The enormous ping post 10.10.3 update can also be from iCloud Photo Library from Photos app, which if you let it, attempts to upload every single picture from iPhoto and your Mac to iCloud, and download thumbnails from your iPhone / iPad to the Mac. This is frequently many GB, I have a 64GB iPhone for example, with 45GB of Photos. So, do you want that to upload from iPhone to iCloud and download thumbs to the Mac at the same time? No not really but thats what it tries to do, making the network very slow much like you describe. The send/recv network congestion from that alone will easily send your ping to 10 seconds.
It's hard to imagine such low quality software could be coming out of Apple lately. I hope they figure this out, maybe hire a larger Mac QA team if needed. And the OS X Public Beta program is kind of a joke, all bug reports go ignored. Not a single bug report I have filed has been addressed.