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The digital divide: Access to high-speed internet is far from a given

The digital divide: Access to high-speed internet is far from a given

On Monday, President Biden unveiled plans for allocating nearly $42.5 billion to build out high-speed internet networks — pledging that every household in America will have access to high-speed internet by 2030.

Digital divide

Access to fast and stable internet is increasingly seen as a utility — like water and gas — something necessary in order to function in the modern world. Yet, as you read this newsletter and browse the web effortlessly, it's easy to forget that there are still millions of households without access to high-speed internet.

Data from Pew Research Center found that only 77% of US adults reported having a broadband connection at home — with just 64% of the older (65+) generation reporting access, leaving more than one third without home broadband. Interestingly, the next age group least likely to have broadband at home are 18-29 year olds — that age group was found to be reliant on their smartphones, substituting fixed access for their phones.

Access to high-speed internet at home is one thing, but perhaps most shocking of all is that 7% of American adults report no usage of the internet at all (as of 2021).

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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