NEW YORK: Sears Holdings Corp., the 125-year-old retailer that became an icon for generations of American shoppers, filed for bankruptcy, saddled with billions of dollars of debt racked up as it struggled to adjust to the rapid shift toward online consumption.
China has successfully launched another two satellites that will be part of its native BeiDou Navigation Satellite System (BDS) – the country’s competitor to the American GPS system. The satellites will bolster China’s ambitious Space Silk Road project – the country’s programme to boost its global revenue from positioning and navigation systems. Some footage of the launch via OurSpace https://t.co/o1HHTNVwlf pic.twitter.com/LwgxeYT7ju — Andrew Jones (@AJ_FI) October 15, 2018 The launch was significant for multiple reasons. First, the BeiDou Navigation Satellite System was built with China’s requirements for national security, and socioeconomic development in mind. The BDS reportedly provides a positioning… This story continues at The Next Web