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Verizon Offering 500 Mb/s fiber service for $309/month

Verizon Communications Inc., the second-largest U.S. telephone company, is boosting its FiOS Internet speeds to 500 megabits a second, faster than Comcast Corp.’s speediest service and half that of Google Inc.’s.
Philippe J DEWOST's insight:

Most interesting figure to me here is not the speed but the price. I wonder what we will be capable of achieving here in Europe...

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Venture Capital Secret: 3 of 4 Start-Ups Fail

Venture Capital Secret: 3 of 4 Start-Ups Fail | cross pond high tech | Scoop.it

Of the 6,613 U.S.-based companies initially funded by venture capital between 2006 and 2011, 84% now are closely held and operating independently, 11% were acquired or made initial public offerings of stock and 4% went out of business, according to Dow Jones VentureSource. Less than 1% are currently in IPO registration.

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FCC Chief Calls for Gigabit Internet in All 50 States By 2015

FCC Chief Calls for Gigabit Internet in All 50 States By 2015 | cross pond high tech | Scoop.it

"There should be at least one community per state with 1Gbps Internet, to drive innovation, Genachowski said..."

 

Cities around the U.S. will have gigabit-speed Internet access by 2015 if the FCC's wishes come true.

 

All 50 states should have at least one community where consumers can get 1Gbps or faster Internet access by 2015, U.S. Federal Communications Commission Chairman Julius Genachowski said on Friday. Speaking at the U.S. Conference of Mayors Winter Meeting in Washington, D.C., he called the new push for fast networks the Gigabit City Challenge.

 

Gigabit-speed Internet access stimulates technology innovation and associated economic growth, Genachowski said.

"The U.S. needs a critical mass of gigabit communities nationwide so that innovators can develop next-generation applications and services that will drive economic growth and global competitiveness," Genachowski said, according to an FCC press release. He cited Google's new network in Kansas City and a fiber network built by a local utility in Chattanooga, Tennessee, where he said Amazon.com and other companies have created more than 3,700 new jobs over the past three years.

Philippe J DEWOST's insight:

One order of magnitude

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Fortune 500 Turnover and Its Meaning

Fortune 500 Turnover and Its Meaning | cross pond high tech | Scoop.it

the Fortune 500 is turning over at a faster and faster rate over time and here are some insights on the phenomenon 

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