The Biden administration’s Launch Communications Act, signed into law Sept. 26, aims to streamline the Federal Communications Commission’s process for regulating radio frequencies during commercial space launches and reentries. With this new law, satellite companies should expect a more efficient process ... READ MORE >
Tech, media and telecom
New Canadian regulation is set to help level the internet playing field
Canada regulators are pushing for increased competition in the internet space with a new regulation designed to give consumers more choice and competitive pricing, while offering a leg up to smaller telecoms providers seeking to grow their share of the market for internet service. On Aug. 13, the ... READ MORE >
Space companies benefiting from rising demand and focus on efficiency, executives say
During fourth-quarter earnings calls, executives in the space industry discussed three levers they are pulling to create business value—sales, operating efficiency and investment. Quarterly sales expanded in the sector, benefiting from increased global demand. At the same time, companies improved ... READ MORE >
Space companies leverage new strategies
During third-quarter earnings calls, space executives discussed the use of artificial intelligence (AI) as a critical component of satellite and imagery technology. Solutions are needed at the speed of AI to maintain U.S. tactical prowess against adversarial countries. Rising interest rates had ... READ MORE >
Netflix, WWE deal underscores shift around sports media rights
Netflix’s announcement this week that it will soon be the new home of World Wrestling Entertainment’s weekly live show, Raw, is one of the latest signs of the shifting environment of sports media rights. The 10-year rights deal—which Reuters reported was for more than $5 billion—enables the streaming ... READ MORE >
“Future lunar economy” has companies running a new space race
During second-quarter earnings calls, space company executives discussed the market expansion that the new space race is driving. Governments and the private sector are investing in projects to secure rare metals and resources found on the moon, which can be used in new technology and further sustainable ... READ MORE >
Tech layoffs calm, but tech jobs still take a hit
Artificial intelligence advancements continue to be a primary source of optimism for the technology ecosystem and a partial counterbalance to challenges in media and entertainment. Employment data released Friday reflects not only that optimism, but also that wages in the industry are stabilizing ... READ MORE >
Tech employment levels off; layoffs may be shifting toward middle market
Tech employment fluctuations have calmed over the past few months as layoff announcements from large public technology companies slow. Revised seasonal tech employment was 3,095,000 in June, the same figure as in April and May, according to the June jobs report released Friday by the Bureau of ... READ MORE >
Artificial intelligence, shifting content habits: Media companies navigate WGA strike
Streaming and TV companies may have an easier time navigating the Writers Guild of America strike this summer than they have had during past labor stoppages, but disruption will be more significant if the strike continues into late summer and fall. WGA members began striking in early May, seeking ... READ MORE >
AI advancements may be easing impact of tech sector layoffs
Two focus areas in the technology sector so far this year—advancements in generative artificial intelligence and industry layoffs—may be offsetting each other when it comes to their net impact on the tech workforce. From January to April, 135,000 tech workers were laid off (according to Crunchbase), ... READ MORE >