Axios

In most businesses, competition means several rivals are fighting to win a prize — typically, the customer's dollar. Most tech companies still view themselves as engaged in fierce competition. They're just going after a wider and more complex set of prizes.

SpaceX and T-Mobile are partnering to bring wireless phone service to remote areas with spotty coverage. T-Mobile CEO Mike Sievert and SpaceX founder Elon Musk announced the collaboration August 25, claiming the service will roll out in 2023 and work with existing phones. They're planning to provide text coverage "practically everywhere" in the continental US, Hawaii, parts of Alaska, Puerto Rico and territorial waters, according to T-Mobile. The companies will create a new network broadcast from Starlink’s satellites using T-Mobile bandwidth.

The Federal Trade Commission (FTC)'s major move towards crafting data privacy rules is the latest signal of a potential end to Big Tech's expansive use of online data. As people grow warier of the online trails of digital data they leave behind, the lack of data privacy protections in the US has increasingly become a glaring source of concern for many. The FTC voted 3-2 along party lines to seek comment on the harms of "commercial surveillance" and whether privacy rules are needed.