UPDATE: Google says the Times (and Bloomberg, and the WSJ) is wrong and they remain committed to an open internet. The Times says they stand by the story.
Remember when Google's motto was "Don't be evil"? You can forget about that:
Google and Verizon, two leading players in Internet service and content, are nearing an agreement that could allow Verizon to speed some online content to Internet users more quickly if the content’s creators are willing to pay for the privilege.
The charges could be paid by companies, like YouTube, owned by Google, for example, to Verizon, one of the nation’s leading Internet service providers, to ensure that its content received priority as it made its way to consumers. The agreement could eventually lead to higher charges for Internet users.
Such an agreement could overthrow a once-sacred tenet of Internet policy known as net neutrality, in which no form of content is favored over another. In its place, consumers could soon see a new, tiered system, which, like cable television, imposes higher costs for premium levels of service.
Any agreement between Verizon and Google could also upend the efforts of the Federal Communications Commission to assert its authority over broadband service, which was severely restricted by a federal appeals court decision in April.
This will have huge ripple effects on the netroots, because how are we going to compete with million-dollar astroturf organization when they have to money to push activist blogs into oblivion?