U.S. FAA: No Plans to Sign Communication Contract with Starlink for Now
On July 16 local time, the U.S. Federal Aviation Administration (FAA) stated it has not considered replacing its existing contracts with L3 Harris Technologies and Verizon with SpaceX’s Starlink for aviation control systems. The FAA clarified it will not use Starlink or any satellite service as the sole communication technology for safety-critical air traffic services, nor will it abandon previous partners for SpaceX.
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Meta Ignites Silicon Valley AI Talent War with $Billion Superintelligence Labs Push
Meta has triggered a Silicon Valley talent crisis with its newly launched Superintelligence Labs (MSL), luring top AI researchers from Apple, OpenAI, and Google DeepMind with unprecedented compensation packages. The move, backed by multi-billion-dollar investments, aims to rebuild Meta’s generative AI capabilities after its Llama series models faced mounting competition.
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Quantum Computing: Poised to Transform Technology in Coming Decades
Quantum computing encodes and manipulates data using subatomic properties like superposition and quantum entanglement. Long confined to theory over past decades, recent research has yielded meaningful progress, with a practical quantum computer likely to emerge within 5–15 years.
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Emerging Weapons Technologies to Reshape Battlefields Over Next 30 Years
Over the next three decades, several new weapons technologies will emerge on the battlefield. Beyond currently developing non-lethal and energy weapons, multiple nations are pursuing anti-access/area denial (A2AD) systems to block military operations. A2AD technologies include anti-ship ballistic missiles, precision-guided anti-vehicle and anti-personnel weapons, counter-rocket, artillery, and mortar (CRAM) systems, anti-satellite weapons, and electromagnetic pulse (EMP) devices.
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Microsoft to Cut 9,000 Jobs Globally Amid AI Chip Delays
Microsoft announced plans to lay off approximately 9,000 employees worldwide, about 4% of its workforce, marking a major restructuring as it enters the 2026 fiscal year. The cuts, spanning multiple teams and roles, extend layoffs from May and June, aiming to reduce management layers and boost operational agility amid fast-changing tech and market conditions.
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IQM Achieves Quantum Computing Profitability by Emulating SpaceX's Early Revenue Model
Finnish quantum computing firm IQM has achieved early-stage profitability by leveraging a SpaceX-inspired strategy of selling pre-commercial quantum systems to government-backed research institutions and supercomputing centers, CEO Jan Goetz announced at The Next Web (TNW) conference. This approach has generated over €90 million ($100 million) in orders since its 2018 founding,
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China, Hong Kong Launch Cross-Border Payment Connect System
China’s central bank and Hong Kong’s monetary authority launched "Payment Connect" on June 22, linking mainland China’s Online Interbank Payment Clearing System (IBPS) with Hong Kong’s Faster Payment System (FPS) to enable real-time cross-border remittances. The initiative, announced in a joint statement on June 20, aims to streamline cross-border transactions for residents in both regions.
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