Current Affairs in Short: May 15 2023

IBM & NASA Joint Venture for New Geospatial Model

• The International Business Machines Corporation (IBM) and the National Aeronautics and Space Administration (NASA) will work together to design a new Geospatial Foundation Model.
• This GIS model will help in locating information regarding agriculture, geographical dimensions, infrastructure, etc. 
• It will convert satellite data into detailed maps or images of floods, fires, etc. This collaboration aims to interpret various Earth processes. 

Elon Musk Announces His Replacement at Twitter

• Business Magnate Elon Musk confirmed Linda Yaccarino as the new Chief Executive Officer (CEO) of Twitter.
• She will start her new role at the largest microblogging platform within 6 weeks. Her work will be mainly focused on business operations.
• Linda is the former Chairman of Global Advertising and Partnerships at NBCUniversal. She will build Twitter 2.0 and bring advancement to the business. 

India-EU Trade & Technology Council Tomorrow

• The first ministerial meeting of the India-European Union Trade and Technology Council (TTC) is going to be conducted in Brussels on May 16 (Tuesday).
• Commerce Minister Piyush Goyal, Foreign Minister S. Jaishankar and IT Minister Rajeev Chandrasekhar will attend the conference. Valdis Dombrovskis and Margrethe Vestager will also be present from the other side. 
• Through this step, cooperation will be enhanced in strategic technologies, clean energy, digital connectivity and trade and investments. 

Hockey Haryana Titled Winner of India Hockey Championship 2023

• At the 13th Hockey India Sub Junior Women National Championship 2023, the Hockey Haryana team was declared the winner.
• In the finals, Hockey Jharkhand and Hockey Uttar Pradesh came in the second and third positions at Birsa Munda Hockey Stadium, Odisha.
• The tournament continued for 11 days in which 28 teams participated and stellar performances were seen by the female players. 

Netherlands Declared India’s 3rd Largest Exporter

• The Netherlands emerged as the third-largest exporting platform in India. US and UAE stand at the top 2 in trading various kinds of goods.
• India’s exports increased by 48 per cent to USD 18.52 billion in the last 2 years as compared to 2021.
• The Netherlands is also a hub for Europe having effective connectivity and is a major investor in India. After this, the top trading partners of India are Germany, Switzerland, the UK and Belgium respectively. 

Also Read: Current Affairs in Short: May 12 2023