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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
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Google Is Hooking Up Low-Income Homes With Free High-Speed Internet

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Tom Huddleston Jr.
Tom Huddleston Jr.
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By
Tom Huddleston Jr.
Tom Huddleston Jr.
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February 4, 2016, 8:34 AM ET
Google Begins Installing Ultrafast Broadband Network
Boxes of equipment needed to install Google Fiber broadband network sit on a couch at the home of customer Becki Sherwood in Kansas City, Kansas, U.S., on Tuesday, Nov. 27, 2012. Google Inc. will move a step closer to offering the fastest citywide Internet service in the U.S. tomorrow when it picks the first neighborhoods in Kansas City to get hooked into a new fiber-optic network. Photographer: Julie Denesha/Bloomberg via Getty ImagesPhotograph by Bloomberg via Getty Images
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Google is making good on last summer’s pledge to provide free high-speed Internet to low-income homes across the U.S., starting with 100 homes in Kansas City.

The tech giant said last July that it would help set up residents in public and affordable housing with free Internet access, and with no installation cost, across select cities where its Google Fiber service is available. The pledge is part of a broader White House initiative, announced last year by the Obama Administration and called ConnectHome, which aims to eventually connect 275,000 low-income homes to free high-speed Internet service through a handful of participating providers.

Google (GOOG) announced its first completed project under the ConnectHome initiative on Wednesday, with the company working with the Housing Authority of Kansas City to outfit 100 homes in that city’s West Bluff public housing complex with free Google Fiber connections.

Google said it will continue to work with affordable housing providers to connect more homes across Kansas City, and the company also said it plans to eventually provide free high-speed Internet access to select public housing residents in every city where Google Fiber is available. The service, which normally costs around $70 a month, is currently available in nine U.S. cities, with plans to expand.

 

Google also plans to offer digital literacy classes in those select markets to help more people get online.

“The U.S. has some of the most expensive broadband in the world, while lagging far behind other countries in Internet speeds,” Google Fiber vice president Dennis Kish said in a blog post. “And, for families in affordable housing, cost can be one of the biggest barriers to getting online.”

Google’s parent holding company, Alphabet, recently passed Apple (AAPL) to become the highest-valued company in the world.

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