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SpaceX successfully launched 20 spare satellites for OneWeb on October 20, aiming to enhance the resiliency of the low Earth orbit (LEO) broadband network operated by French company Eutelsat. The satellites were launched aboard a Falcon 9 rocket from Vandenberg Space Force Base in California at 1:13 a.m. Eastern Time. Eutelsat confirmed that it …

Decline in Donations Harvard University has reported a significant decline in donations for the most recent fiscal year, as high-profile alumni withdraw their financial support in response to the institution's handling of the Israel-Hamas conflict. For fiscal year 2024, which concluded on June 30, the university received just under $1.2 billion …

China’s Economic Growth has shown further signs of deceleration, with the latest data indicating that growth in the third quarter was the slowest since early last year. According to figures released by the National Bureau of Statistics, the country’s gross domestic product (GDP) rose by 4.6% year-on-year in the three months leading up to September.…

China's export sector witnessed a notable surge for the second consecutive month in May, marking a significant uptick in outbound shipments. This positive development comes as a ray of hope for the Chinese Domestic Weakness economy, grappling with challenges amidst efforts to secure a robust recovery. Factory owners have managed to navigate through…

In a recent earnings report, Netflix announced its third-quarter results, surpassing both revenue and earnings expectations, primarily driven by a significant increase in its advertising tier memberships. Surge in Ad-Tier Membership The company revealed that ad-tier memberships saw a remarkable 35% increase quarter over quarter. This subscrib…

Pledges Increased Lending China has announced plans to expand its whitelist of real estate projects and expedite bank lending for unfinished developments, aiming to boost support to 4 trillion yuan (approximately $561.8 billion) by the end of this year. This declaration came from Ni Hong, the country’s Minister of Housing and Urban-Rural Develop…

Germany's largest airline, Lufthansa, has been slapped with a historic fine of $4 million by the U.S. Department of Transportation (DOT) due to discriminatory practices against Jewish passengers. This decision, announced on Tuesday, follows an incident from May 2022, where 128 Jewish travelers were denied boarding while attempting to connect from a…

Introduction to Nuclear Energy in Tech In a groundbreaking move, Google has signed an agreement with Kairos Power to utilize small nuclear reactors for powering its artificial intelligence (AI) data centers. This innovative approach comes as technology companies seek reliable and sustainable energy sources to meet the increasing demands of their…

Source - robotics247.com The Event's Focus on the Robotaxi At Tesla's recent We, Robot event held at Warner Bros. studio lot in Hollywood, the spotlight initially shone on the unveiling of the much-anticipated robotaxi. However, Elon Musk’s humanoid robot, Optimus, truly captivated the audience. Attendees were left in awe as multiple Optimus …

[Source - worldautoforum.com] Stellantis is Struggling in the U.S. Market Stellantis is struggling as the multinational automaker formed from the merger of Fiat Chrysler and France’s PSA Group faces significant challenges in the U.S. market. As price increases lead to a sharp decline in market share, concerns are growing that the company may …