Los Angeles Times

SpaceX broadband service will be ‘bumpy’ at first, Gwynne Shotwell says

When SpaceX’s broadband service starts mid-2020, the initial experience will be “bumpy,” company President Gwynne Shotwell said. However, she said she expects SpaceX to mature as an internet service provider by 2021. SpaceX has already launched two rounds of 60 satellites each. The company expects it will need 24 launches, with about 1,440 satellites, to have enough to provide full global coverage. SpaceX has not yet determined customer pricing.

Viacom and CBS reunite in $12 billion deal, but challenges abound

Long known as the squabbling siblings of media, CBS Corp and Viacom Inc are poised to finally reunite after 13 years apart. The much-anticipated corporate union, which will be called ViacomCBS Inc. and be valued at about $25 billion, is set to conclude Dec 4 after the markets close. The Viacom name gets top billing even though CBS is more valuable.