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Hong Kong charges 7 people and 2 firms over deadly fire that killed 168

Hong Kong charges 7 people and 2 firms over deadly fire that killed 168

Hong Kong authorities have charged seven people and two companies with offenses including manslaughter and conspiracy to defraud over the city's deadliest fire in decades last November
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Marine Survey Commences for Verena UK-Denmark Subsea Fibre System

Marine Survey Commences for Verena UK-Denmark Subsea Fibre System

The marine survey for the Verena subsea fibre system, connecting the UK and Denmark, has begun. This 630-kilometre cable system is designed to support the growing demand for secure, high-quality connectivity in the Nordic region. The survey, conducted by XOCEAN using Uncrewed Surface Vessels, aims to gather detailed seabed data to optimize cable routing and reduce delivery risks. The project is part of Midgard Infra's efforts to enhance digital infrastructure and is expected to be operational by the fourth quarter of 2028.
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AST SpaceMobile Schedules Launch of BlueBird Satellites to Expand Space-Based Broadband

AST SpaceMobile Schedules Launch of BlueBird Satellites to Expand Space-Based Broadband

AST SpaceMobile Schedules Launch of BlueBird Satellites to Expand Space-Based Broadband
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AI Boom Contributes to Rising Electric Bills Across the U.S., Consumer Reports Warns

AI Boom Contributes to Rising Electric Bills Across the U.S., Consumer Reports Warns

Consumer Reports highlights the impact of the AI boom on rising electric bills in the U.S. The expansion of data centers, which are essential for powering AI technologies, is contributing to increased electricity demand. These centers require significant power, comparable to small cities, and their growth is straining the aging electric grid. As a result, utility companies may seek to recover costs through higher rates, affecting household utility bills. Areas with large data center clusters, such as Northern Virginia, have already experienced significant increases in electric bills.
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Meta's Subscription Model Poised to Generate $20 Billion by 2030

Meta's Subscription Model Poised to Generate $20 Billion by 2030

Meta's Subscription Model Poised to Generate $20 Billion by 2030
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FCC Grants Amazon Extension for Satellite Broadband Network Deployment

FCC Grants Amazon Extension for Satellite Broadband Network Deployment

FCC Grants Amazon Extension for Satellite Broadband Network Deployment
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FCC Grants Amazon Leo Waiver, Temporarily Loses Spectrum Priority

FCC Grants Amazon Leo Waiver, Temporarily Loses Spectrum Priority

FCC Grants Amazon Leo Waiver, Temporarily Loses Spectrum Priority
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Three Providers Default on RDOF Awards, Impacting Broadband Expansion in Rural Areas

Three Providers Default on RDOF Awards, Impacting Broadband Expansion in Rural Areas

Three Providers Default on RDOF Awards, Impacting Broadband Expansion in Rural Areas
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Three Providers Default on RDOF Awards, Impacting Broadband Deployment in Rural Areas

Three Providers Default on RDOF Awards, Impacting Broadband Deployment in Rural Areas

The Rural Digital Opportunity Fund (RDOF) has experienced further setbacks as three service providers—Plains Internet, Easton Utilities, and MSEC Communications—have defaulted on their commitments. These defaults affect broadband service delivery in Kansas, Maryland, and Texas. Plains Internet was set to receive $9,834 for three locations in Kansas, Easton Utilities $189,047 for 909 locations in Maryland, and MSEC Communications $4.2 million for 9,024 locations in Texas. The Federal Communications Commission (FCC) has given these providers six months to repay the support recovery amount or face financial penalties. High construction costs were cited as a primary reason for the defaults, with MSEC Communications highlighting that costs exceeded their RDOF award. Easton Utilities also mentioned the financial burden of ongoing testing requirements.
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AT Introduces Unlimited Day Pass for iPad Users, Offering Flexible Connectivity

AT Introduces Unlimited Day Pass for iPad Users, Offering Flexible Connectivity

AT Introduces Unlimited Day Pass for iPad Users, Offering Flexible Connectivity
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Cisco Highlights Service Providers' Role in AI's Inferencing Era

Cisco Highlights Service Providers' Role in AI's Inferencing Era

Cisco Highlights Service Providers' Role in AI's Inferencing Era
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China says 'illegal' outbound investment crackdown won't lead to forced liquidation

China says 'illegal' outbound investment crackdown won't lead to forced liquidation

June 8 (Reuters) - China's crackdown on "illegal" cross-border investment won't lead to mainlanders' offshore accounts being closed and assets liquidated forcibly, the securities regulator said, amid investor concerns over the fate of $54 billion worth of assets.