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Dissatisfied with his Internet provider, the American decided to compete with him

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Ilustração de um ISP, fornecedor de acesso à internet

It is no coincidence that many people talk about the “American Dream”. No one knows exactly what it is, but in fact the United States is a country where almost everything is possible. In this particular case, a citizen of Michigan, dissatisfied with the Internet services of his operator, decided to create an Internet supply service himself. Today he competes with operators, but … his success is beyond imagination.

Jared Moh built a fiber internet service because he didn’t have good broadband from AT&T or Comcast. Now, instead of just having his neighbors as clients, he has a network of over 70 homes and will soon reach 600.

ISP illustration, internet access provider

Internet: No one wants to invest in the countryside and hinterland

The pandemic has brought a new reality where you can work from home without losing productivity. However, it was this measure that showed many of the shortcomings of the Internet service that every home, as well as in companies, has. After the pandemic, many of these habits seem to have disappeared and we will still need a fast computer and a good internet connection.

While most urban areas today already have this quality of service provided by a variety of telecom operators, the reality is quite different in inland and rural areas.

Mauch, Akamai's network architect, is well aware of this situation. Ars Technique. For two decades man lived in The town of Schio, a small town in Michigan, USA. In 2002, he contracted for a cable connection that was the fastest at the time (in the area) at 1.5 Mbps. However, over time, Jared needed something fast and decided to switch to a wireless provider that offered 50 Mbps, although he would have preferred a physical connection.

If you don't like your carrier...compete with it

At the time, and given the area where he lived, the man didn't have much of a choice. He then tried to contact the US telecommunications giant Comcast. Jared asked the company if there was a chance that his place (more precisely, his place of residence) would get a fiber optic network for fast service, as he needed. Comcast said it was possible, but there was a price to pay for it. To do this, he would have to pay a special one-time fee, since the company had to create the infrastructure to bring the network to him.

When asked about the cost, the answer was not very encouraging, the cost was around $50,000. So, 6 years ago, that would have been the amount you had to pay, but Jared Moh thought it was too much.

He also approached AT&T, the country's other major carrier, but the offered connection was only 1.5 Mbps. Faced with such a scenario, the man began to seriously consider buying a direct connection to a provider of this type of service, but more focused on a large company in Michigan, Advanced Communications & Data (ACD).

Of course, the price was very high, especially since ACD did not have a deployed fiber optic network in rural areas. However, what was a problem quickly became an opportunity.

It was then that Mauch had the idea to hire this supplier and build his own network. So, in addition to serving yourself, you could sell connections to your neighbors to recoup your investment and even make a profit. However, this meant simply creating your own ISP (Internet Server Provider) service. As usual, this involved a lot of legal and administrative bureaucracy.

From dream to reality... and for many rural residents there will be fast internet

The idea was realized, and the American, increasingly dissatisfied with Comcast, AT&T (as well as other suppliers who were also contacted) decided to get to work. Basically, she worked out all the necessary and legal processes, and, after a while, became a technical competitor of these companies in this area.

Jared Mouch established Washtenaw Fiber Properties LLC to comply with local government regulations. She began to develop her own fiber optic network across the entire length and breadth of the area, where, as mentioned above, she lived for twenty years.

After a $145,000 investment, ISP Mauch added 30 customers in 2021 and now has over 70. Service charges are $65 per month for symmetrical 50Mbps, $75 for 250Mbps, and $99 for 500 Mbps. In all cases, installation requires $599, although the original installation price was $199.

Nowadays, as we have seen, these outlying residents have begun to rely on other technologies such as starlink. So Scio Township residents can now make this option despite SpaceX's performance being inferior and more expensive.

As you know, the Starlink network offers connections from all over the world. 150 Mbps for a monthly fee of $99 and installation kit for $499.

At present, the plans of the American are acquiring an unimaginable scope. City Council, thanks to federal funds, funds part of the expansion from Washtenaw Fiber Properties LLC. In doing so, the company will expand its services to 417 locations, including neighboring rural areas, opening doors to potential new customers.

