That's one of the conclusions from a new report by the Open Technology Institute at the New America Foundation, which looked at the cost and speed of Internet access in two dozen cities around the world.
Clocking in at the top of the list was Seoul, South Korea, where Internet users can get ultra-fast connections of roughly 1000 megabits per second for just $30 a month. The same speeds can be found in Hong Kong and Tokyo for $37 and $39 per month, respectively.
For comparison's sake, the average U.S. connection speed stood at 9.8 megabits per second as of late last year, according to Akamai Technologies.
Top 10 Insurance Companies To Own In Right Now: Amazon.com Inc.(AMZN)
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. The company serves consumers through its retail Web sites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on its Web sites, and their own branded Web sites. In addition, the company serves developer customers through Amazon Web Services, which provides access to technology infrastructure that developers can use to enable virtually various type of business. Further, it manufactures and sells the Kindle e-reader. Additionally, the company provides fulfillment; miscellaneous marketing and promotional agreements, such as online advertising; and co-branded credit cards. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Advisors' Opinion:- [By MONEYMORNING.COM]
Netflix has succeeded in building a business that has long tempted most of the major tech companies, including Apple Inc. (Nasdaq: AAPL), Google Inc. (Nasdaq: GOOG, GOOGL), Microsoft Corp. (Nasdaq: MSFT), and Amazon.com Inc. (Nasdaq: AMZN).
- [By Ben Levisohn]
By now we’re all aware of the battle raging between Amazon.com (AMZN) and Hachette over the pricing of eBooks. While the consumer is certainly the loser as the two big corporations go head to head, there’s likely a winner from the battle royale as well–Barnes & Noble (BKS).
Associated PressMaxim’s John Tinker and Kevin Rippey explain why Amazon.com’s standoff with Hachette Books is good news for Barnes & Noble:
Amazon’s standoff with suppliers is an opportunity for Barnes & Noble. Currently, Amazon.com is not accepting orders for titles from Hachette authors, including J.K. Rowling and Michael Connelly, following continued disputes on e-book pricing. In addition, they are not accepting preorders for key Warner Bros. (TWX – $68.92 – NR) titles, such as The Lego Movie, in a separate supplier dispute. The standoffs highlight�Barnes & Noble’s value to publishers, as it remains the only alternative book outlet to Amazon.com, and is critical in both the sale and marketing of their books. It is worth noting that, this week, Hilary Clinton staged the launch of her book tour at�Barnes & Noble’s Union Square store, although the former first lady and potential presidential candidate did not draw as many fans as the Jonas Brothers��or Justin Beiber’s book signing appearances!
And there’s more to the bull case for Barnes & Noble than Amazon’s shenanigans,� Earlier this month, Barnes & Noble reached a deal with Samsung to produce the Nook tablet, which should reduce losses in that area of the business–and allow Barnes to consider a spinoff of its college business.
Shares of Barnes & Noble have gained 0.6% to $20.17 at 12:16 p.m., while Amazon.com has dropped 1.9% to $328.90.
5 Best Internet Stocks To Own For 2014: Google Inc.(GOOG)
Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers. The company also provides Google Mobile that optimizes Google?s applications for mobile devices in browser and downloadable form; and enables advertisers to run search ad campaigns on mobile devices, as well as Google Local that provides local information on the Web; and Google Boost for small businesses to participate in the ads auction. In addition, it offers And roid, an open source mobile software platform; Google Chrome OS, an open source operating system; Google Chrome, a Web browser; Google TV, a platform for the consumers to use the television and the Internet on a single screen; and Google Books platform to discover, search, and consume content from printed books online. Further, the company provides Google Apps, a cloud computing suite of message and collaboration tools, which includes Gmail, Google Docs, Google Calendar, and Google Sites; Google Search Appliance that offers real-time search of business and intranet applications, and public Web sites; Google Site Search, a custom search engine; Google Commerce Search for online retail enterprises; Google Checkout to make online shopping and payments streamlined and secure; Google Maps Application Programming Interface; and Google Earth Enterprise, a firewall software solution for imagery and data visualization. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.
