Worldcoin Rebrands to World Network, Expands Iris-Scanning Technology Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, announced on Thursday that it is rebranding to World Network and ramping up efforts to scan every human’s iris using its signature “orb” devices. The core offering of the project is World ID, a “digital passport” designed to verify that its holder is a real human, distinguishing them from AI bots in the digital world. New Orb Device Unveiled with Enhanced Security At an event in San Francisco, World Network introduced an updated version of its orb iris-scanning device. The new orb…
Author: Kanika Sharma
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US Stocks Rise Amid Strong Economic Data; Gold Hits Record High US stocks rose on Thursday, following gains in European markets, as investors reacted to mixed earnings reports and encouraging economic data. Gold reached a record high, benefitting from its status as a safe-haven asset amid uncertainty surrounding the upcoming US election. Gold’s climb to an all-time high reflects investor concerns about market volatility and political uncertainties. Meanwhile, technology stocks, particularly semiconductor companies, played a key role in boosting US indices. Semiconductor Strength Drives US Stock Rally Technology shares led the market surge, with the semiconductor sector making significant gains.…
Amazon Strengthens Sustainability Efforts with Nuclear Energy Investments Amazon is expanding its commitment to sustainable energy by signing three new agreements to advance nuclear energy projects. These agreements focus on developing Small Modular Reactors (SMRs), a key part of Amazon’s plan to achieve carbon-free energy. SMRs are smaller and faster to build compared to traditional reactors, offering scalable clean energy that fits with Amazon’s sustainability goals. Recently, the company announced that it had already matched 100% of its electricity use with renewable energy, hitting this target seven years ahead of its 2030 deadline. Collaboration on SMR Projects at Amazon Amazon…
China’s JUNO Observatory Set to Revolutionise Neutrino Research A massive underground experiment designed to study elusive subatomic particles known as neutrinos is nearing completion in southern China. The Jiangmen Underground Neutrino Observatory (JUNO), a $300 million project, will soon begin gathering data to unlock key mysteries of particle physics. Innovative Neutrino Research JUNO, located 700 metres underground in Guangdong province, is encased in a 12-storey cylindrical pool of water. The facility houses thousands of light-detecting tubes that will measure neutrinos produced by nearby nuclear reactors. Scientists from China and around the world will analyse this data for up to six…
Industry Calls for Closer EU Space Cooperation and Clearer Rules EU Space Cooperation is needed to ensure their space sector remains competitive and attractive to investors. Italy’s Space Agency President, Teodoro Valente, and Industry Minister Adolfo Urso highlighted this during a global meeting of space agencies in Milan. As competition intensifies due to growing geopolitical tensions and private-sector advancements—especially from Elon Musk’s SpaceX—the need for stronger European cooperation is more pressing than ever. Valente emphasised that no single European country can shoulder the financial burden of space projects alone. He added that while cooperation is crucial, it must also be…
NASA’s Europa Clipper Mission Set to Explore Jupiter’s Icy Moon NASA is preparing to launch a spacecraft to Jupiter’s moon Europa, considered one of the most promising locations for finding life beyond Earth. Europa, encased in ice, is thought to contain a vast underground ocean, which makes it a prime target for studying habitability. Europa Clipper: A Groundbreaking Mission The Europa Clipper spacecraft, powered by solar energy, will be launched aboard a SpaceX Falcon Heavy rocket from the Kennedy Space Center. The launch is scheduled for Monday at 12:06 p.m. ET, following a delay caused by Hurricane Milton. Once launched,…
A Black Hole’s Stellar Destruction Leads to New Discoveries NASA & ISRO have uncovered new insights into black hole activity. Their combined efforts, using space observatories like Chandra, Hubble, NICER, Swift, and AstroSat, revealed a black hole destroying a star and using the debris to pummel another celestial object. This discovery by NASA & ISRO offers answers to two long-standing mysteries in astronomy, connecting phenomena that were previously only speculated upon. Stellar Wreckage in Action In 2019, astronomers detected the destruction of a star that wandered too close to a massive black hole. The black hole’s immense gravitational pull shredded…
Investors Eye AI Payoffs as S&P 500 Profit Growth Slows Investors are keen to see if artificial intelligence (AI) investments are starting to yield returns for S&P 500 companies. This focus arises as analysts predict slower profit growth compared to the previous quarter. Slower Growth in S&P 500 Earnings Despite the expected slowdown, S&P 500 earnings are projected to have risen by 5.3% year-over-year, a decline from the 13.2% growth observed in the second quarter. Technology and communication services sectors are expected to show the highest growth, according to data from LSEG. Financial Giants Start the Earnings Season The earnings…
PSLV-C37 Upper Stage Re-Enters Earth’s Atmosphere After Historic 2017 Launch The upper stage of the PSLV-C37 rocket, which set a record by launching 104 satellites in one mission, re-entered Earth’s atmosphere on 6 October 2024. This re-entry signifies an important milestone in space debris management. It adheres to international guidelines and highlights the Indian Space Research Organisation’s (ISRO) commitment to sustainable space operations. Record-Breaking Launch and Mission Overview On 15 February 2017, ISRO’s Polar Satellite Launch Vehicle (PSLV-C37) made history by deploying 104 satellites in a single launch. The primary payload was the Cartosat-2D satellite, along with 103 co-passenger satellites.…
Foxconn to Build World’s Largest Facility for Nvidia Superchips in Mexico Foxconn is set to construct the world’s largest manufacturing facility dedicated to assembling Nvidia’s GB200 superchips in Mexico, senior executives at the Taiwanese company announced on Tuesday, October 8. This move aims to support Nvidia’s next-generation Blackwell family computing platform. Foxconn Capitalises on AI Boom Renowned as the world’s largest contract electronics manufacturer and Apple’s primary iPhone assembler, is now leveraging the growing demand for artificial intelligence (AI) technologies. The company is assembling servers that are crucial for processing AI workloads, positioning itself at the forefront of the AI…