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Archive for the ‘government’ category

Oct 7, 2018

Ric Edelman: Bitcoin will be an asset class

Posted by in categories: bitcoin, cryptocurrencies, economics, finance, government, innovation

Kudos to WallStreet analyst and advisor, Ric Edelman. He drank the Kool-Aid, he understands a profound sea change, and he sees the ducks starting to line up.

Check out the clearly articulated interview, below, with Bob Pisani at the New York Stock Exchange and legendary Wall Street advisor, Ric Edelman, (Not my term…That’s what CNBC anchor, Melissa Lee, calls him). Read between the lines, especially the last words in the video, below.

Ric Edleman has just joined Bitwise as both investor and advisor. This lends credibility and gravitas to the organization that created the world’s first cryptocurrency index fund. Bitwise benefits from Edelman’s affiliation, because the US has been slow (some would say “cautious”) in recognizing the facts on the ground: Cryptocurrency is already an asset class.

Edelman fully embraces a strong future for Bitcoin—not just as a currency or payment instrument, but as a legal and recognized asset class; one that is at the starting line of a wide open racetrack. He explains that the SEC sets a high bar for offering a Bitcoin ETF, but that this will be achieved. It will pave the way for large institutions, pension funds, etc to allocate a portion of money under management for blockchain products.

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Oct 6, 2018

MCA & DfT awarded £1million to boost autonomous shipping industry

Posted by in categories: business, government, robotics/AI

The funding, awarded by the UK Government’s Department for Business, Energy and Industrial Strategy’s Regulators’ Pioneer Fund, will be used to pioneer new ways of regulating the autonomous and smart shipping industries to help them deliver innovative new technologies to the traditional maritime sector.

The global autonomous shipping industry is predicted to grow into a $136 billion behemoth by 2030, with UK businesses already playing a key role. The funding will see the creation of the Maritime Autonomy Regulation Lab, where regulators from the MCA and DfT can work with academia and support industry to promote on-water testing and flagship projects and help the UK grow its presence in the global marketplace.

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Oct 6, 2018

Meghnad Saha the physicist also known for Planning Commission and providing national calendar

Posted by in categories: government, physics

New Delhi, Oct 6: There are many unsung and forgotten heroes that India has in abundance. One such man whose 125th birth anniversary falls today is Meghnad Saha who was not only nominated for the Nobel Prize in Physics more than once but was also elected to the first Lok Sabha in 1952 as an independent candidate defeating the Congress nominee Prabhu Dayal Himatsingka. But more interestingly he was the chairperson of Calender Reforms Committee set up in 1952.

No one can forget the role of Planning Commission of India in the growth trajectory of the country which was actually conceived by Subhash Chandra Bose at the Haripura Congress in 1938. Bose as a president proposed it as National Planning Committee in which Saha had shown very keen interest.

Also Read Denis Mukwege, Nadia Murad awarded 2018 Nobel Peace Prize.

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Oct 6, 2018

Did China hack US motherboards?; Industrial-base report, previewed; New tool to fight fake news; ‘Light footprints’ mean shaky intel; And a bit more

Posted by in categories: business, cybercrime/malcode, employment, government, surveillance

China put tiny spy chips on many U.S. servers. That’s the word from Bloomberg Businessweek, whose cover story published Thursday asserts that Beijing persuaded Chinese hardware manufacturers to install a surveillance chip, half the size of a grain of rice, on the motherboards of hundreds of thousands of data servers sold around the world by a U.S. company called Supermicro, including to Amazon and Apple.

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Oct 5, 2018

Rocket Report: SpaceX targeted, Chinese rocket scientist goes viral, SLS slips?

Posted by in categories: government, space travel

Does Chinese commercial space rival government? A story has gone viral in China about the departure of a rocket scientist named Zhang Xiaoping from his job as deputy director of rocket design at the state-owned Xi’an Aerospace Propulsion Research Institute. He was rumored to be helping lead the design of China’s heavy Long March 9 rocket. According to the South China Morning Post, a document posted on a Chinese social media site described how Zhang was “most crucial to the development process,” and had “irreplaceable” talents. The document argued that Zhang’s departure could affect China’s race to send people to the Moon.

