News

SpaceX Announces That Starlink Now Has Over 1 Million Users

It seems that Elon Musk’s internet service is proving extremely popular.

Published

2 years ago

December 21, 2022

Nour Nasir

Starlink

SpaceX has just revealed via a Tweet that its satellite internet service, Starlink, now has over 1 million active users. Despite the recent controversy surrounding CEO Elon Musk’s recent Twitter antics, it seems that the public still sees enormous value in the entrepreneur’s tech offerings.

Starlink now has more than 1,000,000 active subscribers – thank you to all customers and members of the Starlink team who contributed to this milestone ❤️💫🌎 https://t.co/5suNxFvtEH pic.twitter.com/E1ojYarcEA

— SpaceX (@SpaceX) December 19, 2022

Although the subscriber figures sound impressive for a relatively young company, Starlink still has a few teething problems. According to a September report by speed test gurus Ookla, the satellite internet company’s download speeds have continued to drop since mid-2021, with figures ranging from 9% to 54% being measured at various intervals.

Ookla believes that the dropouts and general sluggishness are probably due to Starlink’s infrastructure straining under the weight of its growing user base, which along with a fair use policy introduced in November 2022, means that the company is almost certainly throttling internet speeds. Starlink’s service went from 400,000 active users in May to the 1 million+ figure we’re hearing about today, so existing users may need to spend more to get speeds back to what they’ve been used to so far.

Also Read: UAE Prepares To Trial First Driverless Truck At Dubai South

Back in August, SpaceX announced that it was entering into a partnership with T-Mobile that would allow the mobile phone giant’s customers to connect directly to Starlink satellites, potentially adding even more users to the platform — though testing will continue well into 2023.

Future plans for SpaceX include the addition of their second-generation satellites, which may ease some of the strain when they launch at the end of the year. However, astronomers will no doubt be less than thrilled at this news, as Musk’s company currently has over 3,000 craft in orbit, a figure which will eventually reach 42,000 once future plans are approved.

News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

13 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.