Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

4/11/2013 (2 years ago)

Catholic Online (www.catholic.org)

New revolutionary device from Internet search engine giant hasn't companies scared - yet

Google Fiber is a lightning-fast fiber-optic Internet service that may give major Internet cable companies headaches. So far limited to the greater Kansas City area, Google Fiber has yet to make a major impression. However - with Austin, Texas next in line, chances are good that Google could build an entirely new source of revenue and turn the Internet industry upside down.

Google Fiber has yet to make a major impression. However - with Austin, Texas next in line, chances are good that Google could build an entirely new source of revenue and turn the Internet industry upside down.

Google Fiber has yet to make a major impression. However - with Austin, Texas next in line, chances are good that Google could build an entirely new source of revenue and turn the Internet industry upside down.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

4/11/2013 (2 years ago)

Published in Technology

Keywords: Google. Fiber, cable, Internet, competition


LOS ANGELES, CA (Catholic Online) - Fiber's arrival in Austin was supposed to be a closely guarded secret. It came to light after a local news outlet leaked the story a week ago that Google Fiber was going to be the subject of the joint press conference with Google and Austin Mayor Lee Leffingwell.

Austin appears to be a good fit for Fiber, since it's widely viewed as a domestic hotbed of IT. Beginning in mid-2014, local residents will be able to choose Internet service for $70 a month, or $120 a month with Fiber INTERNET service, at connection speeds 100 times faster than cable, according to Google.

The service is also expanding to Olathe, Kansas. While many exerts don't believe Google intends to take over the Internet connectivity market, Google CFO Patrick Pichette said "We really think that we should be making business -- a good business -- with this opportunity [Fiber], and we're going to continue to look at the possibility of expanding."

Investors and Google shareholders should like the sound of that; more revenue streams mean less reliance on Internet advertising.

Cable Internet providers have not shown much concern as of yet. However, as Tim Bruger with The Motley Fool Web site points out, "My cable provider, Comcast, recently offered to crank up my Internet connectivity speed at no charge. That's right -- a cable company opted to improve service without charging. Interesting."

Bruger also says that "phone companies such as AT&T and Verizon began losing customers to these and other cable Internet providers some time ago, largely because of speed and connectivity issues. And now along comes Google Fiber with an alternative that blows the doors off anything Comcast, Time Warner, or Charter can offer, and often for the same or less money. If the cable industry isn't worried, it should be."

Google at the moment appears to be downplaying Fiber, at least in terms of how quickly it's chosen to roll the service out to mainstream America. As other Internet cable companies can attest, the opportunity for Google Fiber to become a significant source of alternative revenue can't be denied. Google certainly has the wherewithal to invest in Fiber for the long haul, with more than $48 billion in cash and equivalents, and operating cash flow that's off the charts.

"Fiber is going to change the way we connect to the Internet, and it's yet another example of why Google is close to an ideal growth stock. If it's not already, Google should be on your short list of investment options," Bruger adds.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for March 2015
Universal:
Scientists: That those involved in scientific research may serve the well-being of the whole human person.
Evangelization: Contribution of women: That the unique contribution of women to the life of the Church may be recognized always.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Technology

FOUNTAIN OF YOUTH? Next step in human evolution could lead to eternal youth Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

Humanity's life expectancy has grown over the years, thanks to medical advances. However, this does not necessarily translate into quality of life. Living longer sometimes means living in increasingly reduced circumstances due to infirmity and old age. ... continue reading


NASA's top scientist believes signs of alien life will be discovered 'within a decade' Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

"I think we're going to have strong indications of life beyond Earth within a decade, and I think we're going to have definitive evidence within 20 to 30 years," NASA chief scientist Ellen Stofan said. The proclamation was made during a panel discussion that ... continue reading


From battle weapons to photographers, drones now cleverly used as advertisement model Watch

Image of

By Hannah Raissa Marfil (NEWS CONSORTIUM)

Over the past few years, drones have become efficient in making deliveries, serving as waiters and even doing photography on sporting events. Now, drones are starting to fly with advertisements. According Eugene Stark, founder of the company Hoovy, drones have ... continue reading


Removing human error: Planes without pilots new, viable option Watch

Image of Some advocates for air safety say that current advances in sensor technology, computing and artificial intelligence are making human pilots less necessary than ever in the cockpit.

By Catholic Online (NEWS CONSORTIUM)

Following the Germanwings tragedy, when a distraught copilot slammed a plane into the French Alps in a suicide that cost the lives of 150 other people on board, many are questioning the validity of pilots on planes. Some argue that human pilots are in fact ... continue reading


Is Facebook changing? Facebook plans to conquer the virtual world this year Watch

Image of

By Hannah Raissa Marfil (NEWS CONSORTIUM)

Facebook's chief technology officer, Mike Schroepfer promised that the Virtual Reality (VR) program will come into life within the year. The Oculus headset, which was on their top secret list before, was announced to be available soon, but the exact release date is not ... continue reading


Smartphones and Internet may be putting your child's mental health in jeopardy Watch

Image of

By Hannah Raissa Marfil

The number of young people being admitted for mental treatments since 2010 has rapidly increased. Julie Lynn Evans, a psychotherapist for over 25 years now, is grateful for the additional funding being sent into mental health services, but she believes the dilemma ... continue reading


Stealth fighter jets in U.S. set to get massive upgrades Watch

Image of Pentagon officials have stressed the importance of developing the new long-range strike bomber calling it critical to national security and nuclear deterrence.

By Catholic Online (NEWS CONSORTIUM)

A mainstay of United States military defense, stealth bombers have been around since the Seventies. The Air Force's aging fleet is now ready for an expensive makeover. The Pentagon intends to develop a high-priority, super-classified, next-generation bomber. ... continue reading


Will you say 'hello' to Barbie? Mattel's new Barbie doll is 'creeping out' parents, raising concerns of privacy Watch

Image of Hello Barbie will allow its owner to carry on a conversation through recorded audio and WiFi.

By Hannah Raissa Marfil (NEWS CONSORTIUM)

Classic toy doll, Barbie, has been reinvented after the makers, Mattel received numerous requests for a Barbie doll that kids can talk to, according to a spokesperson of the toy company. Mattel's response is WiFi connected "Hello Barbie" that comes with an installed ... continue reading


Scientists find way to eliminate inherited diseases with genetically modified human eggs Watch

Image of

By Abigail James (NEWS CONSORTIUM)

New gene-editing techniques are being improved and could soon eliminate inherited diseases from future generations by modifying the DNA of human egg cells. LOS ANGELES, CA (Catholic Online) - Although the idea of editing chromosomes in human eggs or sperm is feared, ... continue reading


Hidden spy cameras discovered at United States post office, installation confirmed by USPIS Watch

Image of freerepublic.com

By Hannah Raissa Marfil (NEWS CONSORTIUM)

A hidden camera disappeared just after an hour of being discovered at a Denver local post office, Fox31 Denver reported. People became alarmed that they are being watched as they drop-off their mails with the possibility of the camera collecting their facial features ... continue reading


All Technology News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Acts 6:1-7
1 About this time, when the number of disciples was ... Read More

Psalm, Psalms 33:1-2, 4-5, 18-19
4 The word of Yahweh is straightforward, all he does ... Read More

Gospel, Luke 24:35-48
16 That evening the disciples went down to the shore ... Read More

Saint of the Day

Saint of the Day for April 18th, 2015 Image

St. Apollonius the Apologist
April 18: Martyr whose Apologia, or defense of the faith, is considered ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter