Would a ‘SNAP’ program for broadband help bridge the homework divide?

Sarah Kelsey is an instructional coordinator at Greenup County School District in eastern Kentucky. Her school population is mostly rural and internet access is limited. “The COVID-19 pandemic is causing a lot of unequal learning experiences for our students,” Kelsey said. “About 25 percent of our students don’t have access to internet, which is causing a great deal of students to fall behind.” The experience of Greenup County Schools   is unacceptable, but unfortunately all too common. At a time when access to educational opportunities are so critical for long-term success, an estimated 17 million students in unserved and underserved communities lack the connectivity that makes distance learning possible. And new research from the Morning Consult shows that while more than three quarters of parents and teachers are concerned about today’s homework gap, more than 70 percent also expect the traditional classroom learning environment to rely more heavily on technology after the pandemic. If we think this is a problem just for parents, we are wrong. Policymakers and business leaders should also be concerned. The digital divide has been with us for much too long, and now poses a crisis to education that threatens an entire generation of leaders and innovators. The stakes are high, and Sal Khan, founder of the Khan Academy online learning platform, described them to us: “Even when the school districts, the cities and the local telecom carriers have done heroic efforts to get kids internet access, there are still 10-15% of the kids that are disengaged. If we don’t really engage them, we are going to see long-term consequences for economic viability.” (Khan Academy is among our collaborators as we work to bridge the homework gap by providing free services, devices and educational content to schools and communities.) AT&T is helping by providing free hotspots and internet to students around the country. Earlier this year we provided Sarah Kelsey’s district in Greenup, Ky., and more than 100 organizations and schools with free wireless hotspots and connectivity as part of our $10 million Connected Nation commitment. And today AT&T is committing more than $2 billion to deepen our relationships while expanding affordability and subsidies over the next three years to help bridge the digital divide Read More …

Plex wants to go mainstream by fixing streaming TV’s biggest annoyance

Slowly and steadily, Plex is working to place itself at the center of the streaming wars. The 13-year-old company may still be best-known for its media server software, beloved by people who want to maintain their own entertainment collections on their own hard drives. Lately, however, it’s been chasing a broader mission to bring all the world’s media into one app. Instead of making you bounce between a dozen or more different apps to find what you want, Plex thinks it can make sense of the mess through a combination of subscriptions, rentals, free videos, and deep links into other apps—all delivered through a single menu. Read More …

Qualcomm’s next CEO has seen the future of wireless, and (shocker) it’s called 6G

On June 30, Cristiano Amon will become Qualcomm’s fourth CEO, succeeding Steve Mollenkopf. Amon, who currently is president of the wireless technology giant, first joined Qualcomm in 1995 as an engineer. After stints at Vésper, a mobile carrier in Brazil; Ericsson; and Velocom, Amon returned in 2004 to run the San Diego-based company’s semiconductor business. He spoke with Fast Company editor in chief Stephanie Mehta about the future of wireless and the next problems his technologists will tackle. Edited excerpts follow. Fast Company: What do you see as the biggest differences between the Qualcomm you joined in 1995 and the company today? Cristiano Amon: When I started there were about 3,000 employees, and we didn’t even have half a billion in revenue, but we had this incredible CDMA (code-division multiple access) technology. I was fortunate enough to join before it was ever launched. It was very disruptive for digital communications. It was such an incredible company. I fell in love with it. Fast forward to where we were now. Qualcomm has been defining innovation in the world of communication, from 3G to 4G to 5G. We’re now we’re in an incredible position that there’s demand for technology, and we can make a difference in every single industry. It’s an incredible journey, and while we are now a very large company, we haven’t lost that entrepreneurial spirit. I think of founding CEO Irwin Jacobs as the builder, and his successor, Paul Jacobs, as presiding over the massive explosion of smartphones Read More …

Coinbase’s $100 billion lPO provides an alternate investment to bitcoin

Coinbase , the San Francisco-based cryptocurrency exchange, is going public on April 14. The company will trade under the ticker COIN and list 114,850,769 shares on the NASDAQ with an initial valuation of $100 billion. Instead of following the traditional initial public offering (IPO) route, Coinbase plans to post its shares straight on the NASDAQ exchange via a direct listing, a technique pioneered by big names like Spotify and Palantir in recent years. Whereas an IPO involves a company creating new shares and having an underwriter that buys them for a set price and then sells them to the market, in a direct listing a company sells existing shares and has no underwriter. But what is Coinbase and why is this such as important development in the cryptocurrency market? The Coinbase business model Coinbase was founded in 2012 by Brian Armstrong, a former engineer at Airbnb, and Fred Ehrsam, who was a trader at Goldman Sachs. Their mission was to make investing and transacting in cryptocurrencies easier, more efficient, and fairer. The company has since risen to become the largest cryptocurrency exchange in the U.S. Even though there are numerous other exchanges around the world with considerably larger trading volumes, including Binance, Huobi, and OKEx, Coinbase’s growth has been incredible lately. Read More …

Amazon’s healthcare push is a threat—and an opportunity—for the industry

That Amazon Prime membership could soon come with a free same-day doctor’s appointment. The COVID-19 pandemic has made it clear that we need a robust digital healthcare system that extends from the doctor’s office into the home—and the e-commerce Goliath just jumped into the ring prepared to win it all. Investors have flocked to the sector over the past 12 months, and some Wall Street analysts have projected several years of robust growth. However, between last December, when news of Amazon’s planned move into healthcare began leaking in the media, and this March when the company officially announced its plans , stock prices for legacy health companies such as CVS, Walgreens, and digital-first disruptors along the lines of GoodRx lost billions of dollars in value and reshuffled the presumed leaderboard. What can existing healthcare providers do to survive and thrive in the face of what will surely be heated competition? The simple answer is to take a page directly from Amazon’s playbook: Create an incredibly easy-to-use one-stop digital shop for everything prospective patients could ever need and pay obsessive attention to customer experience and satisfaction. Amazon is renowned for taking costly business expenditures—cloud computing, logistics, and fulfillment—and developing solutions that solve internal challenges while also becoming profitable to the company. Next up on the list is healthcare. Amazon plans to offer 24/7 chat access to clinicians, nationwide telemedicine access, in-home diagnostics, health provider house calls in select cities, and prescription drug delivery, all within an easy-to-use interface. Consumers have come to expect frictionless experiences online and in the physical world. Want a ride somewhere? Press a button. Need your groceries? Press a button. However, today, far too many people seeking healthcare must navigate an endless sea of paperwork, providers, insurance companies, and websites from the mid-’90s. And after all that, they often don’t walk away with what they need. Because healthcare in America is not user-friendly, people defer or delay care and let prescriptions go unfilled or unused. Thousands of lives are lost as a result, and these challenges cost the U.S Read More …