With this support, Mauch will be able (and should, as required by a government contract) to offer 100Mbps symmetrical connectivity for $55/month and 1Gb/s for $79/month. In addition, the installation price will return to its roots, that is, it will be $199.

The man says that despite the success of his project, he will not give up his other job and will continue to be Akamai's network architect, albeit now with a better internet connection.

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Economy

What factors impact financial markets?

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The global financial markets are now hugely complex, with traders and analysts around the world looking closely for signs of movement. What are some of the most important factors to be aware of that impact the financial markets?

Geopolitical events

With news breaking from different countries throughout the day, many different stories could affect the markets on any given day. For instance, economic indicators such as the European Central Bank’s inflation rates and gross domestic product numbers released by each country can determine which direction the markets take. Stocks, currencies and other financial instruments can all vary depending on these areas.

Major events such as war breaking out, natural disasters and elections also have an effect. When we look at the commodities market, climate change is an issue to bear in mind, with unusual weather sometimes causing scarcity or abundance of a certain product.

An interesting aspect of the modern financial world is the way that the different markets are linked. This means that any important event or news story that affects one area could easily affect another, even if the link isn’t obvious at first sight. We can also see how local shocks and events can quickly have an effect at a global level.

The financial crisis of 2008 is a good example, as it started with a serious downturn in the US housing market. Although this appeared to be a localized issue at first, it soon revealed some major issues with the global banking setup that caused problems around the planet affecting millions of people and diverse industries.

Speculation and investment trends

The previous factors all point toward the markets changing, and there’s no shortage of traders around the world waiting to see what happens next and how they can benefit. This means that we need to take into account other issues such as speculation and investment trends in the markets.

Armed with a variety of tools, including candlestick charts, traders try to identify trends such as support and resistance levels. They use the information they glean from the charts to make their moves, which can influence the general market if enough people make the same moves or if the amounts involved are significant.

Once an investment trend begins, it can have a knock-on effect that would have been impossible to predict at the outset. The example of Bitcoin and other cryptocurrencies shows how something that starts small can grow impressively. Cryptocurrencies have now gained enough mainstream appeal to influence and disrupt many industries, from healthcare to gaming and banking.

It’s important to understand how the leaders of a company operate and how they have faced challenges in the past. If we look at banking and the Bank of New York Mellon in particular, we can see that its history can be traced back to 1784, so it has overcome all the major events that have occurred since then. With some of the biggest names in the business world making up its key institutional investors, this is a company that we would expect to react effectively to changing markets.

Regulatory changes and company results

Just about every industry represented in the financial markets has laws and regulations that govern it. This means that the fear of harsher new laws is an almost constant threat. Meanwhile, the hope that beneficial changes to the regulations help businesses prosper is the other side of this matter that investors keep a close eye on.

Let’s not forget the role played by the profit and loss results produced by major companies. It’s clear that these results have an almost immediate effect on their stock prices. However, we should also bear in mind that this effect can reach other areas of the economy. A surprising set of results for a large business can produce shock waves that travel around the market.

What impact do they cause?

From the wide variety of examples that we’ve looked at here, it’s clear that the impact isn’t going to be the same in every case. While one set of circumstances might snowball and cause a huge impact, another might cause a limited impact before the news disappears as other events overtake it.

Having said that, one of the key issues that they cause is a higher degree of market volatility. We can see how this works by looking at an area such as the COVID-19 pandemic in 2020. The markets became a lot more volatile as the different aspects of the pandemic became clear. Streaming companies, healthcare companies and video conferencing technology firms made huge profits, while airlines and hotels were among those to lose out massively.

Working out the overall impact of a particular situation is almost impossible to do now. With so many traders looking over the latest news stories and numbers with advanced tools, the original impact can quickly grow or simply disappear. Therefore, the key for investors is to understand emerging trends and react to them before it’s too late.

These details reveal how complex the global financial market is now. It’s a fascinating world, and with more information at our fingertips than ever before, it’s something that anyone can start to research and understand in their own way.

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Economy

Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners

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Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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Economy

The first Dacia hybrid. “The cheapest hybrid family on the market”

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The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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