California Governer Gavin Newsom Proposes $7 Billion USD Investment in Public Broadband

Highlighting the importance of universal access to high-speed Internet.

Tech
4,164 Hypes 5 Comments

California Governor Gavin Newsom has now announced his proposal to invest $7 billion USD in building public broadband infrastructure in order to bring high-speed Internet access to more of the population.

According to the new budget, while 83.4 percent of California residents are currently using broadband, only roughly 52 percent of them have connections reaching speeds of 100 Mbps. The problem is especially bad for rural households or homes on tribal lands: 51.3 percent of the former group and 28.4 percent of the latter group have no access to 100 Mbps Internet at all.

“[Universal] access to high-speed Internet is critical to the state’s economy, education, and basic health and well-being, and will be a key component of the state’s long-term recovery,” the budget states. “The pandemic has underscored the importance of making broadband accessible and affordable for educational, employment, and health purposes.”

Of course, the plans are still years away from coming to fruition, but Newsom believes that the project will give access to high-speed Internet for millions of people in California, and create “tens of thousands of quality jobs” at the same time “to help the state’s economy recover from the pandemic.”

Elsewhere in the tech world, Binance is currently being investigated by U.S. regulators over suspected money laundering.

Read Full Article

What to Read Next

GOAT's Valuation Balloons to $3.7 Billion USD
Footwear 

GOAT's Valuation Balloons to $3.7 Billion USD

After a $195 million USD Series F funding round.

Apple Invests $1.2 Billion USD Into New Silicon Design Center in Munich
Tech 

Apple Invests $1.2 Billion USD Into New Silicon Design Center in Munich

The facility spans across 30,000 square meters.

Ford Announces $29 Billion USD Investment in Electric and Autonomous Vehicles
Automotive 

Ford Announces $29 Billion USD Investment in Electric and Autonomous Vehicles

More than doubling its previous efforts.


Roblox Goes Public, Shockingly Valued at $45 Billion USD
Gaming

Roblox Goes Public, Shockingly Valued at $45 Billion USD

For context, Microsoft just bought Bethesda for $7.5 billion USD.

1995 Nissan Skyline GT-R V-Spec R33s Can Now be Driven in the USA, and This One's for Sale
Automotive

1995 Nissan Skyline GT-R V-Spec R33s Can Now be Driven in the USA, and This One's for Sale

This JDM classic features a host of tasteful modifications.

Under Armour's Latest AI-Enhanced Dubai Flagship Boosts Your Retail Experience
Fashion 

Under Armour's Latest AI-Enhanced Dubai Flagship Boosts Your Retail Experience

Presented by Under Armour
Its most interactive store to date.

WWE Fans Are Going Nuts Over WrestleMania Backlash's Zombie Invasion
Entertainment

WWE Fans Are Going Nuts Over WrestleMania Backlash's Zombie Invasion

Promoting ‘Army of The Dead.’

Google Cloud Inks Deal With Elon Musk's Starlink Satellite Internet Service
Tech 

Google Cloud Inks Deal With Elon Musk's Starlink Satellite Internet Service

The partnership could last up to seven years.

Here Are J. Cole and Nicki Minaj's First Week Projections
Music

Here Are J. Cole and Nicki Minaj's First Week Projections

‘The Off-Season’ is expected to earn the biggest opening week of 2021 so far.


Knoll Updates Mies van der Rohe Tubular Steel Furniture With New Finishes
Design

Knoll Updates Mies van der Rohe Tubular Steel Furniture With New Finishes

Expanding the classic MR Collection.

Patta Teases Its Latest Collaboration With C.P. Company
Fashion

Patta Teases Its Latest Collaboration With C.P. Company

The capsule is said to be “arriving imminently”.

Travis Scott To Be Honored by Parsons for His Contributions to Design
Fashion

Travis Scott To Be Honored by Parsons for His Contributions to Design

Past honorees include Pharrell Williams, Rihanna and Solange Knowles.

Dan Harmon Speaks on Rumored 'Rick and Morty' Episode With Kanye West
Entertainment

Dan Harmon Speaks on Rumored 'Rick and Morty' Episode With Kanye West

Revealing that it would have to be more than just West doing a guest voice or a song.

Jacob & Co. Reveals New Virgil Abloh “Office Supplies” Bracelets
Fashion

Jacob & Co. Reveals New Virgil Abloh “Office Supplies” Bracelets

Now with emeralds.


More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.