Guillaume Faury, CEO of Airbus, raised concerns about how antitrust regulations hinder the European aerospace sector’s ability to compete with US-based SpaceX. Speaking at an aviation industry event in Frankfurt, Faury acknowledged SpaceX’s success, particularly its reusable Falcon 9 rocket, but highlighted how Europe’s regulatory framework restricts similar consolidation. Unlike SpaceX, which manufactures 80% of its components in-house, European companies like Airbus face complex supply chains and fragmented production models due to antitrust rules that require manufacturing distribution across multiple countries.
Faury pointed out that this fragmented system, while pleasing many stakeholders, limits efficiency and competitive flexibility. This is evident when comparing SpaceX’s cost-cutting ability with the struggles of Europe’s Ariane 6, which has yet to launch commercially despite plans for multiple flights per year. Meanwhile, SpaceX’s low-cost launches have revolutionised satellite deployment, launching nearly 7,000 satellites and creating fierce competition in the space industry.
Faury warned that unless European regulations adapt, the region risks falling behind in satellite and launch sectors, with Airbus already feeling the pressure, including a planned reduction of 2,500 jobs in its satellite division. SpaceX’s influence extends beyond commercial aerospace, as the company is also a major player in military and defence with initiatives like Starlink and lunar landing technology, supported by NASA and the US government.
However, concerns about SpaceX’s dominance in the US have also emerged, with NASA and the Pentagon seeking to reduce dependence on the company by promoting more competition in the aerospace sector, although antitrust complaints have not yet significantly affected SpaceX’s position.
The National Cyber Security Centre (NCSC) and its international partners have issued an urgent advisory highlighting the growing trend of threat actors exploiting zero-day vulnerabilities, emphasising the importance of proactive security measures.
This joint advisory has been published by NCSC (UK), the US Cybersecurity and Infrastructure Security Agency (CISA), the US Federal Bureau of Investigation (FBI), US National Security Agency (NSA), Australian Cyber Security Centre (ACSC), Canadian Centre for Cyber Security (CCCS), New Zealand National Cyber Security Centre (NCSC-NZ), and CERT NZ.
The UK NCSC, in collaboration with cybersecurity agencies from the United States, Australia, Canada, New Zealand, and others, identified the top 15 most commonly exploited vulnerabilities of 2023. A majority of these vulnerabilities were initially targeted as zero-days—newly discovered flaws without immediate patches, allowing cybercriminals to strike high-priority targets before fixes were available.
The advisory highlights a notable shift compared to 2022, when fewer than half of the top vulnerabilities were exploited as zero-days. The rise in zero-day attacks has continued into 2024, underlining the evolving tactics of cyber adversaries.
The advisory urges organisations to stay vigilant in their vulnerability management practices, prioritising the timely application of security updates and ensuring that all assets are identified and protected. It also calls on technology vendors and developers to adopt secure-by-design principles to minimise product vulnerabilities from the outset.
Turkey‘s Personal Data Protection Board (KVKK) has fined Amazon’s gaming platform Twitch 2 million lira ($58,000) following a significant data breach, the Anadolu Agency reported. The breach, involving a leak of 125 GB of data, affected 35,274 individuals in Türkiye.
KVKK’s investigation revealed that Twitch failed to implement adequate security measures before the breach and conducted insufficient risk and threat assessments. The platform only addressed vulnerabilities after the incident occurred. As a result, KVKK imposed a 1.75 million lira fine for inadequate security protocols and an additional 250,000 lira for failing to report the breach promptly.
This penalty underscores the increasing scrutiny and regulatory actions against companies handling personal data in Türkiye, highlighting the importance of robust cybersecurity measures to protect user information.
T-Mobile‘s network was among those breached in a prolonged cyber-espionage campaign attributed to Chinese intelligence-linked hackers, according to a Wall Street Journal report. The attackers allegedly targeted multiple US and international telecom companies to monitor cellphone communications of high-value intelligence targets. T-Mobile confirmed it was aware of the industry-wide attack but stated there was no significant impact on its systems or evidence of customer data being compromised.
The Federal Bureau of Investigation (FBI) and the US Cybersecurity and Infrastructure Security Agency (CISA) recently disclosed that China-linked hackers intercepted surveillance data intended for American law enforcement by infiltrating telecom networks. Earlier reports revealed breaches into US broadband providers, including Verizon, AT&T, and Lumen Technologies, where hackers accessed systems used for court-authorised wiretapping.
China has consistently denied allegations of engaging in cyber espionage, rejecting claims by the US and its allies that it orchestrates such operations. The latest revelations highlight persistent vulnerabilities in critical communication networks targeted by state-backed hackers.
A US judge has ruled that Meta Platforms, the parent company of Facebook, must face trial in an antitrust lawsuit filed by the Federal Trade Commission (FTC). The lawsuit, initiated during the Trump administration, alleges that Meta’s acquisitions of Instagram in 2012 and WhatsApp in 2014 were intended to stifle emerging competition and maintain a social media monopoly. Meta has countered the FTC’s claims, arguing that the regulators ignore substantial competition from platforms like TikTok, YouTube, and LinkedIn.
