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Telecommunications & Media

Amazon\'s Leo is still too early; realistic alternatives to challenge Starlink emerge

Alternatives to Starlink are emerging in the satellite internet market, but consumers should compare more than monthly fees, including service availability by address, total first-year costs, latency and data policies. Starlink offers U.S. residential service from $55 a month and has low latency. T-Mobile’s 5G Home Internet is cited as a practical option where available. Viasat and HughesNet remain options in rural areas despite higher latency, while Amazon’s Leo is not yet a direct substitute.

Crypto

Bitcoin rebound may not signal end of bear market, new low possible in November

Bitcoin has rebounded strongly, but it is too early to conclude the bear market is over, an analysis said. Fidelity Digital Assets said Bitcoin is following a pattern similar to past cycles, though a new low could still form in November. It said the recent rise does not necessarily signal a trend reversal, despite a roughly 30 percent gain to about $81,639 by Aug. 30 after a U.S. Treasury buyback announcement.

Telecommunications & Media

Amazon steps up challenge to Starlink after Leo satellite fleet passes 390 ahead of year-end service

Amazon has increased the number of low-Earth orbit satellites for its Leo internet network to more than 390 after launching 29 additional satellites. The company said the current fleet is sufficient to support continuous service across initial latitude bands and plans to start initial service by the end of this year. Amazon aims to build a constellation of about 7,700 satellites, but launch-vehicle shortages and delays have slowed progress.