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Can Elon Musk fix a $59 billion mistake?

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Why does an Australian telco – famous for having a monopoly on its infrastructure – want to get into bed with Elon Musk’s Starlink?

 
Australia is obviously a huge country and it shouldn’t come as any surprise that connecting that whole landmass is a huge challenge.

So Telstra is partnering with Elon Musk’s Starlink service to bring better connectivity to its regional customers.

But why? Telstra has sold consumers for years the idea that its network is the best.

Angus Kidman, utilities expert at Finder, says Telstra would have been hesitant to partner with Elon Musk, but the deal was too good to pass up. #featured #elon musk #telstra #nbn #starlink

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Money

ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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News

Apple’s iPhone 16 event puts AI back into the spotlight

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Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

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Leaders

Philadelphia prepares for the first debate between Harris & Trump

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Philadelphia is bracing for a pivotal political showdown as it prepares to host the highly anticipated debate between Vice President Kamala Harris and former President Donald Trump.

The debate is seen as a critical moment in shaping public opinion ahead of the upcoming elections, drawing intense media coverage and public interest. #featured #trending

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