MUMBAI: Elon Musk said his satellite-based internet service Starlink is not meant for densely populated cities because the physics of satellite communication makes it unsuitable for that purpose, adding that it is designed to deliver connectivity to rural users and restore access after natural disasters rather than compete with urban broadband.Musk made the observation on…
The Cocoon decentralized AI network, a privacy-preserving distributed computing platform built on The Open Network (TON) — an independent layer-1 blockchain associated with the Telegram messaging application — went live on Sunday. Cocoon allows owners of graphics processing units (GPUs) to rent their computing power to the network, processing user queries and requests in return…
MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…
Operators DIAL and MIAL have challenged a TDSAT verdict striking down their hypothetical regulatory asset base (HRAB) claim, which refers to the capital value of the assets used to calculate the costs of the regulated services, for the first two years of these airports during PPP era, which started about 20 years ago NEW DELHI:…
Today in crypto: Tether CEO hits back at S&P fear, uncertainty, and doubt, Strategy CEO Phong Le says Bitcoin would only be sold if the company’s stock falls and funding options disappear. Meanwhile, Nasdaq is aiming to move as possible on its tokenized stocks proposal. Tether CEO hits back at S&P fear, uncertainty, and doubt…
Rajnath Singh and other NDA functionaries arrive for the floor leaders meet at Parliament House on Sunday (Photo credit: ANI) NEW DELHI: The prospect of disruption looms over an already truncated winter session of Parliament as a united opposition on Sunday pressed for a discussion on SIR, an issue that had all but washed out…
The report had made recommendations on curbing illegal immigration, regulating land transfer, defining ‘Assamese’ identity and safeguarding it GUWAHATI: Successive govts in Assam allowed the state’s “land and identity crisis” to fester for four decades while they kept under wraps a report that had flagged it as a ticking time bomb that led to the…
mNAV has become the go-to valuation shorthand for bitcoin treasury stocks — but a growing number of analysts are warning it oversimplifies the story. The rise of mNAV in bitcoin finance Over the past few years, a class of publicly traded companies has emerged whose primary value proposition is holding bitcoin on their balance sheets….
NEW DELHI: Software rolled back, solar-storm threat neutralised. Indian operators of Airbus A320 jets – IndiGo, Air India and Air India Express – finished reverting flight-control computers to a safer 2022 version in just over a day, heading off widespread groundings feared after the manufacturer raised red flags late Friday.DGCA was informed early Sunday that…
Brazil’s crypto market is moving billions of dollars a month, and regulators are taking notice. In a technical presentation at the Blockchain Conference Brasil, Flavio Correa Prado, an auditor at Brazil’s tax authority, the Receita Federal, revealed that crypto transactions reported under existing rules have reached between $6 billion and $8 billion per month. If…
