The family of a deceased man, David Kleiman, is claiming their family member helped create the popular digital currency and is suing Kleiman’s alleged business partner in the endeavor, Craig Wright, for half of Satoshi Nakemoto’s 1.1 million cache of Bitcoin. For the past five years, Wright has been claiming on and off that he … Read more
The government has asked Starlink Internet Services of Elon Musk‘s SpaceX aerospace company to comply with the country’s regulatory framework before offering its satellite-based internet services. A Communications Ministry statement late Friday said that because Starlink is not the holder of a license, the public is advised not to subscribe to Starlink services that are … Read more
Indian oil marketing companies are unlikely to provide immediate relief to consumers from high petrol and diesel prices. This, as the companies turned cautious about the recent developments that have pulled down crude oil prices and are waiting a bit longer to lower pump prices of auto fuels. Petrol was sold at Rs 103.97 a … Read more
The number of AIS signals from ships in Chinese waters has plunged 85% in under a month. Shipping companies use the data for a range of purposes, including the planning of shipping routes. The decline in data could worsen the current supply chain crisis. Ships in Chinese waters have vanished from tracking systems the maritime … Read more
Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors. The shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard, with millions of … Read more
China is imposing mandatory quarantines of up to seven weeks for returning Chinese seafarers. Crew changes are getting more difficult due to stricter government requirements, says the Global Maritime Forum. Ships are rerouting to work around China’s restrictions, prolonging shipments. China’s strict COVID-19 quarantines are making it difficult for ships to change crews, contributing to … Read more
The Company has confirmed that it is developing a nasal spray for COVID-19 prevention for which it has initiated the clinical trials. Key points to note – The product would be helpful in preventing infection and transmission of COVID-19. It has been developed by scientists at ITC Life Sciences and Technology Centre (LSTC). The same … Read more
It has been in the works for a while now and won’t come as a surprise but it looks like the Samsung Galaxy Note series of smartphones will soon fade into oblivion. Samsung didn’t launch a new Galaxy Note smartphone this year and officially confirmed it had no plans to do so and now a … Read more
In line with the ongoing industry trends, JSW Energy too separates it’s Green (Renewables) from Grey (Thermal) business into a separate 100% owned subsidiary – JSW Energy Neo. Key Points to note: The Company targets to reach a power generation capacity of 20GW by 2030 compared with 4.5GW currently. Of the current capacity 30% is … Read more