This case is part of a broader crackdown on Big Tech by United States regulators. The FTC and the Department of Justice are pursuing major antitrust lawsuits against several technology giants, including Amazon and Apple. Alphabet’s Google also faces two significant legal challenges, with one case already finding that the company unlawfully restricted competition among search engines. These lawsuits reflect intensified regulatory efforts to address concerns over the market power of leading technology firms.
Meta’s legal battle could set a significant precedent for how tech conglomerates operate and acquire competitors. Critics argue that Meta’s dominance has harmed innovation and user choice, while the company insists it faces robust competition across the digital landscape. As Meta prepares for trial, the outcome could have far-reaching implications for the tech industry and future regulatory actions against monopolistic practices.
South Africa is considering reducing taxes on smartphones to make them more affordable as the country prepares to phase out 2G and 3G networks. Communications Minister Solly Malatsi revealed he has had initial discussions with the Treasury about cutting the ad valorem tax, which currently increases smartphone prices. The goal is to support accessibility to newer, faster networks like 4G and 5G.
The government’s policy, outlined in the Next Generation Radio Frequency Spectrum Policy paper, aims to fully shut down older networks by 31 December 2027. The phasing out of these networks is intended to free up valuable radio waves for advanced technologies. However, critics argue that the move could worsen the digital divide, particularly impacting low-income and rural populations who may struggle to afford smartphones compatible with faster networks.
Malatsi emphasised that making smart devices more affordable is crucial, noting that eliminating the luxury excise tax could significantly reduce costs. The country’s largest telecom operators, MTN and Vodacom, have called for collaboration between industry stakeholders and the government to manage the transition. The Association of Comms and Technology has also urged the government to ease the transition by lowering taxes and reconsidering a strict shutdown deadline.
Ilya Lichtenstein, a New York tech entrepreneur, was sentenced to five years in prison for laundering stolen cryptocurrency from Bitfinex, one of the world’s largest exchanges. Lichtenstein admitted to hacking Bitfinex in 2016, stealing around 120,000 bitcoin using advanced tools. At the time of the theft, the bitcoin was valued at $71 million but had soared to $4.5 billion by his arrest in 2022.
Lichtenstein and his wife, Heather Morgan, were arrested in February 2022. Morgan, a self-styled rapper known as “Razzlekhan,” also pleaded guilty to conspiracy charges and is set to be sentenced on November 18. US authorities recovered $3.6 billion of the stolen funds in what Deputy Attorney General Lisa Monaco called the largest financial seizure in the Justice Department’s history.
Alongside his prison term, Lichtenstein will serve three years of supervised release, marking a significant milestone in the fight against cryptocurrency-related crimes.
US officials acknowledged concerns but emphasised that ‘this Convention, by its explicit terms, does not permit Parties to misuse the Convention or any part of it to suppress human rights’ and that ‘the US further call on all states to take necessary steps within their domestic legal systems to ensure the Convention will not be applied in a manner inconsistent with human rights obligations, including those relating to speech, political dissent, and sexual identity’.
Jonathan Shrier, a US representative to the UN, emphasised that the US would hold governments accountable for any misuse of the treaty and encouraged signatories to pass laws safeguarding human rights. He also highlighted mechanisms to monitor and address future abuses under the treaty, urging countries to reject data-sharing requests from those violating its human rights protections.
The UK also issued a statement endorsing the treaty but acknowledged that some member states have already resisted its human rights obligations. In the statement, the UK highlighted that it ‘will not cooperate with any country which does not comply with the safeguards required by this Convention’.
DiploFoundation recently organised an expert discussion to discuss directly with some delegations the contents of the UN convention, including the human rights provisions.
The Irish media regulator, Coimisiún na Meán, has mandated that online platforms TikTok, X, and Meta must take decisive steps to prevent the spread of terrorist content on their services, giving them three months to report on their progress.
This action follows notifications from EU authorities under the Terrorist Content Online Regulation. If the platforms fail to comply, the regulator can impose fines of up to four percent of their global revenue.
This decision aligns with Ireland’s broader enforcement of digital laws, including the Digital Services Act (DSA) and a new online safety code. The DSA has already prompted investigations, such as the European Commission’s probe into X last December, and Ireland’s new safety code will impose binding content moderation rules for video-sharing platforms with European headquarters in Ireland. These initiatives aim to curb the spread of harmful and illegal content on major social media platforms.
The London Internet Exchange (LINX) will expand its presence in Africa, announcing plans to open new internet exchange points (IXPs) in Ghana and Kenya by early 2025. This move aims to strengthen connectivity in both West and East Africa, where demand for internet services continues to grow rapidly.
In Ghana, LINX Accra will launch in phases with data centres from Onix and PAIX, enabling a robust and interconnected system. This setup will allow networks to connect at LINX Accra through a single cross-connect, enhancing redundancy and interconnectivity. The phased rollout is expected to significantly support Ghana’s local internet service providers and infrastructure.
In Kenya, LINX Mombasa will be the first IXP at the iColo MBA2 facility in partnership with local data centre provider iColo, a subsidiary of Digital Realty. Built to mirror LINX’s existing IXP in Nairobi, the Mombasa site will provide high-speed services through 100G ports and strengthen interconnection across the East African region.
Both Ghana and Kenya, strategically positioned on Africa’s coastlines, benefit from numerous submarine cable landing points. LINX believes these new IXPs will establish Ghana and Kenya as key internet traffic hubs in Africa, boosting local ISP growth and supporting international connectivity.
