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7 Things You Need to Know Today
 

A roundup of the day's news that can help you and your business succeed
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1. Net Neutrality

It looks like President Barack Obama wants a neutral Internet, too. Obama positively responded to a White House petition aiming to restore the FCC's Net Neutrality rules: "Absent net neutrality, the Internet could turn into a high-priced private toll road that would be inaccessible to the next generation of visionaries," he wrote.--The Verge

2. Minimum-Wage Debate

The Congressional Budget Office said Tuesday that raising the minimum wage to $10.10 an hour would cost the U.S. economy 500,000 jobs--but it would lift nearly 1 million people out of poverty by 2016. It might also cause small businesses to shed low-wage, low-skill jobs in favor of technology upgrades and to hire more highly skilled workers.--Wall Street Journal

3. Delivery Deal

Postmates, the San Francisco startup whose couriers deliver just about anything in under an hour, raised a $16 million Series B investment on Tuesday. Expect to see Postmates in more cities soon--and for e-commerce, retail, and food businesses to rethink the way they deliver their goods.--Recode

4. Dot NYC

New York City is throwing a bone to businesses. The city announced Tuesday it will allow anyone with a trademark to apply early, in May, for a new .nyc domain name. That's earlier than even government entities can apply.

5. Green for Green

Attention, organic and natural product makers: there's a new investmen fund in town--and it has $10 million to spend. Chicago-based Abe's Market, the natural and organic e-commerce marketplace, in partnership with Mistral Equity, is looking to back eight to 10 new companies. --Inc

6. Apple Wearables?

There could be a new and powerful player in the wearable-technology market. Apple has filed a patent to bake a full "sports monitoring system" into something you're already wearing: earbuds. --VentureBeat

7. Future of Payments

Merchants, you may see some odd behavior at the register starting today. It's a new kind of mobile wallet--but don't worry, it doesn't require a new point-of-sale system. --Inc.

 

 

Last updated: Feb 19, 2014

LINDSAY BLAKELY is a senior editor at Inc., based in Los Angeles.
@lindsayblakely




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