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Jeff Bezos set to go to space

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Billionaire Jeff Bezos is set to board a space flight with his company, Blue Origin.

The flight will take off on July 20th, just 15 days after he is set to resign as CEO of Amazon.

It will also be somewhat special, with Blue Origin revealing Bezos’ younger brother, Mark Bezos, will also join the flight.

“What a remarkable opportunity, not only to have this adventure but to do it with my best friend.”

Mark Bezos Said About Flying To The Moon With His Brother

Bezos, 57, said in a Monday morning Instagram post. “On July 20th, I will take that journey with my brother. The greatest adventure, with my best friend.”

Battle of the billionaires

ELON MUSK SPACE-X

Blue Origin is a distant second in the public eye to Elon Musk’s SpaceX, but this appears to be one space race Bezos is likely to win.

If all goes according to plan, Bezos will be the first of the billionaire space tycoons to experience a ride aboard the rocket technology that he’s poured millions into developing.

The Amazon CEO announced Blue Origin will launch its new Sheppard rocket and capsule in July.

The interior of the New Shepard crew capsule, which will carry people for the first time on a July 20 launch

New Shepard is designed to carry as many as six people at a time on a ride past the edge of space, with the capsules on previous test flights reaching an altitude of more than 340,000 feet.

The Sheppard’s flights are “sub-orbital” meaning they will take passengers on a short trip into space and back down to earth.

The company says “only 569 people have ever been over the so-called Kármán Line in space… and it wants to change this and change it dramatically”

SpaceX also plans to launch people into space by Autumn this year. 

So the battle between the billionaires to turn their rockets to riches continues on.

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Decentralisation is positioned to redefine internet infrastructure

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Depin technology is empowering users, allowing individuals to own, store, and curate their own data.

Depin is redefining how the internet operates by decentralising physical infrastructure, enabling users to own, store, and control their data.

This groundbreaking approach utilises decentralised nodes to enhance speed, security, and resilience while reducing dependence on centralised providers.

The technology offers a user-powered network that removes the vulnerabilities inherent in traditional centralised systems, addressing issues like outages and censorship.

By creating a decentralised ecosystem with over 13,500 nodes globally, it builds a more robust and accessible internet experience.

The concept borrows principles from blockchain and cryptocurrencies, enabling individuals to participate directly in network management.

CEO and co-founder of Influx Technologies, Daniel Keller, joins to discuss the transformative data technology.

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US allocates $1.5 billion for GlobalFoundries chip expansion

US finalizes $1.5 billion chip subsidy for GlobalFoundries to boost production in New York and Vermont amid broader $52.7 billion initiative.

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The U.S. Commerce Department has finalised a $1.5 billion subsidy for GlobalFoundries to expand semiconductor production in New York and Vermont.

 

 

This contract follows a preliminary award revealed in February, tied to GlobalFoundries’ commitment to invest $13 billion in U.S. manufacturing over the next decade.

The expansion will enhance GlobalFoundries’ facility in Malta, New York, incorporating advanced technologies used in its Singapore and German sites. This upgrade will enable the production of chips primarily for the automotive industry.

New York state will contribute an additional $550 million for the project. GlobalFoundries also plans to establish a new fabrication plant in Malta to produce chips catering to automotive, AI, aerospace, and defence markets.

GlobalFoundries CEO Thomas Caulfield emphasised the importance of these chips for U.S. economic stability, supply chains, and national security. He stated the funding is essential for meeting customer needs for American-made chips.

This award is part of the broader “Chips and Science” program, which has allocated $52.7 billion for semiconductor projects. Recently, a $6.6 billion subsidy was awarded to Taiwan Semiconductor Manufacturing Company’s U.S. operations.

Other significant allocations include $6.4 billion for Samsung in Texas, $8.5 billion for Intel, and $6.1 billion for Micron Technology.

On another note, GlobalFoundries faced a $500,000 penalty for unauthorised chip shipments to a Chinese affiliate, for which they expressed regret.

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Instagram introduces feature to reset content recommendations

Instagram introduces feature to reset content recommendations, allowing users to refresh algorithmic feeds in just a few clicks.

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Instagram will soon allow users to reset their personalized content recommendations entirely.

 

 

This new feature is set to roll out globally, providing users a way to clear algorithmic content in Feeds, Explore, and Reels.

Meta, Instagram’s parent company, emphasizes its commitment to creating safe experiences on the platform, particularly for teen users.

The aim is to help users, especially younger ones, adjust their Instagram experience to better reflect their changing interests.

Users can clear their recommendations in just a few taps, allowing the algorithm to start personalizing content anew based on future interactions.

Additionally, before resetting, users will have the option to review their current accounts and decide on unfollowing accounts, aiding in the formation of new recommendations.

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