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Delta Rejects Starlink for Amazon Leo; Musk Warns of Customer Loss
Delta chooses Amazon Leo over Starlink for in-flight WiFi, prompting Elon Musk to warn of customer losses. United has 600+ Starlink-equipped planes; Delta’s rollout doesn’t start until 2028.
RBA Lifts Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, highest since 2011, citing elevated inflation from energy prices and AI demand. Mortgage holders face higher repayments; savers may see improved rates.
Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
RBA Hikes Cash Rate to 4.60% on September 29, Highest Since 2011
RBA raises cash rate to 4.60%, the highest in 15 years. Fourth hike of 2026 adds $100 monthly to $700k mortgages. Markets price 60% chance of sixth hike by mid-2027.
PS5 Pro Japan Pre-Orders Open September 28 at ¥137,980
Sony Japan launches PS5 Pro pre-orders at ¥137,980 on September 28. Buyers must have 60+ hours of PS4/PS5 gameplay in the past two years. Lottery system if demand exceeds stock.
NEARUSD Slides 12.2% to $4.72 as RSI Hits Extreme Overbought 82
NEAR Protocol USD fell 12.2% to $4.72 in 24 hours with RSI at 82, signaling extreme overbought conditions and a potential pullback.
Stock Market Slides as Oil Spikes and AI Safety Concerns Mount
Stock markets slide worldwide as oil climbs on US-Iran deadlock and AI safety worries. Brent crude near $108, Treasury yields elevated, emerging markets hit hardest.
NSW AI Seatbelt Fines Surge 690% as Motorists Challenge Blurry Camera Photos
NSW seatbelt fines jumped 690% after AI cameras were introduced, but motorists are successfully challenging convictions citing poor image quality. NRMA data shows 88% of fined drivers were actually wearing seatbelts.
Bill Gates Warns AI Could Cause Billion Deaths, Demands Federal Rules
Bill Gates warns AI could cause billion deaths and demands federal regulation. Self-regulation by tech companies is not enough, he told NBC’s Meet the Press.