Innovation & Tools
Branson's Virgin Galactic tests spaceship with people on board for the first time in two years - 05/24/2021
Richard Branson's Virgin Galactic has conducted its first test launch of its spacecraft with people on board since early 2019. The company is already offering prospective tourists the chance to book a trip to space for $250,000. British billionaire Richard Branson's Virgin Galactic has tested the VSS Unity spacecraft, launching it into space and returning it to Earth. The company announced this...
China lands its first spacecraft on Mars - 05/17/2021
China has successfully landed a spacecraft on Mars for the first time. It will study the planet's atmosphere, topography and geology. The last Chinese probe failed to leave Earth's orbit. China has successfully landed a spacecraft on the surface of Mars. This was reported by Xinhua news agency, citing the China National Space Administration. This has become the first landing of a Chinese probe...
Lagarde: Europe could start experimenting with the digital euro as soon as summer - 04/29/2021
The European Central Bank (ECB) will decide in the summer whether to start experimenting with the digital euro, but it will not mean introducing such a currency in the short term, ECB chief Christine Lagarde said during an online conference. "We are looking at all the options and all the risks involved. We will decide in the summer whether we will introduce the experiment," she said. That said,...
Samsung unveils smartphone with quantum encryption - 04/14/2021
Samsung has revealed the Galaxy Quantum2 smartphone, equipped with quantum cryptography technology to protect data. The first market for the smartphone will be South Korea, where the smartphone will go on sale on 23 April. The price of the device has not been named yet. Pre-orders will start on April 13, said South Korean mobile operator SK Telecom, which will sell the device. The IP67 dust- and...
Xiaomi to invest $10B in electric vehicles - 03/31/2021
Chinese electronics manufacturer Xiaomi has announced that it is developing electric cars and will invest $10 billion in their production over the next ten years. This was reported by Bloomberg, citing a statement from Xiaomi representatives. The company has already hired engineers to work on software for electric cars. The electric car division will be headed by the company's co-founder, Lei...
Visa approves settlements within USD Coin cryptocurrency transactions - 03/30/2021
The US payment system Visa approved settlement of transactions in USD Coin Stablecoin. Visa became the first major global payment system to approve such settlements. Stablecoins are cryptocurrencies that are linked to stocks of conventional currencies or physical commodities, such as gold or oil. Their exchange rates are subject to less fluctuation than typical cryptocurrencies ( that is, they...
Study: Humankind will shift to alternative meat in 20 years - 03/24/2021
By 2035, one in ten meat, eggs, dairy products and seafood items consumed worldwide will be made from alternative proteins. This is what the Boston Consulting Group (BCG) and Blue Horizon Corporation study says. The experts predict that the market for alternative products will reach at least $290 billion by 2035. Under a baseline scenario, it would grow from the current 13 million tons...
French watchdog to check Clubhouse for possible breaches of privacy rules - 03/18/2021
France's National Commission for Informatics and Civil Liberties (CNIL) said on 17 March that it had launched an investigation into the voice social network Clubhouse. The regulator is checking it for possible violations of European privacy rules. The investigation was launched in response to a petition whose authors claimed "possible breaches in the Clubhouse app in terms of privacy". The CNIL...
Huawei will charge smartphone manufacturers for the use of its 5G technology - 03/17/2021
Huawei has announced that it will begin charging smartphone manufacturers a licensing fee for the use of its 5G technology. The maximum payment per device will be $2.5 - less than other 5G patent holders. The license fee will allow the Chinese company to cover losses due to the US sanctions. Chinese tech giant Huawei said it intends to charge smartphone manufacturers a "reasonable" fee for the...
Facebook launches Instagram Lite in 170 countries - 03/11/2021
Facebook has announced the launch of a light version of Instagram, which will allow the service to be used even with poor internet connection, in more than 170 countries around the world. The app is only available to Android users. Facebook has launched a light version of Instagram in more than 170 countries around the world, the company said in a statement. The Instagram Lite app "weighs" 2 MB...