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Facebook pledges $1B to help fix California’s housing crisis (good luck with that)

Facebook today announced it was partnering with the state of California to try and fix the state’s housing crisis. It’s promised $1 billion from its redoubtable coffers — which sounds generous until you realize it’s companies like Facebook that are both feeding the problem and feeling its effects. According to Facebook CFO David Wehner, the company has committed to the amount, broken down into specific projects to improve the state. $150 million, for example, will go towards building affordable housing in the San Francisco Bay Area. It also wants to build “essential worker housing,” intended to “fund construction of housing… This story continues at The Next Web Or just read more coverage about: Facebook https://ift.tt/2MQF792 Read full article: The Next Web
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Ajit Pai wants to abolish federalism so Verizon and AT&T can throttle your data

When AT&T, Verizon, Comcast, and other telcom giants purchased a net neutrality repeal from FCC shill Ajit Pai, it must have occurred to them that California would be a major problem in their plans to become the ultimate gatekeepers for internet traffic. The US is a nation that practices federalism. Some people call this states’ rights, but those people are wrong. States don’t have rights. As the US Constitution clearly points out, only people have rights and those rights are inalienable. As part of their plan to ensure this remained the case, the founders of the US ensured that individual… This story continues at The Next Web Or just read more coverage about: Verizon https://ift.tt/2Wcz7f6 Read full article: The Next Web
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