Tech
Musk vs Bezos – Amazon to take on SpaceX yet again
Amazon plans to take on Elon Musk’s SpaceX in the satellite internet arena
Amazon has outlined its plans to deliver internet from space under Project Kuiper.
The company says it will be done by sending more than 3000 small satellites in low Earth orbit.
The e-commerce giant had signed a multi-billion-dollar contract back in April, securing 83 launches for its Project Kuiper from Arianespace, Blue Origin and United Launch Alliance.
The contract was the the largest rocket deal in the history of the commercial space industry
“These launch agreements reflect our incredible commitment and belief in Project Kuiper and we’re proud to be working with such an impressive lineup of partners to deliver on our mission,” Dave Limp, the Senior Vice President for Amazon Devices & Services says in a written statement.
Tech expert Greg Nibler says Amazon is an “economic powerhouse” that has bought its way into becoming a “viable competitor”.
“With Amazon securing these contracts… will give them enough to provide some pretty reliable internet to a lot of places around the globe,” Nibler says.
SpaceX has about 2000 satellites already up in the space and a clearance to put up 12,000 but Nibler says while SpaceX is ahead of its game, Amazon is already in households across the globe.
“You think of that as just ready made customers,” he says.
“I bet that’s what they’re going to do… integrate it in with everything they’ve already got,” Nibler says, calling it a huge competitive advantage.
SpaceX’s Starlink provides internet at the cost of $110 per month but Nibler says if Amazon can make its service’s price low enough, it will be a win for the company.
Billionaire’s space race
Jeff Bezos’ satellite internet project was revealed in 2019 and is expected to be launched in installments over 5 years.
On the other hand, Nibler says Elon Musk is on the top of the world.
“With Starlink he is so far ahead I doubt he is going to view Amazon as much of a competitor,” he says.
Nibler says Bezos attempts to come after Musk over anything space based have been no secret.
“They trade their barbs back and forth on Twitter which Musk now owns,” he says.
“He (Musk) is leagues ahead of everyone so he’s kind of sitting in driver’s seat right now.”
Musk’s Starlink is available to order and is said to be suited for rural and remote communities where connectivity is otherwise unreliable or unavailable.
Rijul Baath contributed to this report
Tech
Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.
Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.
Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.
Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#Apple #TimCook #iPhone17e #AppleEvent #TechNews #iPad #MacBook #Innovation
Tech
Nvidia posts record revenue as AI fears shake investors
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.
Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.
Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.
Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Tech
Meta launches lawsuits over alleged scam advertising operations
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.
Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.
Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.
While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Tech4 days agoMeta launches lawsuits over alleged scam advertising operations
-
Money5 days ago
Australia’s inflation report and Nvidia earnings impact explained
-
News3 days ago
Crude oil prices spike amid U.S.-Israel military action
-
News2 days ago
Iran warns ships to avoid Strait of Hormuz
-
News3 days ago
U.S. and Israel attack Iran, escalating regional conflict
-
News1 day ago
Iran live updates: Trump Says Iran strikes to continue for four to five weeks
-
Shows1 day ago
Cities reshaped by capital, policy, and design insights
-
News3 days ago
Markets brace for turmoil after U.S. strikes Iran
