INNOVATION

Elon Musk rolls out his plan to nab Twitter with $21 billion of his own money

Elon Musk rolls out his plan to nab Twitter with $21 billion of his own money

Elon Musk has set up the funds needed to buy Twitter. All of it. And on Wednesday, Musk unveiled his plan for a $46.5 billion loan that would allow him to round up Twitter’s total purchases, in filing with the US Securities and Exchange Commission (SECOND). Notably, it turned out that Musk himself covered only …

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Future outlandish delivery drone concept can carry 100 pounds up to 80 miles

Austria-based vertical propulsion company Cyclotech partnered with Japanese delivery firm Yamato to develop a concept for an unusual delivery drone using Cyclotech’s thrust vectoring propulsion system. The concept aircraft, called CCY-01, flies using six of Cyclotech’s unique CycloRotors and the company says it will be capable of precision landing in confined space at the same time as handling …

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Stripe, Meta, and other Big Tech firms launch a new carbon removal initiative

Major tech companies have joined hands to tackle climate change constructively. In a project called Frontier, Alphabet, McKinsey, Meta, Shopify, and Stripe have put forward a $925 million advance market commitment — marking a significant investment — to encourage and speed the development of technologies that can pull carbon dioxide from the air. Frontier would purchase permanent …

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Elon Musk

Elon Musk saved $143 million by not disclosing his Twitter stake on time, lawsuit claims

Twists and turns in Elon Musk’s tale of acquiring a significant stake in Twitter continue into this week as well, after former Twitter shareholders sued him in the court of Manhattan for making “materially false and misleading statements and omissions”, Reuters reported. Earlier this month, Musk declared in a filing with the Securities and Exchange Commission …

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SpaceX is Launching S. Korea’s first spy satellite in 2023

Like it or not, the threat of conflict is rising. This makes it necessary for key global players to build and maintain state-of-the-art intelligence infrastructure that can operate independently. This is why South Korea will launch its first-ever homemade spy satellite in 2023 aboard SpaceX’s Falcon 9 rocket by the end of 2023, with aims …

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Mark Zuckerberg is looking to develop virtual coins dubbed “Zuck bucks”

Mark Zuckerberg is looking to reduce his platforms’ dependence on advertising by introducing virtual coins referred to as “Zuck bucks” which are seemingly named after the Meta founder, chairman, and CEO reported The Guardian on Thursday. The new in-app tokens would be controlled by the company and would function in a manner similar to the Robux currency found in the popular children’s …

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Astronomers discovered the farthest galaxy at 13.5 billion light-years away

An international team of scientists has just spotted the most distant galaxy to date. Called HD1, the galaxy candidate is about 13.5 billion light-years away and was described Thursday in Astrophysical Journal. This is interesting in and of itself, but it gets better; it may be home to “Population III” stars. These are postulated to be the first kind …

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Dubai Introduces Future Museum – To Live In 2071

Introduction Dubai’s penchant for housing some of the world’s most magnificent creations is no secret. Beautiful buildings and jaw-dropping structures with breath-taking designs have helped the UAE capital build a solid foundation for its identity as one of the top tourist destinations throughout the globe. On the palindrome on February 22, 2022, Dubai unveiled the …

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Clean energy met record-breaking 38 percent of global power demand in 2021

2021 was a landmark year for renewable energy as 38 percent of the world’s demand for power was met by clean energy sources, Ember, a climate and energy think-tank revealed in its annual report. This might be the much needed welcome news as countries push towards renewables in a bid to reduce emissions. Many countries have …

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Human waste can be used as rocket propellant by future Mars astronauts

Introduction For future Mars astronauts, no wastewater must go to waste. A team from Spanish technological center Tekniker is developing a new sustainable life support mechanisms, required to help astronauts live on Mars for long periods. The ‘photoelectrochemical’ system converts astronaut wastewater and carbon dioxide from Mars’ atmosphere into fuel using sunlight. Wastewater combined with CO2 makes …

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