from the time-is-money-friend dept.
whoever57 writes "A new transatlantic cable (the first in 10 years) is going to be laid at the cost of $300M. The reason? To shave 6ms off the time to transmit packets from London to New York. The Hibernian Express will reduce the current transmission time — roughly 65 milliseconds — by less than ten percent. However, investors believe the financial community will be lining up to pay premium rates to use the new cable. The article suggests that a one-millisecond advantage could be worth $100M per year to a large hedge fund."
Swoolley writes "A month back this community discussed the Sprint vs. Cogent depeering. Now a story I wrote for Forbes.com tells the inside story of the fight, based on the lawsuits the two companies filed against each other in Virginia state court. For once, thanks to those suits, the public gets to see the details of a confidential peering agreement between two of the Internet's largest autonomous systems, as well as the circumstances leading up to the depeering. (Which company is in the right? Read the facts and decide for yourself.) While some people have argued that the depeering is reason for more government regulation, the Forbes story makes the case that details of the recent Cogent vs. Sprint fight argue for exactly the opposite: keeping the Internet backbones free of government meddling."