Virgin Hyperloop completes world’s first passenger ride trial on super high speed levitating pod system

In a significant development, in a statement Richard Branson’s Virgin Hyperloop said, it has completed the world’s first passenger ride on a super high-speed levitating pod system. The development marks the passing of a key safety test in this next generation transportation technology which will transform human and cargo transportation in the coming future. In…

Huawei’s mobile equipment gradually being replaced with Nokia equivalent in EU

According to two sources close to the matter at hand, telecom operators Orange Belgium and Proximus plan on replacing Huawei’s mobile equipment in Belgium and Luxembourg with Nokia equivalent. The development comes with growing recognition of U.S. accusations that Huawei’s telecom gear could be used for economic and military espionage purposes by Beijing. Both Nokia…

Verizon unit wins multiple bids worth $1.9 billion in 3.5Ghz 5G spectrum auction

In a statement, the Federal Communications Commission (FCC) said, a unit of Verizon Communications Inc has won multiple bids worth around $1.9 billion during the auction of a key spectrum block in the 3.5 GHz band. Totally, 228 bidders won bids worth nearly $4.6 billion for the mid-band spectrum block. The auction of the spectrum…

U.S. drafts new rule allowing companies to work with Huawei to set 5G standards & protocols

According to sources familiar with the matter at hand, the U.S. Department of Commerce is close to introduce a new rule that would allow U.S. companies to work with Huawei Technologies on setting standards for the next generation 5G networks. In 2019, following rhe U.S. Commerce Department blacklisting the company, engineers in some U.S. technology…

FCC chairman pushing for Ligado Networks’s 5G solution despite risks to GPS systems

Federal Communications Commission Chairman Ajit Pai has circulated a draft order asking the five-member panel to approve Ligado Networks’ request to deploy a low-power nationwide network to support next generation 5G wireless. Ligado Networks’ request has drawn fire from some U.S. government agencies as well as by some powerful lawmakers. Earlier this week, the chairman…

Airbus unveils technology demonstrator ‘blended wing body’ aircraft

On Tuesday, Airbus SE unveiled its latest concept “blended wing body” design aircraft that could slash carbon emission by as much as 20%. Since 2019, Airbus has been carrying out flight tests of the 10.5 feet (3.2-metre-wide) technology demonstrator, code-named Maveric, at a secret location in central France. The “blended wing body” design has been…

Japan’s Isuzu Motors likely to enter into alliance with Sweden’s Volvo AB

On Wednesday, Japanese truck maker Isuzu Motors disclosed, it plans on tieing up with Sweden’s Volvo AB, in order to deepen its grip on next-generation technologies including electrification and autonomous driving, Japan’s Yomiuri newspaper reported that Isuzu would be holding a news conference at 0600 GMT in Tokyo on an “alliance” without elaborating.

European venture capital firm Balderton Capital launches $400M tech startup fund

On Tuesday, Balderton Capital, an European venture capital firm stated, it is launching a $400 million fund to invest in technology start-ups; its total funds under management now totals to $3 billion. In a statement, Balderton said, the total venture capital funding in European start-ups hit a record high of $27.11 billion (24.6 billion euros)…