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On May 16, Iraqs newly appointed Oil Minister, Bassim Mohammed, stated at a press conference that Iraq exported 10 million barrels of oil via the Strait of Hormuz in April. Mohammed indicated that Iraq plans to engage in discussions with OPEC to increase the countrys crude oil production and export capacity, adding that Baghdads goal is to increase crude oil production capacity to 5 million barrels per day.Iraqs oil minister said Iraq is seeking discussions with OPEC to increase its crude oil production and export capacity, and hopes to increase production capacity to 5 million barrels per day.On May 16th, it was reported that on May 15th, 2026, Nvidia CEO Jensen Huang ordered a "Peach Four Seasons Spring" drink at a Mixue Ice Cream store in Nanluoguxiang, Beijing, sparking attention. A Mixue Ice Cream staff member responded that after the "Celebrity Endorsement" feature was launched on their mini-program, sales of the Peach Four Seasons Spring drink increased by nearly 140% compared to the previous day and by over 90% compared to the previous Friday. At the Nanluoguxiang store visited by Huang, sales of the Peach Four Seasons Spring drink increased by over 90% compared to the previous day.Iraqi Oil Minister: We exported 10 million barrels of oil through the Strait of Hormuz in April.Bill Ackman: Pershing Squares sale of Google stock is not a sign of bearish sentiment towards the company. We remain a very bullish investor in Alphabet. Based on current valuation levels and limited capital, we are liquidating our Google holdings and using the proceeds to buy Microsoft shares.

SpaceX and T-Mobile intend to expand coverage by connecting phones to satellites

Skylar Williams

Aug 26, 2022 10:50

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T-Mobile US (NASDAQ:TMUS) Inc will use Elon Musk's SpaceX's Starlink satellites to provide network access to mobile users in certain areas of the United States, the companies revealed Thursday, revealing plans to connect mobile phones directly to satellites in orbit.


The new plans, which would exist alongside T-current mobile's cellular services, would eliminate the need for cell towers and offer service for sending texts and images where cell coverage does not currently exist, which is crucial for emergency situations in remote areas, Musk said at a flashy event at his company's rocket facility in south Texas on Thursday.


T-mid-band Starlink's satellites will leverage Mobile's airwaves to establish a new network. By the end of the year, the bulk of the company's customers' phones will be compatible with the new service, which will debut beta messaging services.


Since 2019, SpaceX has launched over 3,000 low-Earth-orbiting Starlink satellites, beating rivals OneWeb and Amazon.com Inc's Project Kuiper.


Musk added that SpaceX's next-generation Starlink satellites, the first of which is expected to launch on SpaceX's next-generation Starship rocket once it is completed, will be equipped with larger antennae that will provide direct access to T-mobile mobile phones.


"We're constructing specialized antennas... They are quite advanced and have really huge antennas "He declared. "Importantly, you will not be required to buy a new phone. The phone you possess today is functioning."


In the meantime, U.S. telecom carriers are rushing to construct the mid-band portion of their 5G networks in order to catch up to T-Mobile, which acquired a significant 2.5 GHz of mid-band spectrum through its acquisition of Sprint.


Mid-band or C-Band has shown to be excellent for 5G due to its optimal mix of capacity and coverage.


Following the pilot phase of messaging services, the company indicated its intention to seek phone and data coverage.


Satellite communications business AST SpaceMobile Inc is also building a global cellular broadband network in space that will operate with mobile devices without the need for additional equipment.

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