Advisors' Opinion:- [By Adam Levy]
Facebook (NASDAQ: FB ) is really good at converting personal data into dollar bills. It might be even better than Google (NASDAQ: GOOG ) (NASDAQ: GOOGL ) is at it. But when it comes to enterprise data, few things are more paramount than privacy. That would make the rumored "Facebook at Work" a particularly tough sell.
- [By Reuters]
kpatyhka/Shutterstock BOSTON -- Security experts have uncovered a trove of some 2 million stolen passwords to websites including Facebook, Google, Twitter and Yahoo from Internet users across the globe. Researchers with Trustwave's SpiderLabs said they discovered the credentials while investigating a server in the Netherlands that cyber criminals use to control a massive network of compromised computers known as the "Pony botnet." The company told Reuters on Wednesday that it has reported its findings to the largest of more than 90,000 websites and Internet service providers whose customers' credentials it had found on the server. The data includes more than 326,000 Facebook (FB) accounts, some 60,000 Google (GOOG) accounts, more than 59,000 Yahoo (YHOO) accounts and nearly 22,000 Twitter (TWTR) accounts, according to SpiderLabs. Victims' were from the United States, Germany, Singapore and Thailand, among other countries. Representatives for Facebook and Twitter said the companies have reset the passwords of affected users. A Google spokeswoman declined comment. Yahoo representatives couldn't be reached. SpiderLabs said it has contacted authorities in the Netherlands and asked them to take down the Pony botnet server. An analysis posted on the SpiderLabs blog showed that the most-common password in the set was "123456," which was used in nearly 16,000 accounts. Other commonly used credentials included "password," "admin," "123" and "1." Graham Cluley, an independent security expert, said it is extremely common for people to use such simple passwords and also re-use them on multiple accounts, even though they are extremely easy to crack. "People are using very dumb passwords. They are totally useless," he said.
- [By WALLSTCHEATSHEET]
Google is an Internet giant that provides valuable search and advertising services to a growing user base worldwide. In an unexpected change, the company has chosen to rename its future Android operating system as KitKat. The stock has been moving higher in recent years and is now pulling back from highs for the year. Over the last four quarters, earnings have been mixed while revenues have been rising. However, investors in the company have expected more from the company. Relative to its peers and sector, Google has been a year-to-date performance leader. WAIT AND SEE what Google does this coming quarter.
- [By MONEYMORNING.COM]
Icahn holds a 2.2% stake in eBay. In a fight that started in January, Icahn has sought to convince eBay to split PayPal off as a separate company, arguing that PayPal needs better management to face challenges from the likes of Google Inc. (Nasdaq: GOOG) and Apple Inc. (Nasdaq: AAPL).
5 Best Internet Stocks To Own For 2014: Symantec Corporation(SYMC)
Symantec Corporation provides security, storage, and systems management solutions internationally. The company?s Consumer segment delivers Internet security, PC tune-up, and online backup solutions and services to individual users and home offices. Its Security and Compliance segment provides solutions for endpoint security and management, compliance, messaging management, data loss prevention, encryption, and authentication services to large, medium, and small-sized businesses, as well as offers solutions through its software-as-a-service (SaaS) security offerings. This segment?s products enable customers to secure, provision, and remotely manage their laptops, PCs, mobile devices, and servers. The company?s Storage and Server Management segment provides storage and server management, backup, archiving, and data protection solutions across heterogeneous storage and server platforms, as well as solutions delivered through its SaaS offerings to large, medium, and small-s ized businesses. Symantec?s Services segment offers implementation services and solutions, including consulting, business critical services, education, and managed security services. The company also provides various enterprise support offerings, such as annual maintenance support contracts, including content, upgrades, and technical support. It sells its products through its eCommerce platform, as well as through distributors, direct marketers, Internet-based resellers, system builders, ISPs, and retail locations worldwide. Symantec markets and sells its products through distributors, retailers, direct marketers, Internet-based resellers, original equipment manufacturers, system builders, and Internet service providers; and its e-commerce channels, as well as direct sales force, value-added and large account resellers, and system integrators. The company was founded in 1982 and is headquartered in Mountain View, California.