You don’t have to be in New York City to be a part of the many meetings, seminars, and discussions taking place during Climate Week. The Clinton Global Initiative is focusing on climate change, sustainable energy, and other global issues this week in its Fifth Annual Meeting, which is webcasting live. You can even ask question for the daily Plenary sessions via Twitter. Watch CGI09 live below (click here for the schedule).
A bit ironic that the latest – third annual – report from the Communication Workers of America Union is a whopping 20 megabites (could take an hour to download via a dialup connection). I’ve embedded the full PDF at the bottom of this post.
U.S. connection speeds have not improved significantly in the past year, according to the Union’s press release. The results of nearly 413,000 real-time Internet connection speed tests (conducted using widgets exactly like the one below) show that the United States continues to lag behind other countries for average upload and download speeds.
The average download speed of U.S. Internet connections is 5.1 megabits per second, significantly below the averages of countries like South Korea (20.1 mbps), Japan (16 mbps) and Sweden (12.7 mbps).
See my other blog posts on this issue here.
What speed are you getting? Is upload speed anywhere near download speed?
Internet giant Amazon.com will acquire Zappos.com in a deal worth more than $800 million, according to an official announcement today. After growing into an e-commerce behemoth with a legendary customer service record, it comes as little surprise that Zappos was acquired by the likes of Amazon. There really is no better match when it comes to e-commerce, product, service, and technology.
This deal confirms the groudbreaking success that Zappos achieved through widely publicized corporate policies, happy employees, and impeccable customer service which often includes free next day shipping, and always a 365-days-a-year free-return-shipping guarantee. Amazon clearly gains from Zappos ability to literally obsess over customers, be inventive, and think long term (while growing year over year since being founded in June 1999.
Zappos will receive $807 million worth of Amazon stock and $40 million in cash as part of the deal. The purchase price could value as much as $920 million, assuming the deal is for 10 million shares (shares of AMZN opened today at $88.54), according to Sarah Lacy at Techcrunch.