Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

A pandemic-era internet subsidy is officially ending

Photo illustration of houses with Wi-Fi symbols.
Cath Virginia / The Verge | Photo from Getty Images

May 31st marks the official last day of a covid-19 pandemic-era internet subsidy, the Affordable Connectivity Program.

The up to $30 monthly broadband discount (up to $75 for those on Tribal lands) helped 23 million low-income households in every county in the US access high-speed internet during a period when that connection became more vital than ever as businesses and schools shut their doors. The Federal Communications Commission and industry players have warned for months that the program would soon run out of money unless Congress found a way to fund it, but the money never materialized.

“Without Congressional action to extend funding for the program, millions of households are now at risk of losing their internet connections,”…

Continue reading…

You May Also Like

Editor's Pick

On this video from StockCharts TV, Julius assesses the quality of the breakout in the S&P 500, using sector rotation on Relative Rotation Graphs,...

Editor's Pick

It was a truncated day for the markets; over the past four trading sessions, the Indian equities continued to edge higher and ended on...

Tech News

Image: FromSoftware Playing Erdtree was a lesson in humility I needed. Continue reading…

Editor's Pick

“Caius Gracchus” Babeuf came to Paris in 1790 and imbibed the revolutionary atmosphere. Five years later, he founded the secret Conspiracy of the Equals.

Copyright © 2023 All Rights Reserved.