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- Calls Grow In Europe For Governments To Develop Alternatives To , Or Outright Abandon , Musk - Controlled Tech
Ukraine is pushing for a European alternative to Starlink after restrictions on Starshield, the military version of Starlink, reportedly cut connectivity for drones flying faster than 100 mph and forced cancellation of many defensive missions. Elon Musk suggested the U.S. government was behind the restrictions; President Donald Trump denied this, but Reuters corroborated the charge. Polish Foreign Minister Radosław Sikorski accused Musk of “playing politics,” while Ukrainian official Ihor Zhovkva said European countries must have their own system. The EU's IRIS² network, with 348 satellites, is not expected to be operational until 2029 or 2030. Separately, the EU announced a $137 million fine against X under the Digital Services Act, and Scotland's SNP backed a UK-wide ban on X.
- Elon Musk Blames Trump for Ukrainian Satellite Restrictions
Ukraine was caught off guard by new limits on satellite connectivity inside the country, which hampered its ability to use military drones and defend against Russian attacks. The post also cites Elon Musk blaming Trump, with finger-pointing over Starshield.
- Why Putin says Russia could cease to exist if it loses - Las Vegas Sun News
An opinion piece examines Vladimir Putin's claim that Russia could 'cease to exist' if it loses the war in Ukraine, a line traced to a 2022 remark by then-NATO Ambassador Julianne Smith about a U.S. goal of Russia's 'strategic defeat.' The author argues the claim is partly political, used to justify new sacrifices, and also reflects genuine paranoia among Russia's KGB-trained leaders. Even a Ukrainian victory that pushed Russian forces back to internationally recognized borders would not erase Russia, the author notes. The Kremlin plans a 27% increase in next year's defense budget, partly funded by cuts to education, healthcare and welfare. The piece also notes that the U.S. has moved to the sidelines, having halted aid to Ukraine last year.
- Ukraine runs out of Patriot missiles, Kyiv faces 3 pressures: Zelensky makes repeated appeals, Russia responds
A source close to CNN says Ukraine has run out of interceptors for the US-made Patriot system, so most ballistic missiles in Russia's overnight attack went unintercepted. The strike hit three power plants in Kyiv and targeted energy infrastructure in Kharkiv. President Zelensky has repeatedly warned of Patriot shortages and is seeking more, but the US production license he expected has not been granted. Tensions with Washington have escalated as the Trump administration reached a deal on Russian diesel imports and pressed Ukraine to stop attacking Russian oil facilities. Zelensky said Kyiv would halt strikes on Russian energy sites only if it received more Patriots, while Russian Foreign Minister Lavrov accused him of seeking missiles to keep hitting those sites.
- Satellite Images Show Russia Built New UAV Base in Just Six Weeks
Commercial satellite images show Russia has nearly completed a jet-powered UAV launch base in the Rostov region near Ukraine in only about six weeks. The complex, covering an area of about 126 football pitches, has eight launch pads that experts say could launch more than 100 UAVs within 24 hours, adding to at least 11 fixed launch sites Russia already uses against Ukraine. RUSI's Rob Jordan said the concrete pads and two take-off runways match the design of Russia's Geran UAV launch lanes. Citing Ukrainian military data, Reuters reported that Russia's use of jet UAVs rose about sixfold over three summer months; these drones are faster and harder to intercept. The site is about 3.5 km from Millerovo air base and may lie within its air defence cover, and Russia has not commented.
- Former Ukrainian Commander-in-Chief: Russia's Offensive Capability Has Been Broken
Former Ukrainian commander-in-chief Oleksandr Syrskyi, speaking to the BBC for the first time since his dismissal in the summer, said Ukraine has stabilized the front and broken Russia's offensive capacity by killing large numbers of Russian soldiers. He said Russian casualties were six times Ukraine's, or 11 times when counting only deaths, though neither side publishes official figures. He noted that Russia seized only 61 square kilometres in the first six months of 2026, and the Institute for the Study of War also reported that Russia lost more territory than it gained in September. Syrskyi said former Defence Minister Mykhailo Fedorov prioritised drones over essential frontline equipment such as unmanned ground vehicles, pickup trucks and motorcycles. He added that drones account for 80% of Russian losses.
