EU wants to hammer big tech & streamers with 5G build bill

Europe is considering whether companies like Netflix and Apple that use lots of bandwidth should be forced to pay for upgrades to the infrastructure of the internet.With the rise of video streaming services like Netflix and YouTube, the amount of bandwidth required for typical internet tasks has ballooned, forcing infrastructure providers to increase what they offer to internet service providers and other entities. However, the cost of the upgrades could be paid for by major companies like Apple in the future.The European Union is pondering a proposal to coax companies that consume the most bandwidth into paying for the next generation of Internet infrastructure, a document seen by Bloomberg reads. Read more...