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Clash Of The Titans! It’s SpaceX VS Blue Origin!

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SpaceX and Blue Origin are in the race to make the best use of rockets which are a part of NASA’s suborbital reusable launch of vehicle flight contract. Yes, you heard it right! Not so long ago the idea of a man going to the moon or outer space was considered a fantasy! With the latest happenings and technology enhancements, people could now think of travelling and catching up flights to visit Mars and explore the outer space. One of the greatest news for the space travellers enthusiasts flourished, this week. Blue Origin, the reusable rocket company founded by Jeff Bezos announced that it will begin selling tickets for suborbital commercial space flights next year. According to reports, Blue Origin began to test its space vehicle successfully eight times, with the latest being on April 29, 2018. With Elon Musk revolutionizing the transport system on earth and space as well, this tech billionaire is also geared up! Space Exploration Technologies Corp., known as SpaceX is a private American aerospace manufacturer and space transportation services company headquartered in Hawthorne, California. Elon Musk led SpaceX is hitting all the headlines on future space travel, while, Jeff Bezos owned Blue Origin is catching up fast. At the AWS public sector summit, the Senior Vice President of Blue Origin, Rob Meyerson said Setting up colonies on the Moon and other planets are our primary target and we will need large payloads for surface landing. We are building the appropriate technology for that. However, Elon Musk led SpaceX has postponed its plans to send space tourists this year to circle the Moon due to technical and production challenges. SpaceX plans to start building mining, power and life support infrastructure to prepare for the first settlers that could arrive as soon as 2024. A Blue Origin Executive said the suborbital space tours will make a good market for us and our customers are very excited. Once we become the most-skilled reusable rocket company in the low-orbit, we can plan to go further, deeper into space.

There are speculations that the prices would be lower than the prices of Elon Musk SpaceX’s for carrying people to the moon in 2022. The cost of the SpaceX flight is around $ 35 million. Two people have apparently booked it, Musk didn’t say much about the two unidentified passengers. SpaceX is planning to make an uncrewed flight of its Dragon spacecraft to the space station this year and its first crewed flights are expected to happen in mid 2018. However, there are no further updates on this!

Currently, Blue Origin’s focus is on its New Shepard which is a fully reusable vertical takeoff, vertical landing (VTVL) space vehicle, consisting of a pressurised capsule atop a booster that can be reused for at least 25 times. The vehicle is named after the first American who went in space, Alan Shepard. It can carry six astronauts to spend approximately three minutes in a high quality, microgravity environment at an apogee of over 100 km.  April 30 marked the company’s first test flight of the New Shepard in 2018 and second flight of the New Shepard 2.0 spacecraft. Meyerson said Right now, we are living in a world where we need to throw away rockets within a year to ocean floors and millions of dollars go down the drain. With ‘New Shepard’, we can reuse the vehicle multiple times to significantly lower the travel cost.  

Speaking about the remarkable developments, Meyerson added space travel is a marathon, not a sprint. We are on the right track to write another chapter in the history of space travel.

However, Blue Origin isn’t the first company to go live with the tickets. Earlier, Virgin Galactic, a space flight company has booked hundreds of reservations for tickets at $ 250,000 each, while flight dates are yet to be confirmed! The story is different with Blue Origin, the company announced a policy of not taking reservations until its New Shepherd suborbital vehicle is ready for flights.

So, when are you grabbing your seat to the journey to space? Will it be SpaceX or will it be Blue Origin? Share your views in the comments section below!

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Apple Ordered to Pay €13 Billion in Back Taxes to Ireland by EU’s Top Court!

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In a significant ruling, the European Court of Justice (ECJ) has ordered Apple to repay €13 billion ($14 billion) in back taxes to Ireland, affirming a 2016 European Commission decision that Apple received illegal state aid from the Irish government. This ruling concludes a lengthy legal battle that began in 2014 when the Commission initiated an investigation into Apple’s tax practices in Ireland, where the company has its European headquarters.

Background of the Case

The European Commission’s investigation revealed that Apple benefited from two tax rulings in 1991 and 2007, which allowed the company to significantly reduce its effective tax rate in Ireland—from 1% in 2003 to just 0.005% in 2014. The Commission determined that these arrangements constituted unlawful state aid, prompting it to instruct Ireland to recover the unpaid taxes from Apple.

