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SpaceX Builds A Regulatory Moat Around Its Starlink Empire
Scotiabank analysts write that SpaceX is using the Federal Communications Commission (FCC) process to transform spectrum rights, service approvals, and satellite rulemaking into a regulatory moat around Starlink. This reinforces its position as the rocket and AI company moves to secure years of dominance as the leading space-based communications provider.
Scotiabank's Maher Yaghi and Joey Chan wrote in a note titled "SpaceX at the FCC: Building a Wider Regulatory Moat" that, after reviewing SpaceX's filings from October 2025 through June, there are three major takeaways regarding how the company is "reinforcing three core advantages":
1. Increasing control of scarce spectrum assets,
2. shaping a regulatory framework better suited to scaled constellation economics, and
3. broadening the authority needed to extend Starlink into mobile and supplemental-coverage use cases.
Yaghi said, "For investors, the filings point to a coordinated effort to widen SpaceX's structural lead over smaller or less integrated peers."
Here's how the coordinated push could allow Starlink to dominate the industry for years, as explained by the analysts:
The biggest file in the dockets is spectrum transfers. The Echostar related filings collectively suggest that SpaceX was not simply pursuing transfer approval, but working to ensure the asset would be usable on commercially attractive terms. That distinction matters. Spectrum only carries strategic value if the associated rights are flexible enough to support deployment, service expansion, and product monetization. Viewed through that lens, the filing record suggests SpaceX was willing to make concessions to secure an asset that could deepen service quality, broaden addressable markets, and raise the entry hurdle for competitors without comparable spectrum depth or regulatory leverage.
The second pillar is rule-shaping. SpaceX has been active in the FCC's work on NGSO/GSO coexistence, particularly docket SB 25-157, where the outcome has direct implications for how efficiently large constellations can scale. This is important because, in satellite, the rule book can be as valuable as the hardware. A sharing framework that better accommodates large, dense networks disproportionately benefits operators with the capital base, launch cadence, and vertical integration to exploit it. Read alongside GN 25-340, which relates to SpaceX's push for NGSO MSS authority and supplemental coverage from space, the broader pattern is clear: the company appears to be aligning spectrum, service authority, and operating rules around a more integrated mobile-satellite platform. If successful, that could strengthen SpaceX's cost, coverage, and time-to-market advantages.
More broadly, SpaceX's filing activity suggests it is not limiting itself to company-specific approvals. Its presence across proceedings on market access reciprocity, satellite modernization, Upper C-band, spectrum abundance, and coordination procedures indicates a wider effort to influence the regulatory architecture. For investors, that matters because competitive advantage here is not determined solely by launch capability or network footprint; it is also shaped by who helps define the operating environment. Consistent engagement across multiple proceedings suggests SpaceX is seeking to shape a framework that reinforces LEO scale economics.
Comparing SpaceX filings at the FCC to T-Mobile, Verizon and AT&T, we see differences. Clearly, the three incumbents appear substantially more active at the FCC in raw filing volume. Compared with the incumbents, SpaceX appears less active in raw volume but more concentrated in a small number of strategic, platform-defining asks, whereas T-Mobile, Verizon, and AT&T maintain much broader filing portfolios spanning transactions, waivers, operational compliance, and policy matters. SpaceX's interventions are concentrated in the following areas: (1) spectrum acquisition and waiver relief, (2) reshaping satellite sharing constraints, (3) securing NGSO MSS and supplemental coverage authority, and (4) shaping adjacent policy frameworks such as market access reciprocity.
Those rivals include:
1. Amazon Kuiper: Amazon's planned low-earth-orbit broadband constellation and probably Starlink's most important future U.S. competitor.
2. OneWeb / Eutelsat: A LEO satellite network focused heavily on enterprise, government, aviation, maritime, and remote connectivity.
3. Telesat Lightspeed: Canada-backed LEO broadband constellation aimed at enterprise, telecom, aviation, maritime, and government markets.
4. Viasat / Inmarsat: GEO and mobility-focused satellite broadband player, strong in aviation, maritime, government, and defense.
5. HughesNet / EchoStar / Dish spectrum assets: Legacy satellite broadband and spectrum player, relevant because of SpaceX's EchoStar-related filings.
6. AST SpaceMobile: Direct-to-device satellite broadband company focused on connecting standard mobile phones from space.
The key to understanding Starlink's lead is that it is not just a satellite internet provider. It is vertically integrated with SpaceX's impressive launch machine, giving it a massive advantage no rival can currently match - not even Amazon Kuiper with Jeff Bezos' Blue Origin. And that advantage could widen once Starship is commercialized.