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Judith Collins/Alamy WASHINGTON - Home improvement retailer Home Depot (HD) has been in contact with the U.S. Secret Service about an alleged major breach of customer and credit card data that came to light this week, a law enforcement source told Reuters on Thursday. Any investigation by the Secret Service appears to be at a very early stage, the source said. The Secret Service, which declined comment, usually is the lead agency in federal criminal investigations into complex breaches of credit card and other consumer data. Another law enforcement source said the FBI, which also sometimes participates in such investigations, doesn't appear to be involved. It is unclear whether the U.S. Department of Justice is playing any role. Customer data could have been stolen from nearly all of Home Depot's 2,200 stores in the United States, according to information released Wednesday by security blog Krebs on Security. Home Depot hasn't confirmed that a breach occurred and it remains unclear whether or how many customers were impacted. If confirmed, the Home Depot incident could be among the most widespread in the string of security breaches at U.S. retailers in the recent past. Spokeswoman Paula Drake said Wednesday that the retailer is working with IT security firms, including Symantec (SYMC) and FishNet Security, to investigate whether there has been a data breach. A Symantec spokeswoman confirmed that Symantec was assisting with the investigation but didn't elaborate. Home Depot sought to comfort its consumers, promising free identity-protection services, including credit monitoring, to any potentially impacted customers and reassuring that the retailer or the banks that issued the cards will be responsible for any fraudulent charges. Home Depot shares were up 1.6 percent at $90.39 Thursday morning on the New York Stock Exchange. Concerns about a potential Home Depot data theft follow a major breach at retailer Target (TGT), where hackers late last yea
- [By MONEYMORNING]
A big player here is Symantec Corp. (Nasdaq: SYMC), a global provider of security, storage, and systems management solutions with an extensive focus on managing consumer data and information.
- [By Amanda Alix]
Of course, banks can't know when an attack is merely disruptive, and when it may be covering for criminal activity. Security company Symantec (NASDAQ: SYMC ) has commented that these assaults have become a way for hackers to distract banks while funds are illegally withdrawn. Though most of the thefts have occurred in Europe, where attacks have progressed from website outages to actual bank heists, at least one U.S. bank, Citigroup, disclosed some losses due to cyber thievery earlier this year.
5 Best Internet Stocks To Own For 2014: eBay Inc.(EBAY)
eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Its Marketplaces segment operates ecommerce platform eBay.com; vertical shopping sites, such as StubHub, Fashion, Motors, and Half.com; and classifieds Websites, including Den Bl�Avis, BilBasen, Gumtree, Kijiji, LoQUo, Marktplaats.nl, mobile.de, Alamaula, Rent.com, eBay Anuncios, eBay Kleinanzeigen, and eBay Annunci, as well as provides advertising services. The company?s Payments segment offers payment and settlement services for consumers and merchants on and off eBay Websites and other merchant Websites. This segment operates PayPal, which enables individuals and businesses to send and receive payments online and through mobile devices; Bill Me Later that enables the United States merchants to offer, the United States consumers to obtain, credit at the point of sale for ecommerce and mobile tra nsactions; Zong, which allows users with mobile phones to purchase digital goods and have the transactions charged to their phone bill; and BillSAFE that enables customers pay for purchases upon receipt of an invoice. Its GSI segment offers an ecommerce services suite for enterprise clients that operate in general merchandise categories, including apparel, sporting goods, toys and baby, health and beauty, and home; and marketing services comprising full-service digital agency, enterprise email marketing, mobile advertising, affiliate marketing, advertisement retargeting, and in-depth analytics services. The company also offers X.commerce platform that provides software developers access to the company?s applications programming interfaces to develop functionality for various merchants; and Magento Connect, which allows developers to market and sell add-on functionality and solutions to merchants that use a Magento storefront. eBay Inc. was founded in 1995 and is headquarter ed in San Jose, California.
Advisors' Opinion:- [By Tamara Rutter]
Stocks are moving on quarterly earnings this week, and eBay is no exception. Investors sent eBay (NASDAQ: EBAY ) stock lower in after-hours trading on Wednesday, despite the e-commerce company posting a 19% increase in profit for its first quarter. Unfortunately, double-digit increases in both revenue and profit weren't enough to stop shares of eBay from dipping more than 5% at the market open today. What's really going on with this Internet darling?
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