Axios

The Federal Trade Commission (FTC)'s major move towards crafting data privacy rules is the latest signal of a potential end to Big Tech's expansive use of online data. As people grow warier of the online trails of digital data they leave behind, the lack of data privacy protections in the US has increasingly become a glaring source of concern for many. The FTC voted 3-2 along party lines to seek comment on the harms of "commercial surveillance" and whether privacy rules are needed.

Cable companies have managed to stay afloat amid the cord-cutting crisis thanks to their booming broadband businesses. But some analysts see that safety net beginning to fade. Jonathan Chaplin, managing partner at New Street Research, said that the firm has lowered its broadband subscriber estimates for the second time in 2022 for both Charter and Comcast. "We have limited conviction in a quick recovery, given limited visibility all around," he said regarding Charter. "We are hoping for a turnaround later in the quarter but have low conviction," he added about Comcast.