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Musk delivers free internet in wildfire-hit California

Musk delays Cybertruck deliveries to provide free internet via Starlink in wildfire-hit California, aiding connectivity efforts.

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Musk delays Cybertruck deliveries to provide free internet via Starlink in wildfire-hit California, aiding connectivity efforts.

Billionaire Elon Musk plans to utilize Tesla Cybertrucks and Starlink to provide free internet in California’s wildfire-affected areas.

He announced the delay of Cybertruck deliveries via a post on X.

Musk explained that the Cybertrucks would act as mobile base stations to power Starlink terminals in locations within Los Angeles lacking connectivity.

A new Cybertruck is expected to arrive by the end of the week.

The plan involves strategically placing Cybertrucks with Starlink in a grid layout throughout Greater Los Angeles and Malibu to help those needing internet access.

Musk also noted that security personnel would accompany the Cybertrucks, providing snacks and drinks for local residents.

This initiative is in line with Musk’s recent offer of free Starlink terminals in Los Angeles.

He retweeted a report praising Starlink for delivering essential connectivity in areas without cellular service.

Separately, hedge fund manager Bill Ackman recently discussed leveraging technology from companies like SpaceX for fire prevention.

He proposed a concept combining satellites, artificial intelligence, and drones aimed at monitoring and extinguishing wildfires, prioritising safety and reducing risk to human lives.

Ackman expressed interest in investing in this idea, indicating its potential positive impact on real estate values in California.

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Fed rate cut fallout shakes global markets

US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.

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US Federal Reserve’s rate cut unsettles investors, igniting debate on easing cycle versus one-off move.


The US Federal Reserve’s latest quarter-point rate cut has unsettled investors worldwide, sparking debate over whether it signals the start of an easing cycle or a one-off move.

#FederalReserve #Markets #InterestRates #Australia #TickerNews


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Aussie jobs market shows signs of strain

Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.

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Australia’s job market shows decline with 5,400 cuts in August; unemployment steady at 4.2% despite easing migration.


Australia’s labour market is losing momentum, with 5,400 jobs cut in August and participation falling, even as unemployment held steady at 4.2%.

Employment growth has slowed sharply, migration is easing, and the Aussie dollar has dropped after touching an 11-month high.

#Australia #Jobs #FederalReserve #InterestRates #Markets #TickerNews


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Trump threatens TV networks over licences

Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.

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Trump escalates feud with networks post-Kimmel suspension, threatening license revocations amid claims of bias against him.


President Donald Trump has escalated his feud with television networks after ABC suspended Jimmy Kimmel’s late-night show.

Trump suggested broadcasters that he claims are “against him” could face licence revocations.

He argued that networks were “97 percent against me” during the 2024 election and praised FCC Chairman Brendan Carr as “outstanding.”

#Trump #Media #FCC #JimmyKimmel #TickerNews


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