Sunday, 24 Nov, 2024

Tech

Elon Musk’s $21 billion mystery: Where will Tesla CEO get cash for Twitter?

Elon Musk and Twitter Inc. reached an agreement for the world’s richest man to buy the social networking platform for $44 billion, resolving the pressing question of whether the company’s board would consent to the leveraged buyout deal. On Elon Musk’s side, though,

Elon Musk strikes deal to buy Twitter for $44bn

The board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Mr Musk, who made the shock bid less than two weeks ago, said Twitter had "tremendous potential" that he would unlock. He also called for a series of changes from

Twitter board meets Musk to discuss bid, reports say

Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform. After the Tesla boss first revealed his bid, Twitter's management announced a so-called "poison pill" strategy to fend off a

Google tops ranking of S'pore's best employers for 2nd straight year

Even as competition for talent remains tight, tech giant Google has topped a ranking of Singapore's best employers for the second year in a row. The Economic Development Board (EDB) came in second, the first government agency to place in the top 10 in the three years the study has

Chinese astronauts return after 183 days in space

Three Chinese astronauts landed in northern China on Saturday (April 16) after 183 days in space, state broadcaster CCTV said, ending the country’s longest crewed space mission to date. The Shenzhou-13 spacecraft is the latest mission in Beijing’s drive to become a major

Elon Musk will not join Twitter board

Elon Musk has decided not to join the board of Twitter, the company's chief executive Parag Agrawal says. Mr Musk's appointment was due to become effective on Saturday after revealing last week that he had bought a 9.2% stake in the social media platform. However, Mr Agrawal

Bangladesh reports no deaths, 102 Covid cases in 24-hr

Bangladesh on Friday (March 25) reported no deaths from Covid-19 in the last 24 hours, the Directorate General of Health Services (DGHS) said. The official data showed a total of 29,118 people in the country have died due to the disease since the start of the pandemic on March 8, 2020.

'Kill more': Facebook fails to detect hate against Rohingya

A new report has found that Facebook failed to detect blatant hate speech and calls to violence against Myanmar’s Rohingya Muslim minority years after such behavior was found to have played a determining role in the genocide against them. The report shared exclusively with The

Apple to halt sales and limit services in Russia

Apple has become the latest major firm to halt all product sales in Russia, in a widening corporate backlash to the country's invasion of Ukraine. The iPhone giant said it was "deeply concerned" about the Russian invasion and stands with those "suffering as a result

Ukraine invasion: Russia restricts access to Facebook

Russia has limited access to Facebook over the platform's stance on the accounts of several Moscow-backed news outlets amid the invasion of Ukraine. Russia's communications regulator Roskomnadzor accused the network of "censorship" and violating "the rights and

UK keen to collaborate with Bangladesh ICT sector

The United Kingdom (UK) is keen to collaborate with Bangladesh for the development of its Information and Communications Technology (ICT) sector.  It was said at a meeting of British High Commissioner to Bangladesh Robert Chatterton Dickson with the Executive Council of Bangladesh

Webinar on Online teaching and learning: ‘Retrospect and Expectations' held 

A webinar on Online teaching and learning: ‘Retrospect and Expectations' was organized by The Monthly Techworld Bangladesh in associate with of WhiteShell (The MSI product Distributor of Bangladesh) and the Canadian University of Bangladesh that held on Saturday (Feb 12) on the

Billionaire launches criminal case against Facebook 

An Australian billionaire has launched a criminal case against Facebook, alleging the company failed to prevent scam ads that used his image. Andrew Forrest argues Facebook breached Australian anti-money laundering laws over the spread of cryptocurrency cons. He said it was the

North Korea missile tests: Photos from space released

North Korea has released photographs which it said were taken from its most powerful missile launch in five years. The unusual pictures taken from space show parts of the Korean peninsula and surrounding areas. Pyongyang confirmed on Monday it had tested a Hwasong-12 intermediate

Sony slides on Microsoft-Activision Blizzard tie-up plan

Shares in Japanese technology giant Sony have slumped in Tokyo trade after Microsoft said it plans to buy mega games company Activision Blizzard. The deal worth $68.7bn (£50.5bn), would be Microsoft's biggest ever buyout and the largest deal in gaming history. It would see

Wealth of world's 10 richest men doubled in pandemic: Oxfam 

The pandemic has made the world's wealthiest far richer but has led to more people living in poverty, according to the charity Oxfam. Lower incomes for the world's poorest contributed to the death of 21,000 people each day, its report claims. But the world's 10 richest

Lawsuit: Google, Facebook CEOs colluded in online ad sales

Newly unredacted documents from a state-led antitrust lawsuit against Google accuse the search giant of colluding with rival Facebook to manipulate online advertising sales. The CEOs of both companies were aware of the deal and signed off on it, the lawsuit alleges. The original,

France fines Google and Facebook over cookies

French regulators have hit Google and Facebook with fines totalling 210m euros (£175m) over use of cookies, reports BBC. Data privacy watchdog the CNIL said both sites were making it difficult for internet users to refuse the online trackers. Consent for the use of cookies is

Tesla criticised after opening Xinjiang showroom

Electric car maker Tesla has been criticised in the US after opening a showroom in China's controversial Xinjiang region. The company, headed by billionaire Elon Musk, opened the showroom in the city of Urumqi on New Year's Eve. However, the move has been welcomed by some in

Apple becomes first firm to hit $3tn market value

US technology giant Apple has become the first company to hit a stock market valuation of $3tn (£2.2tn). The firm's share price has risen by around 5,800% since co-founder and former chief executive Steve Jobs unveiled the first iPhone in 2007. However, its value slipped a