Analysis: China faces its “Sputnik” moment as US export curbs deal a blow to its chip ambitions

U.S. export restrictions on chip equipment to China are likely to lead to its “Sputnik” moment, prompting Chinese chipmakers to try creative engineering solutions and chart their own course even if it may not succeed commercially in the longer term, experts said.
Musk says may need $30 bln to keep Starlink in orbit

Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink satellite internet venture was growing quickly as he forecast total investment costs in the business at between $20 billion and $30 billion.
Musk set to tout Starlink progress as cost, demand hurdles linger

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow phone-line internet in favor of satellite broadband service Starlink, offered by Elon Musk’s SpaceX.
SpaceX’s Starlink expects it can provide global coverage around September

Starlink, the satellite internet unit of Elon Musk’s SpaceX, expects to be able to provide continuous global coverage by around September but will then need to seek regulatory approvals, its president Gwynne Shotwel said on Tuesday.
AT&T set to end media voyage with $43 bln Discovery deal

AT&T (T.N), owner of HBO and Warner Bros studios, and Discovery (DISCA.O), home to lifestyle TV networks such as HGTV and TLC, said they will combine their content to form a standalone global entertainment and media business.
Starlink satellite internet service gets 500,000 preorders, Musk says

SpaceX has received more than 500,000 preorders for its Starlink satellite internet service and anticipates no technical problems meeting the demand, founder Elon Musk said on Tuesday. “Only limitation is high density of users in urban areas,” Musk tweeted, responding to a post from a CNBC reporter that said the $99 deposits SpaceX took for […]