Wi-Fi speeds are about to triple

The ultra-slow Wi-Fi at your local coffee shop could soon be getting a big boost.

Qualcomm announced plans this week for new technology that it says could triple Wi-Fi speeds in homes, offices and on public networks.

At the moment, Wi-Fi networks can only serve one device at a time, cycling quickly among different users. That creates slower speeds for everyone when more devices connect to the network.

"On a network like this, streaming or video chatting can be like sitting in the driver's seat at rush hour: you'll get to your destination, but it's going to take some time," Qualcomm said.

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