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Ethernet can send information either wirelessly (known as WiFi) or, more commonly, over wires. It runs at 10mbps, and all terminals connect to a single common bus (sometimes called a highway). It serves as the IEEE (Institute of Electrical and Electronics Engineers) 802.3 standard, which ensures that networks adhere to a particular set of technical standards. A new type, known as Fast Ethernet, or 100Base-T, runs at 100Mbps, and the newest type, Gigabit Ethernet, runs at 1gigabit per second.