World
Italy and Starlink: What's at stake if a deal goes ahead?
Italian Prime Minister Giorgia Meloni has said her government is in talks with several private companies including Elon Musk’s SpaceX over the country’s telecoms security system. What consequences would a deal have if it went ahead?
Reports have swirled for weeks that Italy is currently in talks with several private companies, including Elon Musk’s Space X, over a deal involving country’s telecoms security system.
Such a deal would mean that SpaceX would provide encryption services for the Italian government and communications infrastructure for the military and emergency service — potentially over a competing European Union project set to launch in 2029.
Leader Giorgia Meloni has admitted her government is in talks with several private companies, including SpaceX, but generally pushed back on rumours over the project.
She has denied both that a deal has been reached and that she has had any private discussions with Musk, with whom she has a friendship. In January, her office issued a statement saying the matter had not been discussed in the recent meeting between Giorgia Meloni and Donald Trump in Mar-a-Lago.
When asked by reporters, Meloni said any potential deal would be firmly based on “national interests.”
Her position was echoed by Giangiacomo Calovini, an MP for the Bothers of Italy party, who told Euronews, “let’s clarify things, the government has not signed anything, even though exchanges and relations between Rome and Washington are strong.”
The politician said that Meloni was “acting in Italy’s and Europe’s best interests. We’ll evaluate which solution will be the best, while waiting for Europe to possibly offer its guarantees, both on a technical and security level, which are not in place yet.”
Calvoni’s comments point to the IRIS², the EU’s 10 billion multi-orbital constellation of 290 satellites, which won’t be fully operational before 2030.
The project is one of the main pillars of the EU’s defence strategy and will also be available to private customers. Italy is widely expected to be participant in the project, to which EU member states can sign additional contracts at a national level.
However, with speculation over a competing deal with Musk, the tech billionaire’s Italian representative Andrea Stroppa has responded to what a deal between SpaceX and Italy would look like. Stroppa has said that Italy would have full control of its data.
He also added that Elon Musk himself does not decide whether the Starlink satellite system is turned on or off. Stroppa further pointed out the cost-effectiveness of Starlink’s services compared with other competitors including the EU.
Frediano Finucci, a journalist and author who recently wrote a book titled “The Great Game of Satellite” told Euronews, “preserving communications security is a strategic asset and it’s a question of trust.”
”Italy uses satellite communications for the military provided by both Italy and France, a country with which Italy has argued in the past, although Italy trusts France. Now having to rely on external provider like the US, it’s not about mistrust, as the US is also an ally. However as Meloni said, the problem is not that it’s American technology, the issue is that Elon Musk is behind it.”
Finucci also pointed to the fact that even if data in the deal with SpaceX is encrypted and secure, Starlink could still detect unusual communication patterns.
“Starlink would still have the ability to detect whether an unusual amount of communication is being sent from either an embassy or a military ship, similar to what occurred between the late 19th and early 20th centuries, when embassy staff used telegraphs to send diplomatic dispatches between capitals,” Finucci said.
”Spies would stand in front of telegraphs, and if there was too much activity, they would suspect something was not right. It’s impossible to prevent Starlink from keeping track of traffic”.
From a political perspective, a potential deal with SpaceX could have several consequences. Giovanni Orsina from Luiss University told Euronews, “If a deal were signed it would further signal close personal relations betwen Meloni, Musk, and Trump.”
“It would be interesting to see if any tensions arise between Italy and Europe. Right now, Italy is caught between the US and Europe.”
Professor Orsina believes it’s too early to predict when a potential deal with Starlink might be finalised as the operation is still under review.
However it’s still possible that the Italian government may have wanted to delay taking a decision until after Trump’s inauguration next week.
World
Russian man who assaulted woman during Barron Trump FaceTime call sentenced to 4 years
NEWYou can now listen to Fox News articles!
A Russian man convicted of assaulting a woman in London in an attack witnessed by Barron Trump, President Donald Trump’s youngest son, on a video call was sentenced to four years in prison by a London court on Friday.
Matvei Rumiantsev, 23, an MMA fighter, was convicted by a jury on Jan. 28 of assault with bodily harm but was acquitted of rape and choking charges. He was also convicted of perverting the course of justice stemming from a letter he sent the woman from jail asking her to retract her allegations.
After the assault, Rumiantsev admitted he was jealous of his girlfriend’s friendship with the 19-year-old son of President Donald Trump.
BARRON TRUMP REPORTEDLY SAVED WOMAN’S LIFE AFTER WITNESSING VIOLENT ASSAULT ON FACETIME CALL
Barron Trump attends inauguration ceremonies in the U.S. Capitol Rotunda on Jan. 20, 2025, in Washington, D.C. (Kevin Lamarque/Pool/Getty Images)
“Your lack of insight and empathy was apparent at trial,” Justice Joel Bennathan said. “You continue to try to blame the complainant for everything that has happened.”
