Global internet speed is picking up. In 2017, world internet speeds increased more than 30%. Adriane Blum, Head of Communications at Ookla, a company specialized in broadband testing, network diagnostic applications, and data, was with us to discuss what's driving this improvement.
With the FCC rolling back net neutrality regulations, many questions about the future of the internet are beginning to surface. Internet speed is one of the factors that could potentially be impacted by the vote. Blum says the key takeaway is transparency of data, as we face new risks.
Despite improved global speed, Ookla says there were far too many countries and regions where internet speed decreased. Hurricane Maria put a dent in Puerto Rico's internet capabilities, contributing to the island's 39.8% drop in mobile download speed over the past year.
Boeing shares saw a pullback after a 737-800 aircraft with 132 people on board nosedived mid-flight, crashing into the mountains of Southern China. China's Eastern Airlines plane was not a 737-Max model, which was grounded worldwide after two fatal crashes in 2018 and 2019, but it's once again raising questions about the safety of Boeing's aircraft. Michael Boyd, CEO of Boyd Group International, gave Opening Bell his take on what another crash means for Boeing.
HSBC announced that it is buying a plot of virtual land in decentralized gaming virtual world The Sandbox. Mathieu Nouzareth, U.S CEO of The Sandbox, joins Cheddar News' Closing Bell, where he elaborates on what his platform is providing to HSBC and how his company is helping companies across different sectors embrace Web3.
Deepwell Digital Therapeutics is a game development company looking to transform the way we look at video games — this time to improve health outcomes. Its goal is to create software to aid those who deal with conditions such as depression and ADHD. Company co-founder and co-CEO Ryan Douglas and co-founder Kate Edwards joined Cheddar News to talk about the technology is being used to help patients. "From a research perspective, the game industry itself has been well aware for many, many years of the kind of inherent, kind of anecdotal therapeutic value of playing games," said Edwards.