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Saturday, October 15, 2016
Google, Facebook to Invest in U.S.-China Data Link
Updated Oct. 12, 2016 11:39 p.m. ET
The first thing that drew me to this article was the fact that Google and Facebook are not available in China, and they do mention that fact in the article.
Overall I think the increased internet access is a great things, I wonder if these companies are trying to make their way into China. The internet is a wonderful thing because it provides access to knowledge that you can't possibly attain on your own. It's also beneficial to have a clear understanding of what is going on in other parts of the world, and I think it would be a great thing for the people living there.
All companies and countries involved will benefit financially, and they are using the newest fiber-optic technology that is supposed to be ultra fast and provide a ridiculous amount of bandwidth. This makes internet users very happy! Financial terms were not disclosed, but one company involved, China Soft Power, said that they expect to "record a significant decrease in net loss". I am very interested to see where this new venture and increased internet access could take China, and the possibility of Google and Facebook becoming the norm in China in the future.
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