Elon Musk has denied that his Starlink satellite broadband project takes up too much room in space. According to the Financial Times, “tens of billions” of satellites can be hosted in orbits close to Earth. After the president of the European Space Agency (ESA) said that Musk was “setting the rules” for the nascent commercial…
The first phase of its acquisition of Intel Corp’s NAND flash memory chip business has been completed by SK Hynix Inc, the South Korean company said. The company has already obtained regulatory approval for the deal from regulators in eight countries including from China. According to the deal, against the first phase of the acquisition,…
Stand News, one of Hong Kong’s last pro-democracy news organizations, is closing down following a police raid of the organization and the arrest of its senior employees. Hong Kong police has detained seven people, including current and former employees, for “conspiracy to publish seditious publications”, the police said. “Because of the situation, Stand News is ceasing operations immediately,” the organisation…
Tesco, the largest British supermarket chain, is set to launch the first commercially available all-electric HGVs in the UK to operate in its distribution center in Wales. Beginning in January, two 37-tonne lorries will transfer goods from a rail freight station in Cardiff to the company’s Magor hub, roughly 30 miles away. The trucks can drive…
China has protested that its space station was compelled to avert collisions with satellites launched by Elon Musk’s Starlink Internet Services project, prompting a backlash on social media. Beijing said that the country’s space station had two “close encounters” with Starlink satellites this year. The instances that prompted the allegations to the United Nations’ space agency…
A new item is being added to its menu by Taco Bell which the brand’s fans might not be able to relate with the company. And the company is offering the new item for only a week. Starting January 6 next year, crispy chicken wings will be added to its menu by the fast-food restaurant…
The latest Spider-Man film has turned out to be the first pandemic-era film to gross more than $1 billion at the worldwide box office. In addition, Spider-Man: No Way Home was named the highest-grossing film of 2021. The revenues garnered by the film were higher than The Battle of Lake Changjin, a Chinese-made Korean War epic that…
Selfridges, a British luxury department store business, is now being sold to a Thai retailer and an Austrian real estate company. According to the BBC, the sale for the majority of Selfridges Group is worth roughly £4 billion ($5.4 billion). The company is best known for its flagship department store on London’s Oxford Street, which…
Following a protest over a letter advising itds suppliers not to purchase items or labour from China’s Xinjiang region, Intel has issued an apology. In China, the letter form the company had triggered outrage and calls for a boycott. Following limitations imposed by “various countries,” Intel was “forced to ensure” that its supply chain did not use…
Following reporting slower than expected sales for its Alzheimer’s drug in the United States as hospitals complained that the price of the drug was too high and its benefits did not meet the costs, Biogen Inc dropped the price of the drugs by about 50 per cent to $28,200 for an average weight person. The…
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