internet

Commerce Secretary Gina Raimondo, who’s overseeing the funding distribution, said that universal access to broadband internet would be akin to the electrification of rural America during the 1930s.

The companies will immediately provide one plan that costs less than $30 a month. Some low-income Americans will qualify for a $30 monthly refund, which means the service will be free.

President Joe Biden announced Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy. “High speed internet is not a luxury any longer. It’s a necessity,” Biden said at a sun-drenched rose garden…

In China, there is no regulation around NFTs yet. Users can buy these digital collectibles from a marketplace but secondary trading is heavily restricted.

Amazon hired Global Strategy Group, which has done polling work for prominent Democrats, to fight unionizing efforts on New York’s Staten Island.

Turnout for a second union election at Amazon’s Bessemer, Alabama, was roughly 39%, which is lower than last year.

A select few firms, including Revolut and Copper, will be allowed to continue trading after a temporary register closes Friday, the FCA said.

Chinese technology giants are trying to get in on the metaverse act. A collaboration with Nreal could help Alibaba expand its augmented reality capabilities.

“I’m happy to celebrate success, but let’s remember, Elon Musk didn’t make it on his own,” the Massachusetts Democrat told CNBC on Tuesday.

Google’s plans to buy Mandiant mark the latest sign that security expertise and capabilities have become critical for effective cloud service operations.

Huawei’s business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.

Thousands of Amazon workers at a Staten Island warehouse are voting on whether to unionize.

British Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC.

Uber has been granted a 30-month license to operate in London, Transport for London said Saturday.

Google Fiber contractors voted 9 to 1 to unionize in Kansas City, Missouri on Friday.

The grocery delivery company was valued at $39 billion last March, when it raised $265 million.

The European Union and the U.S. on Friday announced they had agreed “in principle” to a new framework for cross-border data transfers.

U.K. singer-songwriter and “reluctant” Twitter sensation, James Blunt, told CNBC that social media platforms should do more to moderate online hate.

Grocery delivery start-up Gopuff has partnered with Morrisons in the U.K. to deliver goods from the retail giant in a matter of minutes.

Bill Gates has been a believer in new technology for satellite internet since the 1990s and failed Teledesic. A recent investment in Kymeta is his longest bet.