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- Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
Ireland's central bank fined Coinbase Ireland 3.25 million euros ($3.6 million) for alleged failures to safeguard customer funds and oversee outsourced services, saying the unit relied excessively on its U.S. parent and lacked adequate systems and controls. The regulator cited a 2023 episode in which Coinbase directed 30 customers to deposit funds into an alternate account at another U.S. bank when Silvergate neared collapse, holding them alongside funds of another Coinbase entity's customers, and coding errors left a safeguarding account underfunded by an average of 0.54% in 2023 and the first half of 2024. Coinbase said no customer lost money or was unable to access funds. The penalty follows a 21.4 million-euro fine on Coinbase Europe in 2025 for anti-money laundering failures.
- XRP Is 63% Below Its All-Time High and Ethereum 51%. Which Reclaims their ATH First?
XRP trades at $1.33, 63.5% below its all-time high of $3.65 set in July 2025, while Ethereum is at $2,403, 51.4% below its August 2025 peak of $4,946, and both fell over the past month. Reclaiming those highs would require gains of 174.4% for XRP and 105.9% for Ethereum, and the article concludes Ethereum has the edge, citing JPM Coin's integration onto its network on October 19 and a sizeable ETF asset base. XRP ETFs held $1.57 billion in net assets, but inflows slowed to $708,500 on October 21, while Ethereum's cumulative ETF net inflows fell to $12.83 billion amid outflows. Other news includes Germany's Sparkassen savings banks offering XRP trading and Ethereum's Glamsterdam upgrade entering the Hoodi test network on October 26.
- Tech stocks fall as Nvidia boss warns of AI funding slowdown
US stocks fell sharply on Thursday after Nvidia CEO Jensen Huang warned that a “scarcity of capital” was holding back AI rollout, fuelling worries about the cost of sustaining the AI boom. The Nasdaq 100 dropped 1.5% and the S&P fell nearly 1%. Meta shares slid 5% after it raised the lower bound of its capex guidance from $130 billion to $135 billion and issued new non-voting stock, while Tesla fell 2% after cutting its proposed AI spending from $25 billion to $20 billion. Oil added to the sell-off, with Brent rising 2.5% to $111.60 per barrel, its first move above $110 since May, after Aramco evacuated staff from its Dhahran headquarters over a warning of Houthi attacks.
- Musk: People Are "Buying FSD With a Car Attached." There's Only One Problem.
Tesla said 75% of its new North American deliveries in the third quarter came with an FSD subscription, up from 55% in the second quarter, and active FSD subscriptions rose 67% to 1.74 million. Tesla has not disclosed how many subscribers pay, since the first month is free. When an RBC analyst asked whether the paid rate was closer to 30% to 40%, CFO Vaibhav Taneja did not give a clear answer. The article also notes that Tesla's overall gross margin fell from 25.6% in fiscal 2022 to 18% in fiscal 2025, while the stock trades at 185x forward earnings. It argues the paid attach rate is the key figure to watch, as paid FSD revenue remains small relative to Tesla's total sales.
- Producer of 'Say Hi' Shows to Be Listed on HoSE
HoSE has approved the listing of more than 111.4 million DVV shares of DatVietVAC, the producer of the 'Say Hi' shows, with the decision signed on October 20. The first trading day has not been officially announced, but the plan is for early November, with a reference price of 54,800 dong, equal to the IPO price. The market capitalization is estimated at over 6,100 billion dong (more than 234 million USD), compared with nearly 1,700 billion dong for Yeah1 (YEG) at the close on October 22. The IPO's registered purchase orders reached 106.6% of the shares offered. This year, DatVietVAC targets revenue of 3,382 billion dong and after-tax profit of 420 billion dong, growth of about 6% and 11%.
- TeraFab's $16.8 billion bet to start producing 100K chips a month
Host Ejaaz Ahamadeen comments on Elon Musk's proposed $16.8 billion investment in his TeraFab semiconductor manufacturing project. He argues that chips are a key bottleneck for AI, humanoid robots and cars, and that vertical integration would reduce reliance on suppliers such as Nvidia. The first phase involves $16.8 billion to reach 100,000 wafers a month before 2030, with a peak of 1 million wafers a month within 10 years and more than 3,000 jobs. The host also stresses that the project carries many potential risks.
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