November 21, 2024
Sci & Tech

The trading of Tesla Inc.’s three-for-one split shares will start on August 25

After shareholders of the electric vehicle manufacturer adopted the plan during its annual meeting, the trading of Tesla Inc.’s three-for-one split shares will start on August 25. On most matters, including re-electing directors and accepting a stock split, shareholders of the EV manufacturer supported board recommendations at the company’s annual meeting on Thursday while rejecting […]

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Sci & Tech

Twitter is under fire from Musk for allegedly engaging in fraud

SAN FRANCISCO: As their legal battle intensifies, Elon Musk has accused Twitter of deceiving him by misrepresenting important components of its business before he agreed to a $44 billion takeover. The Tesla CEO filed the claim late on Thursday in an effort to defend himself against Twitter’s lawsuit that aims to compel him to complete […]

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Sci & Tech

The cancer-causing compounds in processed beef may be found using this new software

Even while some studies have indicated that processed meat may include chemicals that cause cancer, this hasn’t stopped people from eating it. A new smartphone app created by Spanish researchers could alert consumers about toxins found in processed meat products like salami, bacon, and sausages. Researchers employed a color-changing material called Polysen, which turns colour […]

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Sci & Tech

Facebook will stop allowing live shopping

Live shopping, a Facebook Livestream feature akin to QVC that allowed producers to promote and sell their products to their audience, will end on October 1. The business plans to shift its attention to Reels in its place. Facebook’s purchasing tool would no longer be accessible, but Instagram would still have it. The business declared, […]

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Sci & Tech

Twitter questions rely on Musk’s efforts to derail the $44 billion deal

WILMINGTON: Elon Musk‘s $44 billion takeover bid for Twitter Inc. is being investigated by Twitter Inc., according to legal experts, who are also trying to unearth evidence that Musk sought to thwart the financing of the acquisition. Twitter served dozens of civil subpoenas this week on foreign banks, including affiliates of Morgan Stanley, co-investors in […]

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Sci & Tech

Robinhood reduces employment by 23%

The retail trading platform Robinhood Markets Inc. announced on Tuesday that it is firing around 23% of its workforce, causing its shares to decline more than 3% in after-hours trading. In order to “achieve greater cost discipline,” the company is also revamping its organizational structure, according to blog post by Robinhood CEO Vlad Tenev. Robinhood […]

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Sci & Tech

Oracle begins cutting staff in the US – The Information

The Information reported on Monday that Oracle Corp. has begun to lay off workers in the United States, citing a source with firsthand knowledge of the situation. The outlet revealed in July that Oracle was considering laying off thousands of employees throughout the globe after aiming to save up to $1 billion in costs. According […]

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Sci & Tech

Apple expanded their line of vintage products by eight more Macs

On Monday, Apple updated its list of antique products and added eight additional Macs that were produced in 2015 and 2016. Vintage status has been given to the original MacBook Pro model with the touch bar, which was released in October 2016 following a thorough redesign by Apple. The Touch Bar is still an option […]

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Sci & Tech

140,000 Wiseasy payment terminals are breached by hackers

Dashboards made by Wiseasy that were used to remotely oversee and operate credit card payment terminals were compromised by hackers. The well-known Android-based company manufactures payment terminals, which are primarily used in cafés, hotels, schools, etc. The business can simply remotely manage, configure, and update customer terminals over the internet using its Wisecloud cloud service. […]

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Sci & Tech

Lithium will be provided by Ioneer’s Nevada mine to a Toyota-Panasonic battery joint venture.

The lithium will be purchased from ioneer Ltd’s Rhyolite Ridge mining facility and used to construct electric vehicle batteries in the United States by a joint battery venture between Toyota Motor Corp. and Panasonic Corp. The legally binding supply agreement, which was revealed on Sunday, is Ioneer’s second in less than a month and a […]

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