Author: Team Interstellar

EU Charges Apple with Breaching Tech Rules Under Digital Markets Act European Union antitrust regulators charged Apple (AAPL.O) on Monday with breaching the bloc’s tech rules, potentially resulting in a substantial fine for the iPhone maker. This charge accompanies another ongoing investigation into new fees imposed on app developers. Preliminary Findings and Potential Fines The European Commission, the EU’s antitrust and technology regulator, communicated its preliminary findings to Apple following an investigation initiated in March. This charge marks the first under the landmark Digital Markets Act (DMA), which aims to curb the power of Big Tech and promote fair competition…

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Apple Shares Surge to Record High After AI Unveiling Apple shares rose over 7% to a record high on Tuesday. This surge nearly reclaimed its title as the world’s most valuable company from Microsoft. The increase followed it’s announcement of new AI features aimed at boosting iPhone demand. Apple Stock Performance in 2024 Despite the recent rise, the company has been trailing the S&P 500 in 2024. This lag is due to declining iPhone sales and concerns that Apple is falling behind other tech giants in the race for AI dominance. On Tuesday, it’s stock soared 7.3%, closing at $207.15.…

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Bengaluru, June 5, 2024: Mr. S. Somanath, Chairman, ISRO inaugurated state-of-the-art Propellant Tank Production and CNC Machining facilities at HAL’s Aerospace Division today in the presence of Mr C B Ananthakrishnan, CMD (Addl. Charge), HAL and senior officers from ISRO and HAL. The newly established facilities will provide a major boost to ISRO’s ability to meet its growing production needs, particularly for the Launch Vehicle Mark–3, India’s heaviest and most powerful rocket. Currently, the existing capacity allows for only two LVM3 launches per year, whereas ISRO’s requirements stand at six launches annually. The facilities will address this gap, enabling HAL…

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Agnikul Cosmos to Launch 3D-Printed Agnibaan Rocket Indian aerospace startup Agnikul Cosmos has announced the launch of its 3D-printed, semi-cryogenic Agnibaan rocket. The launch window is set between May 28 and June 5. The Chennai-based company shared the update on social media platform X, stating, “NOTAM issued. It is launch time.” Launch Details and Location The launch is scheduled to take place at the Satish Dhawan Space Centre, operated by the Indian Space Research Organisation (ISRO) in Sriharikota, Andhra Pradesh. This launch follows a previously aborted attempt on April 7, when the maiden launch of the Agnibaan rocket was called…

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SkyServe, a space technology company based in Bengaluru and Cupertino, has reached a major milestone in Earth observation with its recent development of Smart Earth Imaging in orbit. The company hails this advancement as the “Smartphone Moment” for Earth observation. SkyServe’s Smart Earth Imaging In collaboration with space logistics firm D-Orbit, SkyServe successfully tested its edge computing software stack, STORM, on a satellite launched by SpaceX earlier this year. The satellite, equipped with STORM, performed intelligent tasks such as error correction in imagery, cloud and water cover removal, and vegetation identification. These tasks were processed over the Egypt-Sinai Peninsula within…

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Last year, a notable assembly of global leaders, business magnates, and scholars convened at Bletchley Park, UK, for the inaugural AI Safety Summit. The event aimed to harmonise regulations on AI technology, which some argue could pose significant risks to humanity. The summit saw prominent figures such as Tesla’s Elon Musk and OpenAI’s CEO Sam Altman engage with various critics. The gathering culminated in the signing of the “Bletchley Declaration” by major nations including China and the USA, demonstrating a rare moment of collaboration amidst rising global tensions. Six months following this event, the second AI Safety Summit is scheduled…

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Since its inaugural manned flight in 2003, China has aggressively expanded its space program, consistently marking significant achievements in human spaceflight. The upcoming Shenzhou-18 mission, led by veteran astronaut Ye Guangfu, who at 43 is set to command his first spaceflight, underscores China’s aspirations to become a major spacefaring nation. The mission is scheduled to dock with China’s self-developed space station, Tiangong, which translates to “Celestial Palace.” Tiangong, launched in segments beginning in 2021, represents China’s ambition to maintain a long-term human presence in space, serving as a testament to the country’s technological prowess and strategic foresight in aerospace. The…

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NASA is actively pursuing a more cost-effective and streamlined method to bring back valuable Martian soil samples to Earth, facing financial constraints, officials from the US space agency revealed. The agency plans to issue a formal request for proposals to NASA centers, laboratories, and aerospace companies. This initiative seeks innovative solutions to revamp a Mars sample return program that has been beset by technical difficulties, escalating costs, and budget limitations, as shared by NASA executives during a press briefing. NASA officials anticipate reviewing alternative proposals this coming fall or early winter. Associate Administrator Nicky Fox emphasized that the revamp would…

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South Korea’s KSTAR has once again demonstrated significant progress in nuclear fusion technology as the Korea Superconducting Tokamak Advanced Research (KSTAR) reactor set a new global record by sustaining a plasma loop at a temperature of 100 million degrees Celsius for 48 seconds. This achievement surpasses KSTAR’s own previous record of 31 seconds set in 2021 and marks an incremental advance in the quest for unlimited clean energy. Nuclear fusion, the process that powers stars, involves the fusion of hydrogen atoms into helium under extreme conditions, releasing vast amounts of energy without the byproducts of greenhouse gases or long-lasting radioactive…

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China has achieved a significant milestone in its lunar exploration programme with the successful launch of the Queqiao-2 satellite, hailed as a “complete success” by the China National Space Administration (CNSA). This development marks a critical step in enhancing communication for China’s future lunar probe missions, according to reports from state media. Launched on March 20, the Queqiao-2 satellite, named after a mythical magpie bridge, is designed to act as a communication bridge between Earth and the far side of the Moon. This side of the Moon, permanently out of direct sight from Earth due to its synchronous rotation, cannot…

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