Twitter Restores 'Official' Label; $8 Blue Check Mark Option Vanishes

Elon Musk's Twitter on Friday brought back the "official" badge to some accounts, just days after doing away with it, while several users reported the new subscription option for the blue verification check mark had disappeared. The move follows a surge in fake accounts on the platform after new boss Elon Musk allowed users to pay $8 (nearly Rs. 650) for the coveted...

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FTX Files US Bankruptcy Proceedings, Sam Bankman-Fried Steps Down as CEO

Crypto exchange FTX filed US bankruptcy proceedings on Friday and Sam Bankman-Fried stepped down as CEO, after a rapid liquidity crisis at the cryptocurrency group that has prompted intervention from regulators around the world. The distressed crypto trading platform had been struggling to raise billions in funds to stave off collapse after traders rushed to withdraw...

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Elon Musk Warns of Twitter Bankruptcy Amid Senior Executive Exodus, US FTC Warning

Elon Musk on Thursday warned that Twitter could face bankruptcy, as more senior executives exited the firm and a US privacy regulator warned that it was monitoring the microblogging platform. The US Federal Trade Commission said it was watching Twitter with "deep concern" after the three privacy and compliance officers quit. These resignations potentially put Twitter ...

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iQoo 11 Specifications Tipped via Geekbench Listing, May Come With Snapdragon 8 Gen 2 SoC

iQoo 11, a new handset from the Vivo sub-brand is reportedly making its way to the market soon. The handset was spotted on the Geekbench benchmarking site with scores ranging between 1,451 and 1,453 points in the single-core tests and between 4,660 and 4,681 points in the multi-core tests.

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Apple Reality Pro Mixed Reality Headset May Enter Mass Production in March 2023: Report

Apple Reality Pro, the first-ever purported mixed reality headset from the Cupertino, California-based iPhone and MacBook maker, may enter into mass production by March 2023, according to a report. The first announcement by Apple around the device was previously expected to be announced sometime in January 2023, while pre-sales were said to commence in the second quar...

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FTX CEO Scrambles to Look for $9.4 Billion in Rescue Funds as Bahamas Freezes Assets

FTX CEO Sam Bankman-Fried is said to be looking to raise about $9.4 billion (roughly Rs. 75,960 crore) from investors and rivals, discussing raising $1 billion (roughly Rs. 8,080 crore) each from Justin Sun, the founder of crypto token Tron, rival exchange OKX and stablecoin platform Tether.

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ASML Launches EUR 12 Billion Buyback, Upgrades 2025 Forecast

ASML, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a EUR 12 billion (nearly Rs. 98,380 crore) share buyback programme to run through 2025. In an announcement ahead of an investors' day on Friday, the company said it expects revenue of EUR 30 billion (nearly Rs. 2,45,600 crore) to EUR 40 billion (nearly Rs. 3,27,550 cror...

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Apple, Amazon Face Class Action Lawsuit for Allegedly Colluding to Drive Up iPhone, iPad Prices in the US

Apple and Amazon have been accused of colluding to drive up iPhone and iPad in the US prices by removing most other resellers from the platform, according to a new class action lawsuit. The lawsuit objects to a 2019 agreement under which Apple gave Amazon discounts of up to 10 percent on its products, in exchange for the latter letting just seven of 600 resellers stay...

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IBM Osprey Quantum Computer With 433 Qubits Launched: All You Need to Know

IBM Osprey was launched on Wednesday as the company's most powerful quantum computer. The latest machine from IBM is a 433-qubit machine, which has three times the number of qubits than its Eagle machine from 2021. Meanwhile, IBM's director of research said the company is still on track to launch a computer with over 1000 qubits but further scaling was working on a n...

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iOS 16.1.1 Update Limits AirDrop File Sharing Feature Used by iPhone Users at Protests in China

Apple on Wednesday limited the AirDrop wireless file sharing feature on iPhone models in China, as part of the latest iOS 16.1.1 update. The company said that it plans to roll out the new AirDrop setting globally in the coming year, adding that the idea is to mitigate unwanted file sharing. Individuals won’t be able to get an AirDrop transfer from a stranger withou...

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FTX CEO Exploring All Options for Crypto Firm After Binance Deal Collapses

FTX CEO Sam Bankman-Fried on Wednesday told employees that he was looking at all options for the crypto firm after a non-binding deal with rival Binance collapsed, leaving the 30-year-old, who had previously been throwing lifelines to other faltering digital asset platforms, with dwindling options himself. The CEO also said in the staff message that his goals were to ...

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