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Starlink: Elon Musk makes lofty promises for satellite internet

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Elon Musk says SpaceX’s satellite network Starlink is on track to beam broadband internet across the entire planet (bar the arctics) by August, with half a million users within a year.

“We’re on our way to having a few hundred thousand users, possibly over 500,000 users within 12 months,” he said. SpaceX has already launched over 1500 satellites, with Starlink operational in about a dozen countries.

“Filling in the gaps between 5G and fiber”

Musk considers Starlink to be “complementary” to existing 5G providers rather than directly competing with them.

“You can think of Starlink as filling in the gaps between 5G and fiber and really getting to the parts of the world that are the hardest to reach,” he said

SpaceX aims to offer broadband to parts of the world where conventional fibre and wireless networks can’t reach. The company plans to offer its technology to customers in rural areas, as well as governments seeking better internet connection.

Musk said he’s signed two deals with “major country” telecom operators

While he couldn’t name the operators yet, he said he’s also in discussions with more. Starlink is currently is its beta stage of development.

While costs are high, with many individual users are paying $99 per month, or $499 for a bundle including a self-aligning Starlink dish and Wi-Fi router.

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Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Ramifications of a TikTok ban to impact Open Internet

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The United States’ longstanding advocacy for an open internet faces a critical juncture as Congress considers legislation targeting TikTok.

The proposed measures, including a forced sale or outright ban of TikTok, have sparked concerns among digital rights advocates and global observers about the implications for internet freedom and international norms.

For decades, the U.S. has championed the concept of an unregulated internet, advocating for the free flow of digital data across borders.

However, the move against TikTok, a platform with 170 million U.S. users, has raised questions about the consistency of America’s stance on internet governance.

Read more – Big tech to handover misinformation data

Critics fear that actions against TikTok could set a precedent for other countries to justify their own internet censorship measures.

Russian blogger Aleksandr Gorbunov warned that Russia could use the U.S. decision to justify further restrictions on platforms like YouTube.

Similarly, Indian lawyer Mishi Choudhary expressed concerns that a U.S. ban on TikTok would embolden the Indian government to impose additional crackdowns on internet freedoms.

Moreover, the proposed legislation could complicate U.S. efforts to advocate for an internet governed by international organizations rather than individual countries.

China, in particular, has promoted a vision of internet sovereignty, advocating for greater national control over online content.

A TikTok ban could undermine America’s credibility in urging other countries to embrace a more open internet governed by global standards.

 

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BlackRock CEO Larry Fink says AI leads to higher wages

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Larry Fink, the CEO of BlackRock Inc., has outlined his vision for the impact of the firm’s investment in artificial intelligence.

During the company’s recent earnings call, Fink emphasized the connection between productivity gains driven by AI and the potential for rising wages among BlackRock’s workforce.

He explained the firm’s ambition to leverage AI technology to enhance efficiency, enabling employees to accomplish more with fewer resources.

Fink’s remarks underscore BlackRock’s strategic approach to harnessing AI as a tool for optimising operations and driving organisational growth.

Read more – Australia’s productivity gap widens

By leveraging AI-driven productivity enhancements, the company aims to empower its employees to deliver greater value, thereby paving the way for wage increases across the organisation.

The CEO’s statement reflects a broader trend in the intersection of technology and labor dynamics, where advancements in AI and automation have the potential to reshape workforce dynamics and compensation structures.

Fink’s optimism about the transformative impact of AI investment on employee wages highlights BlackRock’s commitment to embracing technological innovation as a catalyst for sustainable business growth and employee prosperity.

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How Udio could threaten the entire music industry

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The music industry faces a formidable challenger in the form of AI technology application Udio.

With the emergence of a groundbreaking new app, concerns are mounting over its potential to revolutionise music creation and consumption.

The app, powered by advanced algorithms and machine learning, promises to streamline the music production process, allowing users to generate high-quality tracks with minimal effort.

Tom Finnigan from Talkingbrands.ai joins to discuss Udio, along with the goods and bads of AI integration in the music industry.

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