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“Catastrophe” Bond Market Headed for Major Surge in Issuance
“Catastrophe” Bond Market Headed for Major Surge in Issuance
The market for catastrophe bonds, one of this year’s best-performing debt classes, is about to see a significant
2023-10-24 20:47
Someone could soon be killed or injured by falling satellites every two years, US official report warns
Someone could soon be killed or injured by falling satellites every two years, US official report warns
Someone could soon be at risk of dying or being injured by a falling satellite every other year, according to a new report. By 2035, if SpaceX’s Starlink space internet satellites continue to grow in number, then they some 28,000 pieces of them will be falling from the sky each year, according to a report from the Federal Aviation Authority. The chance of one surviving its fall to the ground and injuring or killing someone would be 0.6 per year, it said – which would make it likely to happen once every two years. They could even pose a risk to aircraft, it said. The probability of an aircraft being downed by a satellite would be 0.0007 per year by 2035, the report claimed. The report was commissioned amid increasing concern about falling space debris, and the vast collection of material that has been put into space in recent years. Companies such as SpaceX are launching more and more satellites each years, and experts have warned that there is a danger of collisions both in space as well as on the ground. The new report aimed to evaluate the risk posed by that falling space debris. It also suggests that some of the danger could be limited with more regulation. But it notes that the FAA does not have any power over launches that happen outside of the US. As with many of the problems in space, the world currently lacks an international approach to space debris, new satellites and the dangers that those objects might pose. The report primarily looked at the constellation of satellites that have been launched and are planned by SpaceX, for instance. The company has launched 5,000 such satellites already, and plans to increase that dramatically, and SpaceX represents over 85 per cent of the risk posed to people on the ground, the FAA’s report said. But it did not look at other networks of satellites planned in other countries. Recent reports have suggested that China is planning its own huge constellation of satellites that will also offer their own space internet, named Guowang, for example. SpaceX has said that the analysis used to calculate the number is “deeply flawed” and based on false assumptions about the danger posed by its satellites. The company’s satellites are more likely to burn up on entry than the report assumed, the company’s principal engineer David Goldstein wrote in a letter to the FAA, according to a report from Space News. Read More PlayStation announces brand new version of the PS5 ChatGPT founder says bitcoin is ‘super logical’ next step for tech Google to trial AI in UK traffic light systems to reduce stop-and-go emissions
2023-10-11 00:58
GTA 6 Trailer Coming in December
GTA 6 Trailer Coming in December
Rockstar Games confirmed the GTA 6 trailer is coming in December with the first look at Vice City and rumored female protagonist, Lucia.
2023-11-09 03:18
Thomson Reuters to buy digital content management company Imagen
Thomson Reuters to buy digital content management company Imagen
Thomson Reuters will buy Imagen, a digital content asset management company, for an undisclosed price, to expand its
2023-06-28 22:49
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista The sale of struggling Silicon Valley startup zGlue’s patents in 2021
2023-07-13 17:28
Arizona governor says state in talks with TSMC on advanced packaging
Arizona governor says state in talks with TSMC on advanced packaging
By Sarah Wu TAIPEI (Reuters) -The U.S. state of Arizona is in talks with Taiwanese chipmaker TSMC on advanced packaging,
2023-09-19 13:49
What Are FIFA 23 TOTS Award Winners Cards?
What Are FIFA 23 TOTS Award Winners Cards?
Here's everything you need to know about FIFA 23 TOTS Award Winners cards, one of the most bizarre card types in FIFA Ultimate Team history.