Gone to LandSpace … Zhang is rumored to have taken a research position at the private aerospace firm LandSpace (cited above), earning 10 times his previous salary of 120,000 yuan (US$17,400) per year. This is an interesting development, although we have few hard facts from our Western vantage point. However, the Zhang kerfuffle does suggest that some of the same tensions we’re seeing between public and private space in the United States also exist in China with its emerging commercial space market.

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Oct 3, 2018

SpaceX executive talks rocket R&D: “Nobody paid us to make Falcon Heavy”

Posted by in categories: government, space travel

Set to give a keynote speech on October 3rd at 2018’s International Astronautical Congress (IAC), Hans Koenigsmann – SpaceX Vice President of Build and Flight Reliability – attended an impromptu talk one day prior, titled “From the University of Bremen to SpaceX”.

Speaking before a small audience, the University of Bremen graduate and fourth employee to join SpaceX discussed his opinions of Falcon Heavy, BFR, and more, frankly relating how SpaceX intentionally chose to build Falcon Heavy on its own, going so far as to turn down funding reportedly offered by one or more US government agencies.

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Oct 2, 2018

DJI Can Now Authorize Drone Flights in Controlled Airspace

Posted by in categories: drones, government

DJI now has the US government’s permission to authorize drone flights in controlled airspace near airports.

The FAA has approved DJI as part of its Low Altitude Authorization and Notification Capability (LAANC) program. The agency rigorously tested and validated DJI’s technology capabilities before giving its stamp of approval.

DJI was one of 9 companies that were just newly authorized. The other eight are Aeronyde, Airbus, AiRXOS, Altitude Angel, Converge, KittyHawk, UASidekick, and Unifly.

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Oct 2, 2018

Exclusive: Tim Berners-Lee tells us his radical new plan to upend the World Wide Web

Posted by in categories: government, internet

Berners-Lee believes Solid will resonate with the global community of developers, hackers, and internet activists who bristle over corporate and government control of the web. “Developers have always had a certain amount of revolutionary spirit,” he observes. Circumventing government spies or corporate overlords may be the initial lure of Solid, but the bigger draw will be something even more appealing to hackers: freedom. In the centralized web, data is kept in silos–controlled by the companies that build them, like Facebook and Google. In the decentralized web, there are no silos.


With an ambitious decentralized platform, the father of the web hopes it’s game on for corporate tech giants like Facebook and Google.

[Photo: Flickr user gdsteam].

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Sep 30, 2018

Commonwealth Fusion stronger magnet tokomak gets billionaire funding

Posted by in categories: government, nuclear energy

Commonwealth Fusion Systems a spinout from MIT has received additional funding from Breakthrough Energy Ventures (which investment from billionaires Bill Gates, Jeff Bezos, Jack Ma, Mukesh Ambani, and Richard Branson).

Commonwealth Fusion Systems will use new superconducting materials to make far stronger magnets for a smaller Tokamak fusion system. The planned fusion experiment, called Sparc, is set to be far smaller – about 1/65th of the volume – than that of the International Thermonuclear Experimental Reactor project, an international collaboration.

Breakthrough Energy Ventures’ portfolio company @CFS_energy is building on decades of government-funded research to accelerate the path toward clean, limitless commercial fusion energy. #cleanenergy https://www.cfs.energy/

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Sep 28, 2018

Tesla without Musk at the wheel? That’s what the SEC wants

Posted by in categories: Elon Musk, government, space travel, sustainability

Can Tesla survive without Elon Musk? If he is banned from CEO or director positions or being a board member what will the impact to SpaceX be?


Tesla without Elon Musk at the wheel? To many of the electric car maker’s customers and investors that would be unthinkable. But that’s what government securities regulators now want to see.

The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla’s chairman and CEO, alleging he committed securities fraud with false statements about plans to take the company private.

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