Microsoft Invests $2 Billion Into Autonomous Vehicle Company Cruise

Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology. While Microsoft’s capital is…

How Will Elon Musk’s $100 Million XPRIZE Work For Carbon Removal

Elon Musk notified the world that he would be donating $100 million to pursue new technologies for carbon capture, methods through which carbon dioxide can be actively extracted from the atmosphere as a means to help stave off climate change. As TechCrunch reported in January when he made the tweet, Musk’s sizeable pool of monetary…

Rocket StartUp Astra To Go Public In Race For Commercial Space

The rocket start-up Astra plans to go public, the company announced Tuesday, raising $500 million to bolster its position in the burgeoning market for space transportation. In a deal valued at $2.1 billion, Astra would become the first publicly traded company dedicated to delivering satellites into Earth’s orbit. The Alameda, Calif.-based rocket-maker intends to go…

2020 – A Recap

A decade on, i continue my yearly ritual 1.Till the beginning of October, the year 2020 went pretty well for me inspite of the pandemic and the innumerable hardships faced by everyone around us. And then on October 6th , disaster struck as my brother passed away and it was the most terrible feeling i…

Happy New Year 2021

Wishing you beautiful moments, treasured memories and all the blessings this new year will bring. +++

Merry Christmas 2020

Wishing all of you and your loved ones Merry Christmas and the best wishes of the season. Have a great holiday with family & friends. +++

Israel’s Bank Hapoalim First to Sign Up TCS’ Quartz Blockchain Based Digital Bank Guarantee Platform

Tata Consultancy Services, a leading global IT services, consulting, and business solutions organization, has launched a new transformative Digital Bank Guarantee platform, powered by the Quartz® Blockchain solution, as part of the Banking Service Bureau (BSB), operated by TCS for the digital banking industry in Israel. Bank Hapoalim, Israel’s largest bank that currently manages more…

Dale Vince Founder Of Green Energy Supplier Ecotricity To Mine Diamonds From Atmosphere

A British multi-millionaire and environmentalist has set out plans to create thousands of carats of carbon-negative, laboratory-grown diamonds every year “made entirely from the sky”. Dale Vince, the founder of green energy supplier Ecotricity, claims to have developed the world’s only diamonds to be made from carbon, water and energy sourced directly from the elements…

Swiss Arm of Russian Largest Bank Gazprombank To Offer Bitcoin Custody And Trading

The Swiss arm of one of Russia’s largest banks yesterday announced that it would offer crypto custodian and Bitcoin exchange services to the businesses and institutions it counts as customers. The Swiss subsidiary of Gazprombank, Russia’s third-largest bank, has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to offer “the safe custody of…

Louis Vuitton Acquires a Massive 549-Carat Rough Diamond From Botswana

Louis Vuitton has another monster-size rough diamond on its hands. Earlier this year, the Parisian luxury house announced it had acquired the second largest diamond on the planet, known as the Sewelô, that weighed in at 1,758 carats. The maison followed up today with news that it has acquired a 549-carat rough diamond, named the…

Australia Taps Ethereum for Digital Dollar (AUD) Project

The Reserve Bank of Australia, the country’s central bank, is exploring the use of a central bank digital currency, a digital form of fiat currency issued by the state. The central bank is partnering with Commonwealth Bank, National Australia Bank, and Perpetual and ConsenSys Software on the project. Central bank digital currencies have been dominating…