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SpaceX and T-Mobile teaming up for “something special”

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Space X and T-Mobile are teaming up for a major announcement in Texas.

The companies are announcing plans to increase connectivity.

SpaceX “chief engineer” and boss Elon Musk, plus T Mobile’s CEO Mike Sievert are presenting the event at the SpaceX Starbase site in South Texas.

That’s where a Starship prototype was recently loaded onto the launchpad.

The two companies haven’t given much more away about the event, though Musk is already teasing the event will be something special. 

SpaceX’s satellite communications division Starlink is launching a mega-constellation of satellites to low Earth orbit with the aim of providing internet connectivity to underserved regions of the world.

Analysts predict the deal will combine Startlink’s service with T-Mobile’s home coverage, but we’ll have to wait for the big event.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Bonanza hits on the gold play with Michael Goldberg

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On this week’s episode of Talk Ya Book, Chris Judd is joined by Collins Street Value Fund’s Michael Goldberg to discuss the banking crisis sweeping the world. And why Goldberg’s stock choice could be one to closely follow, with its high gold grades.

Proudly presented by Honan.

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Amazon to axe 9,000 jobs

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This is the second round of layoffs for the company in the past six months

Online retailer Amazon has revealed it will be cutting a further 9,000 jobs.

This is the second round of layoffs for the company this year, after axing a total of 18,000 jobs over the past six months.

It’s on the back of a possible economic recession and tightened conditions.

“Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount.” CEO Andy Jassy said in a company memo.

Amazon follows Meta – becoming the second tech giant to announce a second round of cuts.

The layoffs are concentrated on the company’s cloud services, advertising and Twitch units.

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Major central banks announce U.S.Dollar flow boost

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This is to help credit flowing households and business

The U.S. Federal Reserve and several other major central banks have announced a co-ordinated effort to boost the flow of U.S. Dollars.

The aim is to keep credit flowing to households and businesses, and improve conditions that are tightening due to rising interest rates.

Market turmoil over the past fortnight has made it harder for investors to borrow money.

Two U.S. banks have failed, while Credit Suisse has been rescued by UBS.

“The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity,” the central banks released in a joint statement.

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