Japanese researchers have unveiled a groundbreaking project in collaboration with the Japan Aerospace Exploration Agency (JAXA) and NASA. The result is the world’s first wooden satellite called LignoSat, set to be launched into Earth’s orbit by summer 2024. Crafted from magnolia wood, the innovative satellite offers several advantages over traditional metal satellites. It is lightweight,…
Twilio Inc. CEO Jeff Lawson announced that the software provider would be laying off approximately 5% of its workforce due to underachievement in the growth of a targeted unit by activist investors. The news caused the company’s shares to fall by about 0.5%. The company expects restructuring charges ranging from $25 to $35 million. The…
The Indian Ministry of Tourism, in collaboration with industry stakeholders, has developed a draft National Tourism Policy for 2023 aimed at boosting the contribution of tourism to the Indian economy. The policy seeks to increase tourism visitation, length of stay, and spending, as well as to position India as a year-round tourist destination. In a…
Meta’s chief AI scientist Yann LeCun has once again expressed skepticism about AI reaching advanced or human-level intelligence in the near future, going against the claims of some more optimistic tech leaders. At a recent media event in San Francisco organized by Meta, LeCun highlighted the 10th anniversary of its Fundamental AI Research team. Contradicting…
Zoram People’s Movement (ZPM) emerges victorious in Mizoram, claiming 27 out of 40 seats in the House and toppling the ruling Mizo National Front (MNF). The ZPM secured big wins, including CM face Lalduhoma’s triumph in Serchhip. However, the MNF managed to secure nine seats and was leading in one. Additionally, the BJP, won the…
Manchester United is expected to announce next week that British petrochemicals billionaire Jim Ratcliffe will be acquiring a 25% stake in the football club, according to Sky News. The deal, worth £1.25 billion, will see Ratcliffe buying 25% of the club’s listed A-shares in a $33-a-share deal, as well as 25% of the Glazer family’s…
Amritsar: A Glimpse into the Heart of Punjab Step into the vibrant city of Amritsar, nestled in the heart of Punjab, and you’ll find much more than just a city; it’s a repository of Sikh history, an embodiment of religious harmony, and a vibrant hub of local culture. From the serene Golden Temple to the…
Gold prices in the national capital soared to a new record high on Monday, reaching Rs 64,300 per 10 grams after a significant increase of Rs 450, according to HDFC Securities. This surge in gold prices was attributed to strong global trends. In the previous trade, the precious metal had settled at Rs 63,850 per…
Heavy rains battered parts of Andhra Pradesh on Monday due to the impact of the cyclonic storm ‘Michaung’ as it approaches the state’s southern coastal region prior to making landfall. An alert has been issued to eight districts in the state, including Tirupati, Nellore, Prakasam, Bapatla, Krishna, West Godavari, Konaseema, and Kakinada. Chief Minister Y…
Spotify CEO Daniel Ek announced a significant reduction in the company’s headcount equivalent to about 17%. This decision comes after a reported 65 million euros ($70.7 million) profit in the third quarter, which cited lower spending on marketing and staff. Ek explained that the move is necessary to align Spotify’s cost structure with its financial…
