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Twitter Sues Elon Musk For Backing Out Of 44 Billion Merger - Latest Technology News | TechNewsNow.com :: TechnewsNow.com
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Twitter sues Elon Musk for backing out of $44 billion merger

Twitter has sued Elon Musk, hoping to force the billionaire to buy the social media platform at the agreed price of $54 per share.Elon MuskAs Bret Taylor, chairman of the board at Twitter, suggested on Monday, Twitter has sued Musk after he called of.....»»

Category: appleSource:  appleinsiderJul 12th, 2022

Elon Musk threatens to sue FAA after feds propose fining SpaceX $633,000

"SpaceX will be filing suit against the FAA for regulatory overreach," Musk said. Enlarge / NASA officials inside SpaceX's launch control center at Hangar X watch the liftoff of a Falcon 9 rocket a few miles away on March 3, 2024.....»»

Category: topSource:  arstechnicaRelated NewsSep 18th, 2024

How crypto bros wrested Flappy Bird from its creator

Decadelong trademark fight culminates in new game hinting at "Web3 innovation." Enlarge / Imagine owning one of those funky birds as an NFT! (credit: Flappy Bird Twitter/X) Fans of ultra-viral mobile gaming hit Flappy Bi.....»»

Category: topSource:  pcmagRelated NewsSep 17th, 2024

Brazil judge seizes cash from Starlink to cover fine imposed on Elon Musk’s X

Starlink and X treated as one economic group, forcing both to pay X fines. Enlarge / Supporters of former President Jair Bolsonaro participate in an event in the central area of Sao Paulo, Brazil, on September 7, 2024. Bolsonaro.....»»

Category: topSource:  arstechnicaRelated NewsSep 16th, 2024

The promise of summer wheat in Zimbabwe

Africa currently imports around 40 million tons of wheat annually at a staggering cost of $15 billion. Most African countries rely heavily on wheat imports, with some importing up to 100% of their supply. However, countries like Ethiopia and Zimbabwe.....»»

Category: topSource:  physorgRelated NewsSep 13th, 2024

Stellantis, UAW back at odds over future of idled Belvidere plant

The UAW is threatening to strike Stellantis if it doesn't recommit to a $4 billion plan that would reopen Belvidere Assembly and add three new facilities nearby......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Boeing risks losing billions as 33,000 workers vote to strike

Workers refused to waste leverage as Boeing deals with $45 billion debt. Enlarge / Union members cheer during a news conference following a vote count on the union contract at the IAM District 751 Main Union Hall in Seattle, Wash.....»»

Category: topSource:  arstechnicaRelated NewsSep 13th, 2024

“Fascists”: Elon Musk responds to proposed fines for disinformation on X

“Elon Musk’s had more positions on free speech than the Kama Sutra," says lawmaker. Enlarge (credit: Getty Images | Dan Kitwood ) Elon Musk has lambasted Australia’s government as “fascists” over proposed laws.....»»

Category: topSource:  arstechnicaRelated NewsSep 13th, 2024

Self-driving tech spurs investment rebound in mobility sector

Investments in the mobility sector are perking up after a rough multi-year stretch, according to the latest data from financial insights firm Pitchbook. Deal vaues reached $6.7 billion in the second quarter in the segment......»»

Category: topSource:  autonewsRelated NewsSep 13th, 2024

Ford Pro CEO Ted Cannis to retire

Cannis has the commercial vehicle unit Ford created in 2021 on pace for $70 billion in revenue this year. Ford Blue CEO Andrew Frick will take over on an interim basis......»»

Category: topSource:  autonewsRelated NewsSep 12th, 2024

Denso goes workerless under new factory concept for Toyota Group

Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»

Category: topSource:  autonewsRelated NewsSep 11th, 2024

AWS is spending £8 billion to boost its UK cloud business

AWS UK expansion could support up to 14,000 jobs annually......»»

Category: topSource:  theglobeandmailRelated NewsSep 11th, 2024

Apple must pay €13 billion in back taxes after losing final appeal

EU's top court also upholds €2.4 billion antitrust fine against Google. Enlarge (credit: Getty Images | SOPA Images ) Apple has suffered a significant defeat after the EU’s top court ruled that the iPhone maker must.....»»

Category: topSource:  arstechnicaRelated NewsSep 10th, 2024

Electrically modulated light antenna points the way to faster computer chips

Today's computers reach their physical limits when it comes to speed. Semiconductor components usually operate at a maximum usable frequency of a few gigahertz—which corresponds to several billion computing operations per second......»»

Category: topSource:  physorgRelated NewsSep 9th, 2024

Murdoch to Musk: How global media power has shifted from the moguls to the big tech bros

Until recently, Elon Musk was just a wildly successful electric car tycoon and space pioneer. Sure, he was erratic and outspoken, but his global influence was contained and seemingly under control......»»

Category: topSource:  physorgRelated NewsSep 9th, 2024

The moon had surprisingly recent volcanic activity, samples from Chinese space mission confirm

Volcanoes were erupting on the moon as recently as 120 million years ago, evidence collected by a Chinese spacecraft suggests. Until the last few years, scientists had thought volcanic activity ended on the moon around 2 billion years ago......»»

Category: topSource:  theglobeandmailRelated NewsSep 9th, 2024

Massive merger: Study reveals evidence for origin of supermassive black hole at galaxy"s center

The origins of aptly named supermassive black holes—which can weigh in at more than a million times the mass of the sun and reside in the center of most galaxies—remain one of the great mysteries of the cosmos......»»

Category: topSource:  physorgRelated NewsSep 6th, 2024

Witness 1.8 billion years of tectonic plates dance across Earth"s surface in a new animation

Using information from inside the rocks on Earth's surface, we have reconstructed the plate tectonics of the planet over the last 1.8 billion years......»»

Category: topSource:  theglobeandmailRelated NewsSep 6th, 2024

Trump plan for Musk-led efficiency commission could give CEO influence over rules for his work, wealth

Donald Trump's plan for a Musk-led efficiency commission could put him in position to change the rules for corporate America, including the industries in which his companies compete......»»

Category: topSource:  autonewsRelated NewsSep 6th, 2024

After another Boeing letdown, NASA isn’t ready to buy more Starliner missions

Boeing could earn nearly $2 billion more from NASA if it fully executes on the Starliner contract. Enlarge / Boeing's Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket before liftoff in June to begin the Crew.....»»

Category: topSource:  arstechnicaRelated NewsSep 5th, 2024

NASA"s Hubble, MAVEN help solve the mystery of Mars"s escaping water

Mars was once a very wet planet, as is evident in its surface geological features. Scientists know that over the last 3 billion years, at least some water went deep underground, but what happened to the rest? Now, NASA's Hubble Space Telescope and MA.....»»

Category: topSource:  physorgRelated NewsSep 5th, 2024