Saturday, July 9, 2022

Twitter Workers Brace for More 'Circus' After Elon Musk Torpedoes Deal

Twitter employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social media company in what could be the start of months of legal wrangling.

from Gadgets 360

Xiaomi 12 Lite With 108-Megapixel Camera, Snapdragon 778G Launched: Price, Specifications

Xiaomi 12 Lite has been launched globally. The smartphone comes with a 108-megapixel primary rear camera, Snapdragon 778G SoC, and will be available for pre-orders today. 

from Gadgets 360

Musk Pulls Out of $44 Billion Deal, Twitter Says Will Pursue Legal Action

Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion (roughly Rs. 3,49,060 crore) deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement.

from Gadgets 360

Friday, July 8, 2022

TikTok Sued in US After Children Allegedly Died Doing Blackout Challenge

TikTok has been served with a lawsuit in California after children allegedly died while taking part in a Blackout Challenge. The challenge makes a sport of choking oneself until passing out. The suit has also listed names of children in other places who allegedly dies because of TikTok Blackout Challenge.

from Gadgets 360

NASA Shares Deep-Space ‘Teaser’ Picture From James Webb Telescope Ahead of July 12 Release

NASA has shared a teaser photo ahead of the release of its first deep-space images from the James Webb Telescope. The JWST is an instrument powerful enough to look back into the origins of the universe, all the way back to the Big Bang that occurred 13.8 billion years ago. According to NASA, the first fully formed images are the result of 72 exposures over 32 hours th...

from Gadgets 360

Government Urges States to Tap Opportunities in Electronics Manufacturing

Union Minister Ashwini Vaishnaw urged states to explore opportunities in electronics manufacturing space, as India has proven its mettle as an "important trusted partner" for the world. He also discussed about setting a working group that will help in addressing crucial aspects such as optical fibre ducts and space for 5G telecom towers.

from Gadgets 360

Twitter Shares Plunge After Report Suggests Elon Musk’s Deal Might Fall Through

Twitter shares plunge at least 4 percent after a report stated that Elon Musk's $44 billion (roughly Rs. 3,48,700 crore) deal to buy the social media giant is in danger. It has been reported that Musk has been unable to pin down the percentage of spam Twitter accounts.

from Gadgets 360

EU Antitrust Regulators Probing Alliance for Open Media’s Video Licensing Policy, Ahead of Incoming EU Rules

Antitrust regulators in the EU are probing the video licensing policy of the Alliance for Open Media (AOM), according to the European Commission. The investigation will look into the policy of the group, that includes companies such as Google, Amazon, Apple, Meta, Netflix, YouTube, Microsoft, Mozilla, Cisco and Tencent. AOM aims to create a new standard software for s...

from Gadgets 360

Vivo India Remitted 50 Percent Turnover Worth Rs. 62,476 Crore to Avoid Paying Tax in India, Claims ED

Vivo India has illegally transferred 50 percent of its turnout worth Rs. 62,476 crore to China in order to avoid payment of taxes in India, claims the Enforcement Directorate. The government agency has not stated the time period of the transaction. The stepped-up action against the Chinese-backed companies operating in India comes in the backdrop of the military stand...

from Gadgets 360

Thursday, July 7, 2022

FTX Has 'A Few Billion' to Support Industry, Claims Head Sam Bankman-Fried

FTX head Sam Bankman-Fried said he and his company still have a "few billion" on hand to shore up struggling firms that could further destabilise the digital asset industry. He has said he plans to give away 99 percent of his wealth, and that he could spend up to $100 million (nearly Rs. 800 crore) supporting candidates in the 2024 election cycle

from Gadgets 360

MacBook Air (2022) With M2 Chip Set to Available for Order Starting July 8, Launch on July 15

Apple, in its recent announcement, has confirmed that MacBook Air (2022) with M2 chip will be available for orders starting July 8. Meanwhile, the launch for MacBook Air (2022) is set for July 15. The upcoming MacBook Air is coming in four colour variants — Midnight, Silver, Space Grey, and Starlight.

from Gadgets 360

Apple Considering Using AI to Design its Chips, Technology Executive Says

Apple is interested in tapping generative AI to help speed up the design of the custom chips at the heart of its devices. Johny Srouji, Appl...