EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance 
SpaceX CEO Elon Musk Denies Reports of $800 Billion Valuation Fundraise 
SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Starlink's satellite service withstood the most intense geomagnetic storm observed since 2003, maintaining connectivity amid widespread service disruptions.
Starlink's Robust Network Tested by Geomagnetic Forces
According to Reuters, a "degraded service" alert was sent on Saturday by Elon Musk's SpaceX satellite arm, Starlink. At the same time, the planet was being battered by the strongest solar-induced geomagnetic storm in the past 20 years.
Starlink is a significant player in satellite internet and has around 60% of the 7,500 satellites in orbit around the Earth.
Musk stated earlier in a post on X that the geomagnetic storm was putting a lot of strain on the Starlink satellites, but so far, they were holding up.
Inter-satellite laser lines let the network's thousands of satellites in low-Earth orbit send and receive data at the speed of light, enabling the network to provide internet access worldwide.
Severe Space Weather Threatens Satellite Integrity
As per the US National Oceanic and Atmospheric Administration, this storm, the most intense since October 2003, is expected to persist through the weekend. It poses a significant threat to various services, including satellite navigation, electricity grids, and navigation systems, potentially disrupting our daily lives.
Reports from The Telegraph reveal that early Saturday, the storm painted the skies over Britain and the Northern Hemisphere with breathtaking displays of color, a sight that captivated many.
According to NOAA, Northern California and Alabama in the US could see the northern lights due to the storm. Prognostication was challenging, with experts emphasizing that the sighting would likely resemble greenish hues rather than the striking curtains of color typically linked with the northern lights.
Mr. Dahl informed reporters that the storm posed a risk not to residential electrical lines but to high-voltage transmission lines for power grids. It may also impact satellites, interfering with Earth's navigation and communication services.
Photo: Evgeny Opanasenko/Unsplash
