Lifeboat Foundation

China’s rich aren’t sleeping well these days. As President Xi Jinping’s campaign to redistribute income gains momentum, the wealthy are on the defensive, deleting social media profiles and moving money around with an eye toward the next crackdown.

The new emphasis on protection is a shift for the upper classes, who have for years benefited from stellar economic growth and a relaxed official attitude to personal fortune. The country created a new billionaire every week in 2,021 bringing the total to more than 750 — more than India, Russia and Germany combined and just behind an estimated 830 in the U.S., according to the Bloomberg Billionaires Index.

Here’s why.

Homer Hickam is the author of Rocket Boys, the book that inspired the film October Sky. The NASA engineer reveals why he thinks the agency should focus on nuclear rockets and other ideas.

Hackers have successfully breached Apple, Google and Microsoft security measures to hack the iPhone 13 Pro, Google Chrome and Windows 10.

Deep Evolutionary Reinforcement Learning creates virtual agents that can evolve both in their physical structure and learning capacities.

With the maiden orbital flight of Starship approaching, Orbital Launch Pad A in Starbase, Texas, is being built up to launch readiness. Over a year of construction has brought the complex’s various elements to the verge of launching the most powerful rocket in history.

Assembly Timeline

Continue reading “Major elements of Starship Orbital Launch Pad in place as launch readiness draws nearer” »

Harnessing The Potential Of Star Gazers And Space Enthusiasts For Scientific Solutions To Existing Earth Crises — Ms. Bayan Mohammed Abusalameh — Inventor, Pal… See more.

Ms. Bayan Abusalameh is a 2020/2021 Chevening Scholar in Advanced Mechanical Engineering, at Queen Mary University of London (QMUL), who just finished off her Master’s Dissertation entitled “An Innovative Structural Design For a 1U CubeSat” (The Palestine-1)

Continue reading “Bayan Abusalameh — Chevening Scholar, Advanced Mechanical Engineering, Queen Mary University London” »

Quantum physicists at the University of Copenhagen are reporting an international achievement for Denmark in the field of quantum technology. By simultaneously operating multiple spin qubits on the same quantum chip, they surmounted a key obstacle on the road to the supercomputer of the future. The result bodes well for the use of semiconductor materials as a platform for solid-state quantum computers.

One of the engineering headaches in the global marathon towards a large functional quantum computer is the control of many basic memory devices – qubits – simultaneously. This is because the control of one qubit is typically negatively affected by simultaneous control pulses applied to another qubit. Now, a pair of young quantum physicists at the University of Copenhagen’s Niels Bohr Institute –PhD student, now Postdoc, Federico Fedele, 29 and Asst. Prof. Anasua Chatterjee, 32,– working in the group of Assoc. Prof. Ferdinand Kuemmeth, have managed to overcome this obstacle.

The brain of the quantum computer that scientists are attempting to build will consist of many arrays of qubits, similar to the bits on smartphone microchips. They will make up the machine’s memory.

China’s economy — the 2nd-largest in the world — is teetering on the brink of disaster.

Since this spring, Beijing has canceled initial public offerings, fined tech companies billions for antitrust violations, forcibly shut down China’s entire for-profit education industry, and sent CEOs running for the exits to avoid the government’s ire. Even more dire, the Chinese megadeveloper Evergrande recently started missing payments on its more than $300 billion in debt, shaking global markets. The convulsions have woken the world up to a startling new possibility — that Beijing may be willing to allow some of its private corporate behemoths to collapse in a bid to reshape the economic model that made China a superpower.

Continue reading “If China’s economy keeps stumbling, it won’t just take down Beijing — the whole world will collapse with it” »

A few days ago, United Nations World Food Program (WFP) director David Beasley told CNN that a small group of ultra-wealthy individuals such as Tesla and SpaceX CEO Elon Musk could help solve world hunger with just a fraction of their net worth. Musk’s net worth currently stands at $311 billion thanks to a recent rally in TSLA stock, effectively making the CEO the world’s wealthiest individual today.

While speaking at CNN’s Connect the World with Becky Anderson, Beasley called for billionaires to “step up now, on a one-time basis.” He also noted that even just 2% of Musk’s current net worth could solve world hunger. This translates to roughly about $6 billion. “$6 billion to help 42 million people that are literally going to die if we don’t reach them. It’s not complicated,” the UN WFP director said.

Musk has now responded to Beasley’s statements. While responding to a post on Twitter which highlighted that the UN World Food Program actually raised $8.4 billion in 2,020 Musk noted that if the WFP could explain exactly how $6 billion would solve world hunger, then he would be more than willing to sell some TSLA stock right now. This is a key point as most of Musk’s net worth is tied to his majority stake in Tesla. This means that for Musk to have $6 billion in cash, he’d have to sell TSLA stock, which would then be taxed.