Trump told investigators he had placed a late-night FaceTime call to the woman, whom he had met on social media, and had been startled when the call had been briefly answered by a shirtless man on Jan. 18, 2025.
“That view lasted maybe one second and I was racing with adrenaline,” Barron Trump said. “The camera was then flipped to the victim getting hit while crying, stating something in Russian.”
BARRON TRUMP SPOTTED ON NYU CAMPUS FOR FIRST TIME SINCE INAUGURATION
Barron Trump looks on ahead of the Presidential Inauguration of Donald Trump at the Rotunda of the U.S. Capitol in Washington, D.C. on Jan. 20, 2025. (KEVIN LAMARQUE/POOL/AFP via Getty Images)
Barron Trump called the police in London.
“It’s really an emergency … I’m calling from the U.S., uh, I just got a call from a girl, you know, she’s getting beat up,” he told an operator.
Police responded to the address and arrested Rumiantsev, a London-based receptionist.
At his trial at Snaresbrook Crown Court, Rumiantsev was acquitted of rape and choking related to the attack, as well as a separate rape and assault allegation from November 2024.
His attorney, Sasha Wass, said that Trump wasn’t aware the woman had a boyfriend and questioned how much he could have seen in just a few seconds of video.
Barron Trump watches as his father, President Donald Trump attends an indoor Presidential Inauguration parade event at Capital One Arena, in Washington, Jan. 20, 2025. (AP Photo/Evan Vucci, File)
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
Trump never testified in the case. However, the judge praised him for his quick-thinking actions.
“Mr, Trump properly and responsibly, despite being in the United States, made sure the emergency services here were called, and he told them what he had seen,” he said.
The Associated Press contributed to this report.
World
EU Parliament unblocks key political hurdle in digital euro talks
Published on
EU lawmakers have overcome a key political hurdle in the negotiations of digital euro, making the project closer to approval, according to a draft text seen by Euronews.
ADVERTISEMENT
ADVERTISEMENT
The Parliamentary rapporteurs involved in the legislation have found an agreement on the design of the digital euro, which will be able to function both online and offline.
The digital euro would be an electronic form of cash issued by the European Central Bank, designed to sit alongside banknotes and the payments services offered by commercial banks.
It has taken on new political weight as economic tensions between the EU and the US sharpen the debate over Europe’s reliance on American payment giants, such as Visa and Mastercard.
Under the European Commission’s proposal, digital euro users would have a wallet for both online and offline payments, with transactions designed so they are not trackable.
The situation in Parliament changed on Wednesday evening, when the centre-right politician Fernando Navarrete, who is the leading rapporteur on the file, announced the withdrawal of his position to reduce the scope of the digital euro to offline use only.
His position blocked the advancement of negotiations for months, jeopardising the whole legislative process, according to three sources familiar with the negotiations.
The political deadlock has pushed EU leaders to accelerate progress on the digital euro. At the European Council meeting on 19 March, they set a goal to have the digital euro legislation approved by the end of 2026.
With the Council, representing EU countries, having already adopted its position, the European Parliament is now the only institution left to advance the law.
“Thanks to our amendments and firm stance, we have finally broken the political deadlock on the digital euro. The distinction between online and offline has been removed, and it is now established as a single payment system,” Pasquale Tridico, the rapporteur for The Left, told Euronews.
However, lawmakers still need to agree on two key aspects: the “hold limits” and the “compensation.”
The hold limits determine the maximum amount a user can store in a digital euro wallet, while compensation sets out a model for reimbursing commercial banks that provide digital euro services.
Although negotiations are not yet complete, the text is expected to be voted on in the Parliament’s economy committee before the summer, according to a source familiar with the matter.
World
Why Netflix Hiked Prices, Explained in One Chart
Why did Netflix just impose a price increase across U.S. plans? As the “KPop Demon Hunters” Oscar-winning hit song “Golden” says: “We’re goin’ up, up, up.”
It’s not rocket science. The formula is pretty simple: Invest in more content (Netflix is eyeing $20 billion in content cash spending in 2026, up 10%) to attract and retain streaming subscribers, and keep your profit margins ticking upward by increasing the retail price.
Under the new pricing, effective March 26 for new users and rolling out to current customers depending on their billing cycle, Netflix’s Standard plan (which has no ads and provides streaming on two devices simultaneously) is rising by $2, from $17.99 to $19.99/month. The ad-supported plan is going up a buck, from $7.99 to $8.99/month, and the top-tier Premium plan (no ads, streaming on up to four devices at once, Ultra HD and HDR) is increasing from $24.99 to $26.99/month..
