Monthly Archives: July 2022

International Asteroid Day 2022: How Asteroids Were Formed, Why They Could Pose a Threat to Earth

Asteroids are rocky celestial bodies that are located in the main asteroid belt and resolve around the sun, just like planets. Created furing the formation of our solar system around 4.6 billion years ago, most of these asteroids do not pose a threat to Earth, but can cause a catastrophe in case of an impact…

India’s 5G Spectrum Auction Could See Muted Bids as Operators Jostle for Airwaves With Private Networks

Telecom giants Reliance Jio, Airtel and Vodafone Idea are expected to make muted bids at the 5G spectrum auction in July. The operators are concerned that they could lose about 40 percent in potential revenues due to the allotment of some airwaves to enterprises for private networks. Jio, Airtel and Vodafone Idea have failed to…

Samsung’s Bitcoin Mining Chip Enters Trial Production Stage: Reports

Samsung is reportedly ready to start the trial production of its special Bitcoin mining chip. Chinese firm called PanSemi will reportedly be the first customer of Samsung’s to be purchasing these chips. Qualcomm has also expressed interest in taking advantage of Samsung’s crypto mining offering, tha launch date of which remains unclear.Read More

Byju’s Lays Off 500 Workers at WhiteHat Jr, Toppr; Sacked Employees Claim Number Higher

Byju’s announced on Thursday that it has laid off less than 500 workers at WhiteHat Jr and Toppr, as part of efforts to recalibrate its business priorities and accelerate long-term growth. Meanwhile, sacked employees have claimed that 1,100 staff had been retrenched at Toppr alone. The employees also claimed that they got a call from…

Coinbase Enables Staking Benefits for Solana, to Offer Rewards for Staking SOL

Coinbase will now allow Solana investors to stake their tokens on the company’s network to generate rewards. Coinbase will deduct 25 percent from the rewards as a commission fee and distribute these rewards every three to four days. Staking is a process that involves depositing crypto assets to support a blockchain network and validate transactions.Read…

Brazil Proposes to Make USB Type-C Chargers Mandatory for All Smartphones, Launches a Public Consultation

The National Telecommunications Agency (Anatel) of Brazil has started an open public consultation on a proposal to make the adoption of the USB Type-C port mandatory in all smartphones sold in the country. Recently, the European Union reached an agreement mandating all new phones, tablets, and other small electronics sold in the region to use…