|3 THINGS THAT WILL CHANGE THE WORLD TODAY|
Good morning, here’s your Wednesday morning briefing. Look out for these three things happening around the world today.
EU outlines 5G rollout
Key details about the rollout of 5G networks across the European Union will be announced today in a high-profile press conference at the European Commission.
The press conference will be hosted by European Commission Vice President Margrethe Vestager, Commissioner for the Internal Market Thierry Breton and Croatian Infrastructure Minister Josip Bilaver.
The issue of security, and therefore likely the role of Chinese technology giant Huawei, will also be discussed.
The US has been pressuring a number of EU nations, notably those in the Five Eyes intelligence sharing group, not to use Huawei technology.
The press conference comes a day after the UK opted to allow Huawei technology in non-core parts of its 5G infrastructure.
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Facebook announces quarterly results
Facebook will today announce its Q4 earnings results, with investors hoping for a repeat of the positive results of the previous two quarters.
Q2 and Q3 both saw the company report better-than-expected top-line results.
However, the company had hinted at a potential revenue growth slowdown in Q4, so investors will be watching closely to see if this has come to pass.
The results will be detailed in an earnings call beginning at 2pm PT, which will be available to stream via webcast.
SpaceX launches Starlink satellites
Today SpaceX will embark on the latest launch of its Starlink satellites, which are designed to provide a low-cost satellite internet service.
SpaceX has been launching the satellite in batches of 60 since May 2019. Today will see the fourth batch enter orbit, after the launch was delayed from Wednesday last week.
SpaceX has been given permission to fly as many as 12,000 satellites – six times the entire total number of satellites currently in orbit – but initially plans to launch 1,584.
It will need at least 400 satellites in orbit to provide “minor” broadband coverage, according to CEO Elon Musk, and 800 to provide “moderate” coverage.