Join The Discussion

 

Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

read more >

Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

read more >

Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

read more >

Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

Slooooooooow: U.S. slips to 9th in Internet speed

A

Medium shot of young woman on laptop in a food court environment.
Credit: Clif Wiggins/CNN

Doug Gross

CNN

(CNN) -- Land of the free. Home of the brave. Bastion of mediocre Internet speeds.

Already getting clobbered by countries like South Korea and Japan, the United States is close to falling out of the top 10 nations in terms of Internet-connection speeds, according to a new report.

The United States fell from 8th to 9th after being passed by Sweden in the first quarter of this year, according to networking firm Akamai's quarterly State of the Internet report. Akamai handles about one-third of the world's Web traffic.

The other countries with quicker Web connections than the United States? Hong Kong, Switzerland, Netherlands, Latvia and the Czech Republic.

The slip comes despite average U.S. speeds going up 27% from the same time last year, according to Akamai.

In some ways, the United States is at a disadvantage when it comes to fast connections. Its sprawling size and hefty population can make building efficient broadband networks a challenge. But critics argue that a relative lack of competition among service providers also hurts.

Susan Crawford, a tech policy analyst and professor at Cardozo Law School in New York City, argues that Internet access should be a public utility like gas, electricity and water because it has become just as essential.

In her book, "Captive Audience: The Telecom Industry and Monopoly in the New Guilded Age," she says a lack of regulation in the Unites States has allowed a small number of companies to dominate the broadband market, meaning consumers have fewer choices and pay higher prices.

"In Seoul, when you move into an apartment, you have a choice of three or four providers selling you symmetric fiber access for $30 per month, and installation happens in one day," Crawford told TIME earlier this year. "That's unthinkable in the United States. And the idea that the country that invented the Internet can't get online is beyond my imagination."

Akamai reported that the average Web connection in the United States was 8.6 megabytes per second. South Korea's average was 14.2 megabytes per second.

Of course, some folks in the United States have it better than others. In some regions of the country, residents still don't even have basic connections to high-speed Internet.

But if you live or work in Vermont, you're in pretty good shape. Average speeds there are 12.7 megabytes per second -- meaning connections in the Green Mountain State are, on average, faster than Japan's.

Looking for speedy Internet elsewhere in the U.S.? New Hampshire, Delaware, the District of Columbia and Utah round out the top five spots.

 

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?