Twitter Inc adopted a ‘poison pill’ on Friday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $43 billion bid for the company. Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in …
Read More »Elon Musk faces off with Saudi Prince over Twitter sale
The Tesla owner has questioned Saudi Arabia’s role in the tech company after the prince ‘rejects’ the proposed deal. Elon Musk has questioned Saudi Arabia’s role in Twitter Inc after Saudi Arabia’s Prince Alwaleed bin Talal tweeted his opposition to the billionaire entrepreneur’s offer to buy the social media company. …
Read More »Elon Musk offers to buy Twitter
The offer comes after Musk, who owns nine percent of Twitter’s shares, said he will not be joining the company’s board of directors. Elon Musk is offering to buy Twitter. The revelation on Thursday came just days after the Tesla CEO said he would no longer be joining the social …
Read More »Cryptoverse: 10 billion reasons bitcoin could become a reserve currency
A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the market. It’s part of a wider movement to crown bitcoin as the reserve currency of a new age. Seoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth …
Read More »Twitter says Elon Musk not joining company board
Twitter CEO Parag Agrawal says Musk, the firm’s biggest shareholder, has decided not to join its board. The CEO of Twitter has said Elon Musk will not join the board of directors of the social media giant, in a reversal less than a week after announcing that the billionaire tech …
Read More »Musk proposes Twitter Blue subscription shake-up days after disclosing 9.2% Twitter stake
Elon Musk, Twitter Inc’s biggest shareholder, on Saturday suggested a raft of changes to the social media giant’s Twitter Blue premium subscription service, including slashing its price, banning advertising, and giving an option to pay in the cryptocurrency dogecoin. Musk, who disclosed a 9.2% stake in Twitter just days ago, …
Read More »Meta suspends Facebook accounts to tackle misinformation ahead of Philippines polls
Meta Platforms Inc on Wednesday suspended a network of over 400 accounts, pages, and groups ahead of general elections in the Philippines as the Facebook parent moves to crack down on hate speech and misinformation. Concerns about online hate speech have increased as candidates and supporters increasingly turn to social …
Read More »Google is accused of systemic bias against Black employees
A lawsuit filed on Friday accuses Google of systemic racial bias against Black employees, saying the search engine company steers them to lower-level jobs, pays them less and denies them opportunities to advance because of their race. According to a complaint seeking class-action status, Google maintains a “racially biased corporate …
Read More »Ukraine claims Russia behind cyberattack in ‘hybrid war’
Ukraine said Sunday that Russia was behind a cyberattack that defaced its government websites and alleged that Russia is engaged in an increasing “hybrid war” against its neighbor. The statement from the Ministry of Digital Development came a day after Microsoft said dozens of computer systems at an unspecified number …
Read More »Massive cyberattack hits Ukrainian government websites
A massive cyber attack warning Ukrainians to “be afraid and expect the worst” hit government websites late on Thursday, leaving some websites inaccessible on Friday morning and prompting Kyiv to open an investigation. Ukraine’s foreign ministry spokesperson told Reuters it was too early to say who could be behind the …
Read More »Google Maps Helps Police Catch Italian Mafia Boss
Italian police has caught a top mafia fugitive who had been on the run for nearly 20 years thanks to the help of the Google Maps app, an investigator told Reuters on Wednesday. After a two-year investigation, Gioacchino Gammino, 61, was tracked down in Galapagar, Spain, where he lived under …
Read More »Lickable TV prototype in development that could bring food flavors into your front room
An invention by a Japanese professor could take us one step closer to a multi-sensory viewing experience. A prototype of a lickable TV, dubbed Taste the TV (TTTV), with the ability to imitate food flavors are being developed. The TV works by combining sprays from a carousel of 10 flavor …
Read More »Facial recognition: Clearview AI breaks EU data privacy rules, says French watchdog
France has threatened to fine the facial recognition company Clearview AI for unlawfully collecting citizens’ data. The French data protection watchdog (CNIL) said the American company had collected thousands of photos of French citizens without their consent. The authority has formally ordered Clearview to delete its database of images within …
Read More »Tool to predict dementia onset with 92% accuracy revealed
Artificial intelligence can now predict whether someone will develop dementia within two years, a new study claims. Researchers hope the technology will cut down on false diagnoses and help doctors catch the condition earlier. Researchers from the University of Exeter in the UK took data from more than 15,000 memory …
Read More »Brazil’s health ministry website hit by hacker attack, systems down
Brazil’s health ministry said its website was hit on Friday by a hacker attack that took several systems down, including one with information about the national immunization program and a second one used to issue digital vaccination certificates. “The health ministry reports that in the early hours of Friday it …
Read More »Amazon down for thousands worldwide
An outage at Amazon Web Services (AWS) is causing cascading problems across the internet, with numerous websites displaying a “bad gateway” error. Downdetector shows problems started shortly after 8 am Pacific time. There have been over 20,000 outage reports for the main Amazon site and 11,000 for AWS. The Downdetector …
Read More »Twitter CEO Jack Dorsey to step down
Twitter Inc Chief Executive Officer Jack Dorsey will step down from his role and Chief Technology Officer Parag Agrawal will become his successor, Twitter announced on Monday. Dorsey’s departure marks the end of his second CEO stint at the social networking site, and he leaves at a time when Twitter …
Read More »Cryptocurrency exchange Coinstore enters India despite pending curbs on trade
Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi, and Mumbai which will act as its base in …
Read More »Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles – Beijing govt
Chinese smartphone giant Xiaomi Corp (1810. HK) will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital said on Saturday. The plant will be constructed in two phases and Xiaomi will also build its auto unit’s headquarters, sales, and …
Read More »Apple files lawsuit against NSO Group
Apple Inc said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for the surveillance and targeting of Apple users with its Pegasus spyware. The iPhone maker said it is also seeking to ban NSO Group from using any Apple …
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