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Obama-Appointed Judge Dismisses Federal Government's Lawsuit Challenging Los Angeles Sanctuary City Policy
Authored by Aldgra Fredly via The Epoch Times,
A California judge has dismissed the federal government's legal challenge to Los Angeles's sanctuary city ordinance that restricts the use of city resources to assist federal immigration enforcement.
People in the audience hold up signs as the Los Angeles City Council considers a "sanctuary city" ordinance during a meeting at City Hall in Los Angeles on Nov. 19, 2024. Etienne Laurent/AFP via Getty ImagesU.S. District Judge Fernando Olguin of the Central District of California said the federal government failed to support its claim that the city's ordinance violates the doctrine of intergovernmental immunity. But the judge stated that the government could file an amended complaint.
"The Ordinance does not directly regulate the federal government. Rather, it 'controls the actions of [the City's] own agents and agencies," the judge stated in a five-page order dated June 20.
Olguin rejected the government's argument that the ordinance was preempted by federal law because it "restricts the sending, requesting, maintaining, or exchanging of citizenship or immigration status" by prohibiting city personnel from collecting such information.
The judge said the ordinance's provision "merely restricts a City employee from inquiring into or collecting information about a person's citizenship or immigration status, and says nothing about the City's ability to maintain or share such information."
In a statement on June 22, Los Angeles city attorney Hydee Feldstein Soto praised the judge's order, saying it "reinforces the well-established principle that local governments have the authority to decide how to use their personnel and resources."
The Department of Justice (DOJ) filed the lawsuit in June 2025, alleging that Los Angeles's sanctuary city laws are unlawful because they "interfere with and discriminate against" the federal government's immigration enforcement efforts.
The department alleged that the city's ordinance impeded federal immigration authorities from detaining illegal immigrants who are subject to removal and have been convicted of crimes.
The Trump administration said the city's refusal to cooperate with federal immigration enforcement had led to "lawlessness, rioting, looting, and vandalism that was so severe," which prompted the deployment of the California National Guard and the U.S. Marines to restore order in the city.
The Epoch Times reached out to the DOJ for comment but did not receive a response by the time of publication.
The Trump administration also brought similar legal challenges against several other cities and states with sanctuary policies, including New York City, Minnesota, and Illinois.
In April 2025, President Donald Trump issued an executive order directing the DOJ and the Department of Homeland Security to pursue legal remedies for jurisdictions that refuse to comply with federal law.
"This is a lawless insurrection against the supremacy of Federal law and the Federal Government's obligation to defend the territorial sovereignty of the United States," the president said. "It is imperative that the Federal Government restore the enforcement of United States law."
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Cyberattack Hits Iran's Banking System, Disrupting Card Networks At Three Major Lenders
It seems that the United States and Israel have not completely given up on covert efforts toward regime change in Iran, or at least on sabotage efforts to weaken the government's hold over the population.
The precursor to Trump's Operation Epic Fury was of course the January economic protests, which saw serious clashes with police and security forces, and left thousands dead. Trump subsequently claimed over 30,000 were killed - a very high, dubious number - according to many independent analysts.
At the same time US Treasury Secretary Bessent openly bragged about waging economic warfare to send the Rial plunging, which was a spark and catalyst for the destabilizing protests and unrest.
On Tuesday Al Jazeera reports on what could be renewed efforts to further weaken Iran from within. "Iran's state-owned banking technology provider says attacks disrupted services at Bank Melli, Bank Saderat and Bank Tejarat," the publication reports.
EPA, via ShutterstockOne theory among Washington hawks is that economic collapse can be engineered via external means (though Israel has also long bragged about having many assets on the ground inside the Islamic Republic).
Is the prior failed 'plan A' still on? ...even as direct bombing has failed to achieve regime change?
According to more from Al Jazeera, referencing the major bank-focused cyberattacks:
This had prompted a temporary suspension of all card-related operations at the three banks to prevent further unauthorized access, the company told state TV, with cybersecurity teams working to restore normal operations.
The company’s public relations head said ATM services, point-of-sale terminals and mobile applications linked to card systems were all affected.
Major banks, including Melli, Saderat, Tejarat and the Export Development Bank of Iran, have faced disruptions first reported on June 14 after a cyberattack targeting a shared communication infrastructure, Iran’s banking coordination council has said.
As far can be assessed, there was no unrest or protests that resulted in this latest incident, and Iranian state media has in follow-up reported that the serious issues and lack of fund access for customers took several days to resolve.
"Iranian authorities have previously blamed hostile foreign actors, such as Israel, for similar incidents. Israel has previously not commented on such allegations," the Tuesday report also noted.
Iran is bracing for more such cyber-provocations, given it is still technically at war with the US and Israel, and despite the signing of the peace MoU with the US, based on extending the ceasefire for at least 60-days, giving time for the nuclear issue to be dealt with.
Tyler Durden Tue, 06/23/2026 - 17:20