A history of hacks This scenario played out in 1998 when hackers took control of the U.S.-German ROSAT X-ray satellite. They did it by hacking into computers at the Goddard Space Flight Center in Maryland. The hackers then instructed the satellite to aim its solar panels directly at the sun. This effectively fried its batteries and rendered the satellite useless. The defunct satellite eventually crashed back to earth in 2011. Hackers could also hold satellites for ransom, as happened in 1999 when hackers took control of the U.K.’s SkyNet satellites. … [Read more...] about What happens when all the tiny satellites we’re shooting into space get hacked?
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And that, in turn, might lead us to yet another wireless merger. “There is an excellent chance that a cable company or a consortium of cable companies will purchase Dish’s nascent network,” says Moore. Bottom line: A wireless-industry consolidation sold as bringing competition to Big Cable could lead to Big Cable owning a chunk of the wireless industry. … [Read more...] about The Sprint/T-Mobile merger has some real upsides—and plenty of unknowns
Since 2010, the government has been opening up spectrum on certain frequencies to telecom operators. In FY16, with many of the players in debt, and facing competition, the government raised Rs 65,789.12 crore in revenue, falling short of its estimation. This figure paled in comparison to the Rs 1.1 lakh crore takings from the last auction held in March 2015. … [Read more...] about Telecom is in a mess, now. Here’s why
How was its origin?Before the advent of Demat Account, shares and stocks used to be exchanged in physical format, called receipts or certificates. There was lengthy paperwork involved and a lot of time consumption. To save on time and paperwork and the inconvenience of storing and carrying them, in 1996, the process of dematerialisation (Demat) of shares was initiated. By that time the electronic trading platform has already gained traction in West and other Asian Markets. To begin with, physical share papers were converted into electronic form securities of equivalent number and price and credited to the investor’s Demat account. In India, Free Demat account service is provided by depositories such as NSDL and CDSL through intermediaries / Depository Participant / Stock Broker such as ICICI Direct, HDFC Bank, Angel Broking, Clear Tax, Karvy etc. … [Read more...] about Demat account: Meaning, how to open demat account, facilities and benefits