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Twitter confirmed that it has received Tesla CEO Elon Musk's letter for the buyout deal and said it "intends to close the transaction at $54.20 per share", the same price he agreed to in April. Musk's lawyers added that they'll proceed with the agreement if Delaware Chancery Court will "adjourn the trial and other proceedings related to the ongoing lawsuit".
short by Ridham Gambhir / 08:23 am on 05 Oct
EU passes law for a single charger for all smartphones from 2024
short by Pragya Swastik / on 04 Oct 2022,Tuesday
The European Parliament on Tuesday approved new rules to have a single charging port, USB-C, for all smartphones, tablets and cameras by 2024. The move is expected to affect Apple more than its rivals, as it will be forced to change its charging port for iPhones. The rule also covers e-readers and earbuds.
short by Pragya Swastik / 04:45 pm on 04 Oct
Tesla CEO Elon Musk's text messages with his ex-wife and actress Talulah Riley regarding Twitter have also become public. In one of the messages dated March 23, Talulah wrote to Musk, "Can you buy Twitter and then delete it, please!?" In another, she wrote, "Please do something to fight woke-ism...I will do anything to help! xx."
short by Ridham Gambhir / 10:49 am on 05 Oct
A B.Tech graduate said he's working as a daily-wage labourer at a construction site for ₹300 per day after Wipro delayed the onboarding of freshers. "[My family is] questioning if the job ever existed," he told Moneycontrol. "I had two more offer letters...I dropped those," another graduate, who received an offer letter from Wipro but hasn't been onboarded yet, said.
short by Hiral Goyal / 12:47 pm on 04 Oct
5G not working on iPhones yet because Apple has to open it: Airtel CTO
short by Pragya Swastik / on 04 Oct 2022,Tuesday
Airtel CTO Randeep Sekhon has said that 5G on iPhones is not working yet because Apple has to open it. "They are promising to open it soon," he added. Sekhon said that Airtel won't be sending an over-the-air update to make 5G work on smartphones. Instead, the mobile handset manufacturer needs to push out the software update to enable 5G.
short by Pragya Swastik / 04:21 pm on 04 Oct
SpaceX spent $80 million out of its pocket for Ukraine, $0 for Russia: Musk
short by Aishwarya Awasthi / on 04 Oct 2022,Tuesday
Elon Musk has said that SpaceX's out-of-pocket cost to support Ukraine has been $80 million so far. "Our support for Russia is $0. Obviously, we are pro Ukraine," he added. His tweet came after Ukrainian President Volodymyr Zelenskyy took a poll asking people which Musk they like more, the one who supports Ukraine or the one who supports Russia.
short by Aishwarya Awasthi / 07:58 am on 04 Oct
Indian online payments gateway BillDesk is preparing to sue PayU-parent Prosus after it terminated a $4.7-billion acquisition deal, Moneycontrol reported. The deal, which was set to be Indian fintech sector's largest acquisition, was terminated on Monday, nearly a month after CCI approved it. PayU's executives in India were reportedly informed of the termination hours before the announcement.
short by Ashley Paul / 10:53 pm on 04 Oct
In an interview, Melinda French Gates spoke about working with Bill Gates amid their divorce. She said, "Even though I might be crying at 9 am and then have to be on a videoconference at 10 am with the person I'm leaving, I [had] to show up and be my best...I learned as a leader that I could do it."
short by Ridham Gambhir / 09:28 am on 05 Oct
Melinda French Gates in an interview spoke about her "unbelievably painful" divorce with ex-husband Bill. She said, "I had some reasons I just couldn't stay in that marriage anymore…But the odd thing about COVID is that it gave me the privacy to do what I needed to do." They announced their divorce in May 2021, after 27 years of marriage.
short by Ridham Gambhir / 09:51 am on 05 Oct
'Has 5G been launched to the public?': Paytm CEO to Airtel
short by Pragya Swastik / on 04 Oct 2022,Tuesday
Paytm CEO Vijay Shekhar Sharma on Tuesday took to Twitter to enquire about Airtel's 5G network availability. He tweeted, "How to activate 5G on an @airtelindia SIM? Has it been launched to the public?" Airtel responded, "We're ready to launch Airtel 5G services from October 2022. By December, we will have coverage in all key metros."
short by Pragya Swastik / 04:39 pm on 04 Oct
Reliance Jio has announced that it will begin a beta trial of its 5G services in Delhi, Mumbai, Kolkata and Varanasi from October 5, 2022. Jio will allow users to experience 5G speeds of up to 1Gbps in these regions. The telecom operator said that it will conduct more 5G trials in other regions "as cities keep getting ready".
short by Pragya Swastik / 07:20 pm on 04 Oct
The world's richest man and Tesla's CEO Elon Musk is proposing to buy Twitter at $54.20 a share, the original price he proposed for its acquisition, Bloomberg reported. Twitter shares jumped over 12% on the news, after trading was briefly halted. This comes ahead of Musk and Twitter set to enter the courtroom over Musk backing out of the deal.
short by Pragya Swastik / 10:15 pm on 04 Oct
Buying Twitter is an accelerant to creating X, the everything app: Musk
short by Ridham Gambhir / on 05 Oct 2022,Wednesday
The world's richest person Elon Musk has proposed to proceed with his original offer of $44 billion to acquire Twitter. Soon after, Musk tweeted, "Buying Twitter is an accelerant to creating X, the everything app." While he didn't explain what 'X app' could entail, he added, "Twitter probably accelerates X by 3 to 5 years, but I could be wrong."
