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Stock impact report

Fastly Observes Stark Digital Divide in Internet Speed Amid COVID-19, But ISPs Are Making a Difference

Fastly, Inc. Class A (FSLY) 
Last fastly, inc. class a earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Findings show that while 22.3% of connections in lower income brackets still do not have acceptable internet performance for work and school during COVID-19, ISPs’ decisions to expand available bandwidth for these communities is noticeably improving internet speed. SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a global edge cloud platform, today announced a February to April 2020 analysis of internet performance within median income brackets in the U.S.1 The first in a series of data analyses on the digital divide — the unequal distribution of internet access across socioeconomic and geographic lines — these findings uncover a clear stratification of download speeds, indicating households with lower incomes experienced lower download speeds compared to households with higher incomes. In the weeks since the onset of the COVID-19 pandemic, more and more people around the world are relying on the web for work and education from home, bringing the internet's inequities in Show less Read more
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