TECH NEWS

Spanish satellite startup Sateliot wants €150 million to beam 5G directly to smartphones from orbit

TL;DR

Sateliot is raising up to €150M to offer satellite-to-smartphone 5G by 2028. It partners with Telefonica. The EU is reserving airwaves for domestic players.

Sateliot, a Barcelona-based satellite startup, is seeking to raise up to €150 million ($172 million), a 50% increase from the €100 million round it announced in April. The company operates a network of low-Earth orbit satellites and plans to use the funding to deploy 16 more over the next year. By early 2028, it expects to launch larger satellites capable of beaming 5G data, voice, and video directly to ordinary smartphones.

“A new opportunity has emerged: integrating 5G within a satellite,” CEO Jaume Sanpera told Bloomberg.Sateliot was founded in 2018 to connect IoT devices like shipping trackers and utility sensors via satellite. The smartphone pivot represents a significant expansion. The company is working with Telefonica on the technology for direct-to-device links and...

Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE

https://media.thenextweb.com/2026/07/tsmc-record-revenue-stock-falls-ai-capex-fears.avif

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

TL;DR TSMC posted record $40B Q2 revenue but stock fell 4% after it raised capex to $60-64B. Nasdaq 100 dropped 1.4%. Good news is no longer enough for AI stocks. TSMC posted record second-quarter revenue of over $40 billion, up 36% year on year, with net income rising

https://media.thenextweb.com/2026/07/apple-iphone-17-price-increase-japan-yen.avif

Apple raised iPhone 17 prices by 10% in Japan as the yen hovers near a four-decade low

TL;DR Apple raised iPhone 17 prices ~10% in Japan due to the weak yen. The iPhone 17 Pro rose 8.3%. This follows a separate global price hike on Macs and iPads. Apple raised the price of the iPhone 17 in Japan by roughly 10%, with the entry-level 256GB

https://media.thenextweb.com/2026/07/xpeng-flying-car-land-aircraft-carrier-germany-7000-orders.avif

Xpeng debuted its flying car in Germany. It has 7,000 orders and a factory that can build 10,000 a year.

TL;DR Xpeng debuted the Land Aircraft Carrier in Munich: a six-wheeled EV with a detachable flying module. 7,000 orders secured. Factory ready for 10,000 units/year. Xpeng debuted the Land Aircraft Carrier at a launch event in Munich on Wednesday, the first time the Chinese automaker has

https://media.thenextweb.com/2026/07/google-deepmind-pele-lost-goal-ai-reconstruction.avif

Google used Veo and Gemini to reconstruct the greatest goal Pelé ever scored, which was never filmed

TL;DR Google DeepMind reconstructed Pelé’s 1959 “lost goal” using Veo, Gemini Omni, and Nano Banana Pro. 2,000 records and eyewitness interviews informed the project. It is on display at the Pelé Museum. On August 2, 1959, Pelé scored what he called the greatest goal of his career:

TL;DR

Read more

TSMC posted record $40 billion revenue. Its stock fell 4%. Investors are no longer buying the AI spending story on faith.

Apple raised iPhone 17 prices by 10% in Japan as the yen hovers near a four-decade low

Xpeng debuted its flying car in Germany. It has 7,000 orders and a factory that can build 10,000 a year.

Google used Veo and Gemini to reconstruct the greatest goal Pelé ever scored, which was never filmed