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Kickstarter is legally obliged to give back to society
Crowdfunding platform Kickstarter is reincorporating as a "public benefit corporation" (PBC). What does that mean? Well, it's a confusing term, and one that's defined differently depending on which state you're in. Loosely speaking, it's supposed to mean that a company operates both for profit and for the betterment of society. As part of the change, the company will be registered in Delaware -- which added PBCs into state law two years ago today -- rather than its native New York. Kickstarter has been a voluntary B-corp (benefit corporation) since last year, but by becoming a Delaware PBC it's turning an optional pledge into company law. With the switch comes a new charter, and it's in there that we see exactly how Kickstarter acts in our best interests.
Verizon FiOS strikes multicasting deal with PBS
While the government still ponders the must-carry multicasting situation, Verizon FiOS appeared to thumb it's nose at the cable companies today by announcing a deal with PBS and the Association of Public Television Stations to carry the programming of as many as three stations in one market, and additional stations as long as they are not duplicating programming from the other three.The cable industry struck a similar deal last year, where there is no limit on the number of stations carried, but the maximum number of multicast streams is 4. The Verizon deal has no limitation on the number of multicast streams carried, and includes PBS' high definition programming.Read - Verizon strikes deal to carry public stationsRead - Verizon, Noncoms unveil carriage deal
