Money

SpaceX will also be orbiting in Google’s cloud?

Published

3 years ago

May 14, 2021

SpaceX and Google have announced a deal.

The new deal will see Starlink ground stations placed in Google data centre properties…with the first to switch on in the second half of the year.

The goal is for businesses to reach cloud services from rural and regional parts of the planet.

Google said that Connectivity from Starlink’s constellation of satellites provides a path for data to be distributed across countries, quickly and securely

“Connectivity from Starlink’s constellation of low-Earth-orbit satellites provides a path for these organisations to deliver data and applications to teams distributed across countries and continents, quickly and securely,” Google said.

Also, Australian fibre provider, Vocus, has put a bid in to host LEO ground stations.

“This means having ground stations in regional areas close to where the end-users are located, to minimise round-trip time,” Vocus general manager for government and strategic projects Michael Ackland said.

In other Elon-related news, the SpaceX and Tesla CEO tweeted earlier this week that the carmaker would stop accepting bitcoin payments.

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Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

6 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

7 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending