Tag: million
Was the US Government Scammed for $1 Million by a Company Claiming to Have UFO Debris? – UFO Explorations
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Samsung aiming to sell 10 million foldable smartphones in 2022
FCC rejects Starlink request for nearly $900 million in broadband subsidies
Starlink can’t count on a flood of government subsidies to help expand its satellite internet service. The FCC has rejected the SpaceX unit’s bid to receive $885.5 million in aid through the Rural Digital Opportunity Fund. The broadband provider “failed to demonstrate” that it could deliver the claimed service, according to a statement.
FCC chair Jessica Rosenworcel said Starlink had “real promise,” but suggested her agency couldn’t justify 10 years of subsidies for “developing technology” that requires a $600 satellite dish. She added that the FCC needed to make the most of “scarce” funding for broadband expansion.
SpaceX won its bid in December 2020 through an auction. At the time, it said it would use the subsidies to serve 35 locations. It also promised prices in sync with terrestrial broadband, and that it would meet “periodic” service buildout requirements.
LTD Broadband, a fixed wireless provider, netted over $1.3 billion in that auction and also lost its bid today. That company was not “reasonably capable” of deploying the required internet service after it lost qualifying statuses in seven states, the FCC said.
We’ve asked SpaceX for comment. The denial isn’t a fatal blow to the company’s plans, but it makes clear that Starlink will have to rely on its own funding if it’s going to expand as outlined in 2020. The FCC’s move might also serve as a warning to other would-be fund recipients. While the Commission is eager to improve rural broadband, it won’t grant money to internet providers without some close scrutiny.
Hackers and fraudsters used crypto bridge RenBridge to launder $540 million, says report
Hackers, fraudsters, and others laundered at least $540 million through the cryptocurrency bridge network RenBridge since 2020, according to blockchain analysis group Elliptic. Elliptic researchers published the report today, citing RenBridge as an example of the risks of decentralized cross-chain networks.
RenBridge is pitched as a way to easily convert virtual currencies like ZCash and Bitcoin to the Ethereum network and then to other blockchains. But “as well as a legitimate tool, cross-chain bridges have also emerged as a key facilitator of money laundering,” letting users avoid regulations and move money easily across networks, the report says. That includes the proceeds of ransomware operations and theft from other chains.
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Disney+ soars to 152.1 million subscribers after adding 14.4 million in Q3
Finix raises $30 million as fintech’s spotlight picks its sides
Iran Concludes $10 Million Import Using Crypto. US Sanctions Dead?
Disney adds 14.4 million subscribers to Disney+ – and will HIKE prices for all streaming services
Disney Plus Hits Over 150 Million Subscribers, Hulu And ESPN Plus Also See Growth
Globally, Disney+ has reached 152.1 million subscribers, as of July 2, 2022. This was noted prior to the August 10 investor call. The streaming service has grown 31% globally in the last year..
For the United States and Canada, Disney+ has 44.5 million subscribers–with the total for the service being 93.6 million around the globe. The remaining 58.4 million come from Disney+ Hotstar, which grew from 44.9 million since 2021.
In May, Disney announced it closed the quarter with 137.7 million Disney+ subscribers, so over the course of the past three months, the streaming service has gained an additional 14.4 million subscribers.