Legal Proceedings

Initially, in 2020, the EU General Court sided with Apple, overturning the Commission’s ruling by stating that it had not adequately proven that Apple received a selective tax advantage. However, the Commission appealed this decision, leading to the recent ECJ ruling that reinstated the original order for Apple to repay the taxes.

Apple’s Response

In response to the ruling, Apple expressed disappointment, asserting that it has always paid the taxes owed in accordance with international law and that the income in question had already been taxed in the U.S. The company maintained that the case was not about the amount of tax owed but rather about which government had the right to collect it. Apple emphasized its role as a significant taxpayer and contributor to economic growth in Europe.

Implications for Ireland and the EU

This ruling is seen as a setback for Ireland, which has positioned itself as a favorable location for multinational corporations due to its low corporate tax rates. The Irish government has contested the need for Apple to repay these taxes, arguing that such arrangements are essential for attracting foreign investment. The ECJ’s decision, however, reinforces the European Commission’s efforts to eliminate preferential tax deals that give certain companies an unfair advantage over others in the EU market.

Conclusion

The ECJ’s ruling not only marks a pivotal moment in Apple’s tax saga but also serves as a critical victory for the European Commission in its ongoing campaign against tax avoidance by multinational corporations. As the legal landscape continues to evolve, this case underscores the tensions between U.S. tech giants and European regulatory frameworks regarding taxation and competition.

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Swiggy Instamart Celebrates Ganesh Chaturthi with Free Modak Dispenser in Mumbai

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As Mumbai geared up for the grand celebration of Ganesh Chaturthi, Swiggy Instamart installed a unique modak dispenser on Carter Road to mark the auspicious occasion. The dispenser, operational on September 6th and 7th, offered 1,000 free modaks daily to passersby, dispensing approximately 142 modaks per hour.

The modak dispenser, designed to attract attention, featured an audio sensor that was triggered when a bell was rung. Within five seconds of activation, the dispenser released a single hygienically packed modak in a box. Each box contained a QR code that directed users to Swiggy Instamart’s dedicated Ganesh Chaturthi section on their platform.

Swiggy Instamart’s Ganesh Chaturthi Section

The Ganesh Chaturthi section on Swiggy Instamart offered a wide range of pooja essentials, modak-making kits, assorted modak flavors, and eco-friendly Ganesha idols. Customers could access these items through Swiggy Instamart’s quick delivery service, with items being delivered within 10 minutes.

Collaboration and Social Media Impact

The initiative, a collaboration between Swiggy, Havas Media, and Havas Media Tribes, gained significant attention on social media. The dispenser featured the Marathi phrase ‘Ghanti Vajwa, Mithai Milwa’ (ring the bell, get the sweet), adding a touch of traditional charm to the modern technology.

Swiggy Instamart’s modak dispenser not only celebrated the cultural significance of Ganesh Chaturthi but also served as a strategic promotion for their festive offerings. The initiative exemplified how brands can effectively connect with local traditions and enhance customer experience through innovative approaches.

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iPhone 16 Series Price Comparison: Where Should You Buy the New iPhone – India, US, UK, Dubai, or Vietnam?

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Apple’s recent ‘It’s Glowtime’ event introduced the highly anticipated iPhone 16 series, which includes the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Notably, despite the introduction of a more powerful processor and several cosmetic enhancements, the pricing for the new models has remained consistent with last year’s iPhone 15 lineup.

In India, the iPhone 16 starts at ₹79,900, while the iPhone 16 Plus is priced at ₹89,900. The premium models, iPhone 16 Pro and iPhone 16 Pro Max, have seen a significant price reduction, launching at ₹1,19,900 and ₹1,44,900, respectively. This marks a ₹15,000 decrease from the previous year’s models, making them more accessible to consumers.

For international buyers, the pricing structure varies significantly. The iPhone 16 is available in the United States starting at $799 (approximately ₹67,100), while the iPhone 16 Pro starts at $999 (around ₹83,896). In the UAE, the iPhone 16 is priced at AED 3,399 (approximately ₹78,000), and the iPhone 16 Pro at AED 4,299 (approximately ₹98,000).

This price comparison raises an important question for consumers: Is it more economical to purchase the iPhone 16 series in India or abroad? While the standard models (iPhone 16 and 16 Plus) are competitively priced in India, the premium models exhibit a notable price gap, with potential savings of up to 30% when purchased in the US or UAE.

As pre-orders for the iPhone 16 series begin on September 13, with official sales starting on September 20, customers are encouraged to consider various factors, including exchange rates and promotional offers, to secure the best deal on their new device.

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