short by Ridham Gambhir / 08:42 am on 05 Oct
After posting its first-ever edited tweet, Twitter on Monday through its Twitter Blue account announced that the 'Edit Tweet' option has been launched for Blue subscribers in Canada, Australia, and New Zealand. Twitter Blue users can now edit a posted tweet five times for up to 30 minutes and the history of the edits will also display under the tweet.
short by Ridham Gambhir / 12:10 pm on 04 Oct
VideoLAN, a non-profit that operates VLC media player, has sent a legal notice to IT Ministry and Department of Telecommunications months after its website with the link to download VLC was blocked by the government. In the notice, VideoLAN demanded a copy of blocking order issued for banning the URL and an opportunity to defend its case through a hearing.
short by Hiral Goyal / 03:00 pm on 04 Oct
Meta is reportedly closing one of its New York offices amid its plans to scale down its expansion in the city. The lease for 225 Park Avenue South office in Manhattan has reportedly been terminated. A Meta spokesperson said the move is aimed at making "focused investments". Earlier, Meta said it will freeze hiring and restructure teams to cut expenses.
short by Ridham Gambhir / 02:25 pm on 04 Oct
Wipro asks employees to come to office at least 3 days a week
short by Pragya Swastik / on 04 Oct 2022,Tuesday
Wipro's India offices will be open on Mondays, Tuesdays, Thursdays, and Fridays from October 10. The IT major said that it encourages employees to work from the office on at least three of these four days, Moneycontrol reported citing an e-mail from Wipro. "This will help us enjoy the camaraderie and team spirit of connecting in person," Wipro said.
short by Pragya Swastik / 06:48 pm on 04 Oct
According to a telecom ministry spokesperson, the government has approved ₹26,000 crore for installation of 25,000 mobile towers in 500 days. The spokesperson added that financial support for the project will be provided by Universal Services Obligation Fund. The project was announced by Telecom Minister Ashwini Vaishnaw at the recent 'Digital India Conference of State IT Ministers'.
short by Ambarish Awale / 07:46 pm on 04 Oct
India exports iPhones worth $1 billion in 5 months: Report
short by Aishwarya Awasthi / on 04 Oct 2022,Tuesday
The value of iPhones exported from India crossed $1 billion from April to August, Bloomberg reported citing sources. The shipments from India, mainly to Europe and the Middle East, are expected to hit $2.5 billion in the 12 months through March 2023. About three million iPhones were made in India last year, compared with 230 million in China.
short by Aishwarya Awasthi / 02:40 pm on 04 Oct
TikTok tracks users even if they don't use the app: Report
short by Ashley Paul / on 04 Oct 2022,Tuesday
TikTok tracks people across the web even if they're not users of the app, The Independent reported citing a report by nonprofit organisation Consumer Reports. TikTok receives information including a person's IP address, web browsing habits and search history. The data "isn't used to group individuals into particular interest categories for other advertisers to target", a TikTok spokesperson said.
short by Ashley Paul / 09:51 pm on 04 Oct
UPI payments cross ₹11-lakh-crore mark in September 2022
short by Ashley Paul / on 04 Oct 2022,Tuesday
Payments made through Unified Payments Interface (UPI) crossed the ₹11-lakh-crore mark in September 2022, as per National Payments Corporation of India's data. In September, 678 crore transactions, in volume terms, were carried out. As many as 657.9 crore transactions worth ₹10.72 lakh crore had taken place in August, up from 628.8 crore transactions worth ₹10.62 lakh crore in July.
short by Ashley Paul / 07:51 pm on 04 Oct
Google selects 20 Indian startups for women-focused accelerator
short by Anisha Joneja / on 04 Oct 2022,Tuesday
Google India selected 20 startups for the first cohort of its 'Google for Startups Accelerator-India Women Founders'. "This programme is part of a larger effort by Google towards improving representation of women across different sections of India's digitally-trained workforce," Google said. The curriculum has workshops on AI/ML, Cloud, UX, Android, Web, product strategy and growth, Google added.
short by Anisha Joneja / 06:01 pm on 04 Oct
TikTok fined $50,000 by Russian court for not deleting LGBT content
short by Anisha Joneja / on 04 Oct 2022,Tuesday
A Russian court fined TikTok $50,000 for refusing to delete content that violates Russian law against spreading "LGBT propaganda". According to a report, representative of the social media platform insisted that proceedings be terminated. Amazon-owned Twitch was fined $68,000 for hosting an interview of Oleksiy Arestovych, who is an advisor to Ukrainian President Volodymyr Zelenskyy.
short by Anisha Joneja / 05:56 pm on 04 Oct
A Russian court on Tuesday fined Amazon's Twitch four million roubles ($68,000) for failing to remove an interview with Ukrainian President Volodymyr Zelenskyy's advisor, Interfax reported. Russian authorities said the interview violated the country's laws on spread of fake information. Twitch was fined 3 million roubles ($51,000) earlier this year for hosting another interview with the advisor.
short by Ashley Paul / 04:40 pm on 04 Oct
US chipmaker NVIDIA ceases operations in Russia amid Ukraine war
short by Purnima Rajput / on 04 Oct 2022,Tuesday
As Russian invasion of Ukraine continues, US-based chipmaker NVIDIA has said it is ceasing all operations in Russia. The company will give its employees in Russia the option of continuing work in other countries. The chipmaker said it had maintained its office in Russia to support employees and their families but can no longer operate in light of recent developments.
short by Purnima Rajput / 01:08 pm on 04 Oct
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