death of net neutrality, Disney's intention to buy 21st Century Fox and Nintendo's incredible Switch sales numbers.
This is CNet and here are the stories that matter right now. As expected, the U.S. Federal Communications Commission voted three to two to repeal net neutrality rules in place since 2015. Those regulations ensured that all traffic on the internet is treated equally and prevented broadband and wireless providers from blocking or slowing online content. The FCC will also be handing over a lot of Internet oversight authority to the Federal Trade Commission. In a landmark deal, Disney is buying 21st Century Fox after certain businesses are spun off. The deal is for 52.4 billion in stock and 13.7 billion in debt. So the entire acquisition is in the neighborhood of $66 billion. Disney gets 21st Century Fox's film and television studios, cable networks and international TV businesses. Disney was quick to point out the deal also brings the company the film and TV rights to the X-Men Universe, Avatar, In the Simpsons. Disney is also picking up Fox Regional Sports Networks which should fit in nicely with Disney's ESPN. And finally Nintendo has just announced the company has sold an impressive 10 million units in just the nine months the hybrid council has been available. Nintendo plan to ramp up production in 2018 To meet the demand it struggled to meet. You could stay up-to-date with latest by downloading the CNET Today app in the Apple or Google Play store.