Tesla Moves Court to Dismiss Lawsuit Over Mass Layoffs, Says It Fired Poorly Performing Workers

Tesla on Thursday asked a US court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance notice. The company said that the case should be dismissed because the company was merely "right-sizing" by firing poorly performing workers and not engaging in layoffs that require advance notice, Tesla said.

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Delhi Traffic Signals to Introduce Electronic Signs Indicating Speed Limits, Timer Displays

Traffic signals in Delhi will soon have electronic signages indicating speed limits along with timer displays for smooth and effective traffic management as Lieutenant Governor Vinai Kumar Saxena on Thursday directed officials to install these devices at all traffic intersections across the city.

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Bharti Airtel Allots 1.2 Percent Equity Shares to Google for USD 700 million

Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730 apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in a regulatory filing...

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Celsius Files for Bankruptcy a Month After Freezing Withdrawals, Amid Ongoing Industry Turmoil

Celsius, the cryptocurrency investment platform, revealed on Wednesday that it had filed for bankruptcy in the US. The move comes a month after Celsius froze withdrawals on its platform, and the firm says it is seeking to restructure in a way that would maximize value for all stakeholders. Other firms also recently suspended withdrawals, such as CoinFlex and Babel Fin...

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Staring at Yourself During Virtual Chats Can Worsen Your Mood, Study Reveals

A recent study found out that when people look at themselves while doing a virtual chat with their partner, their mood degrades more over the course of the conversation. Researchers discovered that the use of alcohol appears to worsen the issue more.

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iPhone 14 Max Facing Delay Due to Production, Supply Chain Issues: Report

iPhone 14 Max may reportedly get delayed due to behind-schedule production and supply chain issues. It was hit due to COVID-19 lockdown.

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Apple iPad Models With Thinner, Lighter OLED Displays Coming in 2024: Report

Apple's future iPad models are said to come equipped with OLED screens. According to a new report, Apple is producing final prototypes of OLED iPads with its display partners. The company could employ a dry etching process in the manufacturing cycle for making the OLED panels thinner and lighter.

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Netflix Seeks to Rework Programming Deals With Hollywood Studios for Ad-Supported Tier: Report

Netflix has reportedly started talks with Hollywood studios Warner Bros., Universal and Sony Pictures Television, as the streaming service looks to tweak its programming deals to enable the launch of an ad-supported version of the service. The company said it was still in the early days of deciding how to launch a lower priced, ad-supported option, and that it was all...

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iPhone 14 Max Facing Delay Due to Production, Supply Chain Issues: Report

iPhone 14 Max may reportedly get delayed due to behind-schedule production and supply chain issues. It was hit due to COVID-19 lockdown.

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Asus Zenfone 9 Confirmed to Launch on July 28, Expected to Get Snapdragon 8+ Gen 1 SoC

Asus Zenfone 9 has been confirmed to launch on July 28 in New York at 9am, in Berlin at 3pm, and in Taipei at 9pm (6.30pm IST). An alleged promo video of the smartphone had earlier revealed some specifications. It is said to succeed the Asus Zenfone 8 that was launched by the company last year in select markets.

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Twitter Sues Elon Musk for Breach of $44 Billion Deal, Calls His Exit Strategy 'A Model of Hypocrisy'

Twitter sued Elon Musk on Tuesday for violating his $44 billion (roughly Rs. 3,50,290 crore) deal to buy the social media platform and asked a Delaware court to order the world's richest person to complete the merger at the agreed $54.20 (roughly Rs. 4,300) per Twitter share.

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