On January 6, 2021, the Small Business Administration (the “
SBA”) and the Department of Treasury released an Interim Final Rule called “Business Loan Program Temporary Changes; Paycheck Protection Second Draw Loans” (“
Second Draw Rules”). These rules announced the implementation of section 311 of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the “
Economic Aid Act”). The SBA also released an Interim Final Rule called “Business Loan Program Temporary Changes; Paycheck Protection Program as Amended by Economic Aid Act” (“
Consolidated First Draw PPP IFR”). That rule restates existing regulatory provisions into a single regulation on borrower eligibility, lender eligibility, and loan application or origination requirement issues for new First Draw PPP Loans, as well as general rules relating to First Draw PPP Loan increases and loan forgiveness. Both rules take effect immediately. For more information on the Consolidated First D
Ayesha Rascoe
Vice President Harris has a big opportunity to shine with her latest assignment from President Biden: leading the White House push to expand broadband access. But it s a job that also comes with risks.
The pandemic has underscored the importance of having good internet, without which it became difficult to work from home, attend virtual classes, or stay in touch with family and friends. So there s momentum to deal with gaps in availability, and Biden said during his joint address to Congress last week that with Harris in charge, I know it will get done.
The White House has asked Congress for $100 billion in funding so that all Americans will have access to affordable broadband.
The biggest U.S. broadband companies financed a “secret campaign” in 2017 to generate millions of fake public comments to the Federal Communications Commission to provide cover for the regulator’s planned repeal of net neutrality rules, New York’s top law enforcement officer said.
A four-year investigation by the state concluded that the companies hid their involvement in the effort, which resulted in 18 million bogus comments out of 22 million total on the hot-button issue, New York Attorney General Letitia James said in a statement Thursday.
In a Republican-led vote in 2017, the FCC swept aside the net neutrality rules that barred broadband providers from favoring partners’ internet traffic.
AP
The Office of the New York Attorney General said in a new report that a campaign funded by the broadband industry submitted millions of fake comments supporting the 2017 repeal of net neutrality.
The Federal Communications Commission’s contentious 2017 repeal undid Obama-era rules that barred internet service providers from slowing or blocking websites and apps or charging companies more for faster speeds to consumers. The industry had sued to stop these rules before they were repealed but lost.
The proceeding generated a record-breaking number of comments more than 22 million and nearly 18 million were fake, the attorney general’s office found. It has long been known that the tally included fake comments.
May 6, 2021 08:39 EDT
Space Exploration Technologies Corp. s (SpaceX) Starlink internet constellation can deliver Internet download and upload speeds that exceed other satellite-based service providers and shows data gathered by Ookla. SpaceX is gradually building its satellite constellation to consist of thousands of satellites. Starlink is the world s first Low Earth Orbit (LEO) to operate thousands of satellites for Internet connectivity.
Starlink Delivers Better Internet Speeds Than Incumbent Satellite Internet Providers But Lags Behind Fixed Broadband For Latency
Ookla s report, which uses data from users data from Speedtest, provides median download, upload and latency speeds for Starlink. The internet service is currently in its beta stage and users all over the United States and Canada continue to test Starlink in this early rollout phase.