UAE Approves 10-Year Satellite Telecommunications License for Starlink The United Arab Emirates has officially granted SpaceX’s Starlink a 10-year General Satellite Services License, authorizing the satellite operator to build and manage a public telecommunications network across the nation. Issued by the UAE’s Telecommunications and Digital Government Regulatory Authority (TDRA), the…

Meta Reaches Landmark $18 Billion Settlement with US States Meta has agreed to pay up to $18 billion over the next decade to resolve legal claims brought by nearly all U.S. states regarding youth safety on its platforms. The lawsuits alleged that Meta intentionally designed Facebook and Instagram with features…

Perplexity Targets $30 Billion Valuation in New Billion-Dollar Capital Raise Artificial intelligence search startup Perplexity is negotiating a massive new funding round worth several billion dollars that could propel the company’s valuation past $30 billion. If finalized, the new capital raise will represent a dramatic 50 percent jump from its…

Qatar Airways Expands Starlink Fleet Rollout to 150 Aircraft Qatar Airways has officially reached a key aviation milestone by expanding its Starlink-equipped widebody fleet to 150 aircraft. The carrier completed the installation across its entire Boeing 787-8 sub-fleet in seven months while becoming the first airline globally to deploy Starlink…

Alibaba Issues Record $10.2 Billion Share Placement in Hong Kong Alibaba Group Holding Ltd. launched an HK$80 billion ($10.2 billion) primary share placement in Hong Kong, marking the largest follow-on offering ever undertaken by a Hong Kong-listed company. The tech giant issued 710 million new ordinary shares priced at HK$112.70…

Apple Eliminates Over 200 Positions in Strategic Workforce Shift Apple is eliminating more than 200 positions across its Siri, Vision Pro, and software engineering divisions as part of a strategic realignment. The workforce reduction reflects a broader effort by the technology giant to redirect capital and engineering resources toward generative…