Innovation & Tools
Instagram introduces competitor to TikTok - 08/06/2020
The social network Instagram has launched the video editor Reels, which resembles TikTok in functionality, reports The Verge. The tool allows creating 15-second videos, adjust the speed, add music or borrow an audio track from other videos, and apply various effects. The service was launched on iOS and Android operating systems in 50 countries, including the USA, UK, France, Germany, Australia...
National Grid: UK will have 30 million electric vehicles by 2040 - 07/28/2020
Number of electric vehicles on UK roads could rise to 30 million by 2040, according to several scenarios of the gas and electricity operator National Grid. In 2019, only 3% of new car sales were from EVs and plug-in hybrids, according to the company. "Even under the slowest decarbonization scenario, combustion engine vehicles will not be sold after 2040," the report reads. The company predicts...
China launches its first interplanetary mission to Mars - 07/23/2020
The Chang Zheng 5 (CZ-5) heavy vehicle was launched on Thursday with China's first Tianwen 1 mission to Mars, CCTV reported. The launch of a rocket with an automatic interplanetary station "Tianwen-1" with a total mass of about 5 tons, which consists of an orbiter and a landing platform with a rover, was carried out from the LC101 launch pad of the Chinese Wenchang spaceport, located on the...
PayPal launches cryptocurrency trading service - 07/21/2020
In the near future, PayPal intends to launch its own service for trading and storing cryptocurrencies. To do this, the payment company entered into an agreement with the blockchain startup Paxos, Coindesk reports, citing its own sources. According to the publication, PayPal intends to offer its customers the ability to directly buy and sell cryptocurrencies through the Venmo mobile payment...
Instagram to launch TikTok competitor in August 2020 - 07/17/2020
Instagram social network will launch video editor Reels in August 2020, Techcrunch reports, citing service representatives. Reels, similar in functionality to TikTok, will be available simultaneously in 50 countries at once, including the United States. The editor will allow creating 15-second videos, adjusting the playback speed, adding music or borrowing an audio track from other videos (like...
Amazon introduces smart shopping carts - 07/16/2020
Amazon introduced smart shopping carts for offline stores. The carts independently scan the goods in the basket and automatically debit money from the buyer's card upon exiting. Amazon, owned by the world's richest billionaire Jeff Bezos, has introduced smart shopping carts in supermarkets, CNBC reported. They are called Dash Carts and will appear in a new Amazon grocery store in Los Angeles,...
Novavax receives $ 1.6B from US government to launch COVID-19 vaccine - 07/08/2020
The US biotechnology company Novavax received a $ 1.6 billion grant from the US government to develop and commercialize the COVID-19 coronavirus vaccine. The company is expected to produce about 100 million doses of the vaccine, for now called NVX-CoV2373, by January 2021. To date, the company, founded in 1987, has successfully completed two of the three phases of clinical trials of its...
UK will invest $ 500M to rescue rival of Elon Musk's Starlink - 07/07/2020
The UK government will become a co-owner of OneWeb, which is creating a satellite network to access the Internet. In March, OneWeb filed for bankruptcy. The project is a direct competitor to the similar idea of SpaceX company. Joint venture between the UK government and the Indian company Bharti Global Ltd. won a tender to buy a stake in the British satellite system operator OneWeb, according to...
Falcon 9 delivers latest generation GPS satellite to orbit for US Air Force - 07/01/2020
Falcon 9 heavy rocket successfully launched the third satellite of the third generation global positioning system GPS III into the regular orbit for the US Air Force, said SpaceX company. The launch was carried out on Tuesday at 16:10, the time of the US East Coast from the 40th launch complex at the launch site at Cape Canaveral in Florida. After about an hour and a half, the satellite was...
Twitter warns of possible user data leak - 06/24/2020
Twitter Inc. microblogging service sent a letter to users informing about a possibility of leakage of personal data of business clients, BBC News reports. "In an email to its customers, Twitter said other people might have access to personal information," the BBC said. The message states that personal data includes email addresses, phone numbers and the last 4 digits of credit card numbers....