But the question is: Why now?
First off, it would be difficult to imagine Netflix would have pulled this pricing lever — hiking fees for its approximately 86 million U.S. customers — if the deal to acquire Warner Bros. were still in play. That deal would have required approval by the Justice Department and other regulatory bodies, amid allegations by David Ellison’s Paramount Skydance (the winning bidder for Warner Bros. Discovery) that the combo of Netflix + HBO Max would create a monopolistic entity in the streaming biz.
Netflix strongly disputed that, asserting it would have had a roughly 21% share of the U.S. subscription-streaming market with the addition of HBO Max. However, the optics of a Netflix price hike as the WB deal was pending would be terrible, especially after co-CEO Ted Sarandos testified at a Senate hearing that “We will give consumers more content for less” through the Warner Bros. deal. (Sarandos meant Netflix would have bundled its service with HBO Max at a price discount.)
Without the need to worry about such appearances in the midst of a massive M&A deal, the reason Netflix feels confident in ratcheting up prices in its biggest market is illustrated by this chart from Wall Street analyst firm MoffettNathanson. It estimates revenue streamers generated in 2025 as a function of total number of hours viewed.
In a nutshell, it shows that Netflix delivers the best bang for the buck of this cohort — it pulls in 48 cents per hour viewed, lower than anyone else. That indicates Netflix not only has upside in ad revenue relative to the others but also that has room to raise its pricing from a competitive standpoint.
Even with the new price increases, Netflix will still have a sector-low revenue/hour viewed metric (call it in the 50-cents-per-hour range). As the MoffettNathanson analysts put it: “Netflix delivers significant value to its subscribers that has room to be better monetized over time.”
Note that all of Netflix’s competitors have also recently hiked prices. Disney+ and Hulu, HBO Max and NBCUniversal’s Peacock upped pricing last year, and Paramount+ raised prices in January. Next month, Amazon’s ad-free Prime Video tier (now called “Ultra”) is going up to $5/month.
And Netflix’s new pricing, while higher, keeps it roughly in line with the rest of the field. Indeed, its ad-supported tier remains cheaper than those from Disney+, Hulu, HBO Max and Peacock (and is now the same as Paramount+ with ads):
Netflix’s launch of the cheaper, ad-supported option, first introduced in November 2022, gave it an important tool to mitigate churn as it raises the price on its Standard (no ads) plans. Instead of presenting customers a take-it-or-leave-it price hike, Netflix can now steer those on the Standard package toward the lower-cost package with ads. In theory, the company is agnostic about which plan someone chooses: The ad revenue should make up the difference in subscription fees.
Netflix execs once swore they wouldn’t implement an advertising model, asserting that it’s a subpar user experience. But it’s clear people are willing to sit through ad breaks if it means paying less — and in the U.S., Netflix’s Standard With Ads plan is half the cost of the no-ads tier.
The streaming giant’s U.S. price increases reinforce its long-range strategy, according to MoffettNathanson’s Robert Fishman: It maintains a “wide gap between its highest and lowest tiers to simultaneously maximize monetization of its least price-sensitive subscribers while nudging more price-sensitive customers toward its still-nascent ad tier, driving engagement and, in turn, advertising revenue,” the analyst wrote in a research note Friday. “The result is a ‘best of both worlds’ approach that captures value across the full spectrum of its subscriber base and should drive even higher margins for the leading profitable streaming service.”
Will some Netflix customers cancel over the latest fee increases? Yes, of course. But the math indicates that overall, it will yield higher returns — letting the company dig an even wider moat against competitors.
Pictured top: Sadie Sink as Max Mayfield in Netflix’s “Stranger Things” Season 4
SEE ALSO: U.S. Household Spending on Streaming Video Services Remains Flat at $69 per Month, as 68% Now Pay for Ad-Supported Tiers
-
Detroit, MI1 week agoDrummer Brian Pastoria, longtime Detroit music advocate, dies at 68
-
Movie Reviews1 week ago‘Youth’ Twitter review: Ken Karunaas impresses audiences; Suraj Venjaramoodu adds charm; music wins praise | – The Times of India
-
Sports7 days agoIOC addresses execution of 19-year-old Iranian wrestler Saleh Mohammadi
-
New Mexico5 days agoClovis shooting leaves one dead, four injured
-
Business1 week agoDisney’s new CEO says his focus is on storytelling and creativity
-
Technology6 days agoYouTube job scam text: How to spot it fast
-
Tennessee4 days agoTennessee Police Investigating Alleged Assault Involving ‘Reacher’ Star Alan Ritchson
-
Texas1 week agoHow to buy Houston vs. Texas A&M 2026 March Madness tickets