Nwov Drivers are stuck in limbo as world s oil supply reshuffles
OneWeb has shifted the debut launch for its satellite megaconstellation to the fourth quarter of the year.The startup s first launch of 10 satellites aboa
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rd an Arianespace Soyuz rocket w
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as scheduled for this month, but was pushed out toward the end of the year to allow for more testing and to incorporate impr
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oved components in the final spacecraft design. Our production launches will start in Q4, Greg Wyler, OneWeb s founder, told SpaceNews. We decided to continue with more ground testing and then go right into production because we can test virtually everything we need on the ground. OneWeb is building the first 900 satellites of its constellation through a joint venture with Airbus called OneWeb Satellites. Wyler said the decision to delay was based on which component revisions were available. Backed by SoftBank, Intelsat, Coca-Cola and other investors, OneWeb is creating a constellation of small telecom satellites with the goal of making the internet accessible to everyone on Ea Esyx AP Top Entertainment News at 6:27 p.m. EST
By KEN SWEETAP Business WriterNEW YORK AP 鈥?Over the past few years, a number of companies have
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attempted to act as the cryptocurrency equivalent of a bank, promising lucrative returns to customers who deposited their bitcoin or other digital assets.In a span of less than 12 months, nearly all of the biggest of those companies have failed spectacularly. Last week, Genesis filed Chapter 11, joining Voyager Digital, Celsius and BlockFi on the list of companies that have either filed for bankruptcy protection or gone out of business.This subset of the industry grew as cryptocurrency enthusiasts were looking to build their own parallel world in finance untethered to tr
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aditional
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banking and government-issued currencies. But lacking safeguards, and without a government backstop, these companies failed in domino-like fashion. What started with one crypto company collapsing in May spilled over onto one crypto lending firm and then the next.Further, government regulators started clamping down