Japanese Lunar exploration firm, iSpace has on Wednesday announced that it will be transporting an unmanned rover belonging to the United Arab Emirate (UAE) to the moon next year. The Gulf State earlier announced the planned launch of the “Rashid” Rover in September, indicating an expansion in their space sector also said the rover was scheduled for 2024. The rover "will be transported to the Moon on iSpace’s lunar lander" during a mission in 2022, ISpace said, adding that it "will deliver the Emirates lunar mission's 'Rashid' rover to the Moon, provide wired communication and power during the cruise phase, and engage in wireless communication on the lunar surface".
Finnish multinational information technology company, Nokia has on Thursday disclosed that it has signed a deal with Samsung to license patents covering its innovations in video standards. The deal means Nokia is giving Samsung ownership of its inventions for a given period of time Patent, allowing Samsung to either use or sell the inventions exclusively or non-exclusively. Nokia’s patent portfolio is composed of around 20,000 families, including over 3,500 essential to the 5G network technology.
Reuters, reports that Nokia rival, Ericsson had earlier filed a lawsuit in the U.S against Samsung, claiming the South Korean company had infringed some of its patents in the 4G and 5G systems.
South Korean multinational electronic corporation, LG Corp has on Monday announced that it will be closing down its mobile division, withdrawing completely from the smartphone market. This move to close down LG’s mobile division was after it failed to find a buyer for the loss-making smartphone division. According to Reuters, the South Korean company said the smartphone division has recorded a total loss of about $4.5 billion in nearly 6 years. The division has “failed to produce results” amid “intensifying price competition among major competitors in the entry-level mobile phone market”, the company said in a statement.
The price of Bitcoin, a popular cryptocurrency rose to an all-time high by 25.13 percent at $60,310.47 on Saturday. Bitcoin’s price soared after major global companies like Tesla Inc, Mastercard Inc, among others backed and invested in cryptocurrencies.
The most popular digital currency recorded a low of $56,065.07 and got to a high of $59,983.60 before reaching $60,000.