Author: techartica

The space race is on the rise and new players are joining it. Today, Startup Skyroot Aerospace successfully launched a Vikram S rocket from Sriharikota in India. Skyroot was the first Indian privately owned company to get permission to launch missiles in India and it successfully completed its plan. All systems worked as expected, the rocket reached 89.5 km in height.The launch was reported to have been done to test the technology needed to build three orbital versions. “This is a major step forward for India as it develops its own space ecosystem and becomes an advanced space nation.”Minister Jitendra…

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The plant will begin construction in 2030.Volkswagen is changing its strategy to try and catch up to Tesla as quickly as possible. Oliver Blume, the new CEO of BMW, has decided to stop building a large new plant in his plan to clean up the German car company. This plant was to be built in Wolfsburg, Germany for the production and sale of the iconic energy-efficient Trinity electric vehicle. Construction was expected to begin in 2023 and finish in 2026. Volkswagen would have spent 2.2 billion euros on the facility. After joining the company, the new chief took over optimization.…

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Ray’s details show how far FTX came.John J. Ray, CEO at FTX Group said that FTX does no know how much money is available and does not have a full employee list.He is assisting the newly-appointed executives in locating all FTX bank accounts. He demands withdrawals from the institutions and refuses to accept instructions by Bankman-Fried.He estimates that the FTX Group, which includes FTX.com and Alameda Research, has approximately $564 million in cash.Ray has taken every step to distance the company’s co-founder, Sam Bankman Fried, its former CEO. Bankman-Fried has been active on Twitter ever since the bankruptcy filings. Ray…

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The new head of FTX, a once-$32 Billion crypto exchange, has revealed that Sam Bankman Fried’s business empire misappropriated customer funds. FTX is in the midst of bankruptcy. The documents did not contain credible financial statements, and the management of the company had no control over what was going on.John Ray III, a veteran liquidator told a US court that FTX was his most egregious case of corporate bankruptcy in his 40-year history. This company has been able to raise billions from top VCs such as Sequoia SoftBank, Temasek and SoftBank.According to a Delaware court expert an expert said that…

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Analog Devices Inc. and Advanced Micro Devices Inc. (AMD) have decided to end a lawsuit that was based on possible patent infringement. Last night, the press release corresponding to the lawsuit was published.According to the companies they have reached an agreement. “mutually agreed terms.” “We are committed to technology collaboration to deliver next-generation solutions to our customers in the communications and data center market”. The agreement was not disclosed. Representatives of both companies have sofar resisted commenting.In 2019, ADI from Massachusetts filed a lawsuit against Xilinx Inc. (now part of AMD). ADI claimed that Xilinx’s wireless chips violated some patents…

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Yesterday’s quarterly NVIDIA event saw management admit that they were pleased with the market debut of two Ada Lovelace gaming architectures in the face GeForceRTX 4090 video cards and GeForceRTX 4080 video card. However, they plan to introduce new models within this family very soon. The next NVIDIA presentation, which will be part of the CES 2023 show, will be on January 3.PCMag reports that NVIDIA sent invitations to journalists to a virtual conference, which would be held in conjunction with the CES 2023 Las Vegas exhibition. Broadcasting from the presentation will start on January 3rd at 8 AM local…

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TECNO POVA 4 PRO continues the POVA multitasking smartphone line. It impresses with its reliability, performance, and striking design – perfect for those who value an eye-catching and eye-catching visual component.Key features of POVA 4 PRO: Helio G99 processor with improved engine, 256+8GB maximum memory, 6.7” AMOLED screen with 90Hz refresh rate, 6000mAh + 45W charging and vibrant design.For the first time in the POVA line, a 6.7” AMOLED screen (POVA 4 PRO) with a refresh rate of 90 Hz is installed. You will be able to enjoy high-quality videos and movies with optimized dimensions and better image quality.The POVA…

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Google paid millions of dollars in damages to Activision Blizzard & Riot Games to stop them from creating their own Android apps stores. Bloomberg reports that Epic Games has filed court documents confirming this.Epic Games has been in a long-running battle against Google and Apple, accusing them of anti-competitive tactics. According to the game developer, in January 2020, Google agreed to pay Activision $ 360 million over three years – the publisher began to discuss the idea of ​​​​launching its own application store. Activision agreed to publish its games first on the Play Store, then on other sites, after negotiations…

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Even Lada Ray XRay was superior to Hatchback Lada grantaAccording to AvtoVAZ, the social network VKontakte, AvtoVAZ has stopped production of Lada Granta hatchbacks.Lada Granta’s production line will be completed this year without hatchbacks. These are not included in the 2023 plans. AvtoVAZ has already expressed concern that this model would not be returned to conveyor. Due to low demand, the company is not likely to say goodbye to the model.“The Lada Granta hatchback has never sparkled with sales. According to this indicator, it was inferior even to the Lada XRay, which AvtoVAZ has already officially abandoned, ”writes Atypical AvtoVAZ.Sources…

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