Tag: enlists

TikTok Enlists Oracle to Evade Trump’s Executive Order | Business

A proposal to avoid the banning of the popular social media app TikTok was submitted to the U.S. Treasury Department over the weekend.

The plan submitted by ByteDance, which owns TikTok, calls for the company to enlist Oracle as a “trusted technology provider” in order to address national security concerns raised about the video-sharing software by the Trump administration.

In August, President Trump issued an executive order barring U.S. businesses from doing business with ByteDance after Sept. 15.

Although details of the deal haven’t been released, it’s been reported that Oracle will be handling the data for TikTok’s 100 million American users. How much of the operations side of the business will remain with ByteDance remains unclear.

“This is real win for ByteDance,” said Jack E. Gold, founder and principal analyst of J.Gold Associates in Northborough, Mass.

“ByteDance thought it was going to have to sell TikTok or they were

Read More

NASA Enlists Commercial Partners to Fly 10 Science and Technology Payloads to the Moon

Commercial Lunar Lander

Commercial landers will carry NASA-provided science and technology payloads to the lunar surface, paving the way for NASA astronauts to land on the Moon by 2024. Credit: NASA

NASA has issued another request to its 14 Commercial Lunar Payload Services (CLPS) partners to bid on flying a suite of payloads to the Moon. The request asks partners to fly 10 NASA science investigations and technology demonstrations to a non-polar region of the Moon in 2022.

Through the CLPS initiative, NASA taps its commercial partners to quickly land scientific instruments and technology demonstrations on the Moon. The initiative is a key part of NASA’s Artemis program. The science and technology payloads will help lay the foundation for human missions to the lunar surface. A provider will be selected by the end of the year, making it the sixth surface task award.

The payloads, collectively expected to

Read More

X-Ray Startup Enlists SK Hynix to Disrupt Century-Old Market

(Bloomberg) — Nano-X Imaging Ltd., a startup founded by Israeli investor Ran Poliakine, is joining forces with South Korean chipmaker SK Hynix Inc. to build a machine that could disrupt a century-old X-ray industry.

Valued at about $2 billion after listing on Nasdaq last month, Nano-X is seeking to transform a multi-billion-dollar industry that has essentially relied on the same technology since Nobel prize winner Wilhelm Roentgen discovered X-rays in the late-19th century. Nano-X’s device uses semiconductors instead of metal filaments to generate X-rays.

The backing of SK Hynix, the world’s second largest maker of memory chips, is a boost for an eight-year-old outfit that hasn’t quite established its tech bona fides yet. It also reflects growing technology cooperation between Israel and South Korea, two nations that have helped shape the global economy by advancing innovations and taking big risks.

Nano-X stock has more than doubled in the weeks since

Read More

Lockheed Martin enlists Tyvak and Telesat for Space Development Agency contract

Lockheed Martin’s satellites for the SDA will be about 150 to 200 kilograms and will use Tyvak’s Mavericks platform

WASHINGTON — Lockheed Martin will build 10 satellites for the Pentagon’s Space Development Agency using small buses from Tyvak Nano-Satellite Systems. The company also has enlisted Canadian satellite operator Telesat to provide technical advice.

Lockheed Martin and York Space Systems were selected by the SDA to each produce 10 satellites that will be part of a mesh network in low Earth orbit known as Transport Layer Tranche 0.

Eric Brown, Lockheed Martin’s director of military space mission strategy, told SpaceNews that the satellites will be about 150 to 200 kilograms and will use Tyvak’s Mavericks platform.

“We got a very strong offer from Tyvak,” he said. “We are designing for production, to generate volume.”

SDA is buying 20 satellites to launch in 2022 but plans to deploy hundreds more in the

Read More