The US Securities and Exchange Commission (SEC) has greenlit a postponement of the civil trial against Terraform Labs and co-founder Do Kwon, accused of orchestrating a massive $40 billion cryptocurrency fraud. The delay aims to facilitate Kwon’s extradition for his attendance at the trial. In a filing on Monday in Manhattan federal court, the SEC justified a “modest” adjournment…
On Friday, Microsoft’s market value surpassed that of Apple for the first time since 2021, making it the world’s most valuable company. Apple’s shares inched up by 0.2 percent, while Microsoft saw a 1 percent increase, resulting in a record market capitalization of $2.887 trillion (approximately Rs. 2,39,26,500 crore), according to LSEG data. In contrast, Apple’s market capitalization was…
The Wi-Fi Alliance introduced Wi-Fi 7, the latest IEEE standard, at CES 2024, promising notable improvements to the existing connectivity standard. With speeds up to four times faster than Wi-Fi 6E, Wi-Fi 7, or IEEE 802.11be, brings several advancements, including Multi-Link Operation, 320MHz channel support for Wi-Fi networks, and the incorporation of 4K Quadrature Amplitude Modulation (QAM). Anticipate the…
According to reports, Reliance Jio’s JioSpaceFiber, the anticipated satellite-based gigabit fiber service, could soon launch in India pending approvals from the Indian National Space Promotion and Authorisation Centre (IN-SPACe). The telecom giant has reportedly fulfilled all necessary submissions to IN-SPACe, marking a significant step toward becoming the country’s first satellite-based giga-fiber internet service. Approval requires security clearances and nods…
In a milestone achievement, ISRO (Indian Space Research Organisation) triumphantly launched its inaugural X-Ray Polarimeter Satellite, set to provide valuable insights into celestial entities, particularly black holes. The Polar Satellite Launch Vehicle (PSLV) embarked on its C58 mission, flawlessly deploying the primary X-Ray Polarimeter satellite, XPoSat, into a 650 km Low Earth Orbit as planned. The launch occurred precisely…
Parliament passed the Telecommunications Bill, 2023, on Thursday, granting the government the authority to temporarily assume control of telecom services in the interest of national security. The bill, which received approval through a voice vote in the Rajya Sabha, had already been passed by the Lok Sabha on Wednesday following a brief debate. The key provisions of the Telecommunications…
The Worldcoin project, which saw a surge of interest followed by a period of quiet in August this year, is back in the spotlight with strong backing from OpenAI CEO Sam Altman. In a recent interview, Altman expressed admiration for the Worldcoin initiative, a web3 project he conceived. The primary objective of this venture is to establish a global…
According to Bloomberg News, various Chinese state agencies and state-backed companies have recently advised their employees against bringing Apple iPhones and other foreign devices to the workplace. This move aligns with China’s longstanding goal of reducing dependence on foreign technologies by urging state-affiliated entities, including banks, to transition to local software and promoting the development of domestic semiconductor chip…
A recent report highlights a potential threat to iPhone users as malicious keyboards, capable of evading Apple’s stringent security checks, are reportedly being used to spy on user activity. While Apple rigorously checks apps distributed through the App Store, these third-party keyboards find their way onto iPhones through alternative channels meant for developers to test their apps on iOS….
Meta is set to discontinue its cross-platform messaging service, ending the ability to message Facebook accounts from your Instagram account and vice versa. Three years after introducing the feature, users will be limited to messaging within the platform they are currently using. Although Meta hasn’t provided a specific reason for this decision, the announcement aligns with the anticipated timeline…