2023-06-10 01:55
Paige Spiranac tempts Robby Berger and followers by indulging in hot dog and Snickers bar
Paige Spiranac tempts Robby Berger and followers by indulging in hot dog and Snickers bar
Paige Spiranac and fellow influencer Robby Berger were recently seen tasting food items including a hot dog and a chocolate bar
2023-09-07 22:23
Experts unravel mystery of the Pokémon episode that hospitalised hundreds of kids
Experts unravel mystery of the Pokémon episode that hospitalised hundreds of kids
Pokémon’s TV series has been delighting animé lovers for more than 26 years, and yet, there’s one episode that even the most diehard of fans may well have missed. The installment, titled Dennō Senshi Porygon (which roughly translates as "Computer Warrior Porygon”) aired in Japan on December 16, 1997. And, after that single, fateful outing, it was never to grace television screens again. The reason for the ban? Reports of a strange health outbreak among children which was linked to a specific scene. The episode follows Ash Ketchum, Pikachu and their pals as they investigate a faulty Poké Ball transfer machine by getting inside it. Once there, the team come under attack, but are saved when Pikachu unleashes one of his high-octane electric outbursts – represented by a barrage of red and blue strobe lights. And that’s where the trouble began. According to scientific paranormal investigator Benjamin Radford and sociologist Robert Bartholomew, who dedicated a study to the event: "At 6:51 PM, the flashing lights of Pikachu's 'attack' appeared on television screens. “By 7:30 PM, according to Japan's Fire-Defense Agency, 618 children had been taken to hospitals complaining of various symptoms." These symptoms included convulsions, nausea and vomiting, with news of the “illness” spreading rapidly throughout the country. Inevitably, it made headlines, with several news broadcasters replaying the offending clip, “whereupon even more children fell ill and sought medical attention,” Radford and Bartholomew wrote. The following day, TV Tokyo issued an apology, suspended the show, and announced an investigation into the cause of the seizures. Meanwhile, video retailers pulled the series from their shelves, and even the then-prime minister Ryuaro Hashimoto expressed concern at the use of rays and lasers in the popular cartoon. Within two days, the number of children reported to have been affected by the flashing sequence increased to around 12,700. And yet, after four months of investigation – with input from health experts and Japanese government officials – no obvious cause could be found for the outbreak and Pokémon returned to the airwaves. Because, although the bright flashes were assumed to be the cause of the health panic, such visual techniques had been used in numerous other animé episodes before, with no reports of any problems. So what was going on here? Well, a tiny fraction of the children who reported being affected were diagnosed with photosensitive epilepsy, with experts concluding that the rapid colour changes during the scene caused them to suffer seizures. However, the bulk of “patients” reported symptoms that had no identifiable “organic” cause and were, instead, consistent with a very different type of condition… Mass hysteria. Radford and Bartholomew attribute this “epidemic hysteria”, in large part, to the mass media, which they say fuelled panic and misinformation. "Many of the children's symptoms had no identifiable organic basis; other than the verified cases of seizures, the symptoms reported were minor and short-lived; the victims were nearly exclusively school children in early adolescence; and anxiety from dramatic media reports of the first wave of illness reports was evident,” they wrote. “Media reports and publicity fuel the hysteria as news of the affliction spreads, planting the idea or concern in the community while reinforcing and validating the veracity of the illness for the initial victims,” they continued. “According to news accounts of the time, the number of children said to be affected remained around 700 the evening of the Pokémon episode and the next day. “The next morning, the episode dominated the Japanese news. Japanese children who had not heard about their peers from the news or from their parents learned of it that morning when the seizures ‘were the talk of the schoolyards’,” they continued. “Once the children had a chance to hear panicky accounts of what had happened through the mass media, their friends and their schools, the number of children reported the next day to have been initially affected – 2 days earlier – increased by 12,000.” Radford and Bartholomew ended their paper by noting that this Pokémon drama offers a warning to us all. They pointed out that our continuing reliance on mass communications, especially TV and the internet, places us at risk of more and more hysteria outbreaks. “Technological innovations are occurring at unprecedented rates and have the potential to influence significant numbers of people beyond the typical number in traditional mass hysteria episodes,” they stressed. “Epidemic hysterias that in earlier periods were self-limited by geography now have free and wide access to the globe in seconds.” Concluding on an ominous note, they added: “The Pokémon illness symptoms are without precedence, given the large numbers affected, and may be a harbinger of future technological hysterias that have the capacity to affect unprecedented numbers of people at a phenomenal speed.” Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-10-18 17:18
The best cheap VPNs in June 2023
The best cheap VPNs in June 2023
The best VPNs aren't necessarily the most expensive. Some of the best VPNs are actually
2023-06-02 20:49
Generation AI: education reluctantly embraces the bots
Generation AI: education reluctantly embraces the bots
By Barbara Lewis and Supantha Mukherjee LONDON/STOCKHOLM At leading Swedish university Lund, teachers decide which students can use
2023-09-07 16:49
How to watch Wimbledon online for free from anywhere in the world
How to watch Wimbledon online for free from anywhere in the world
SAVE 49%: Livestream Wimbledon for free with ExpressVPN. A one-year subscription to ExpressVPN is on
2023-06-26 12:17