Elon Musk is officially trying to pull the plug on the $44 billion deal to buy Twitter. In an SEC filing, Musk’s lawyers said the Tesla CEO wishes to terminate the agreement because of “false and misleading representations” made by Twitter. In a statement, Twitter’s Board of Directors said it still “intends to close the… Continue reading Elon Musk is officially trying to kill his Twitter takeover
Category: Tech News
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Great, there’s a buy now, pay later service for NFTs
For those who desperately yearn to own a certificate of authenticity for a URL pointing to an ugly ape illustration or another popular non-fungible token, there’s a buy now, pay later (BNPL) service they can use to finance their purchases. The offering from Teller works with some of the more notable NFT collections, such as… Continue reading Great, there’s a buy now, pay later service for NFTs
NFL commissioner says the league’s own streaming service will launch ahead of the 2022 season
NFL commissioner Roger Goodell has confirmed the league will launch its own streaming service ahead of the 2022 season. “The consumers want it, so we’re very excited about what NFL+ is going to be,” Goodell told CNBC. “It’s really in an early stage. I think over the years it will continue to grow. It will… Continue reading NFL commissioner says the league’s own streaming service will launch ahead of the 2022 season
Investors remain keen on Web3 in SE Asia, but with a note of cautionDuring bear markets such as this, Web 3 founders can focus on improving their prod…
Spotting lucrative opportunities in Web 3 — the blockchain-based, decentralised ecosystem that has been billed as the future of the internet with applications such as crypto, DeFi, and NFTs — several investors made a beeline for such startups in Southeast Asia at the start of the year. The recent carnage in the crypto sector, though,… Continue reading Investors remain keen on Web3 in SE Asia, but with a note of cautionDuring bear markets such as this, Web 3 founders can focus on improving their prod…
Gender diversification must happen first at the top: Altara Ventures’s Huiting Koh
Southeast Asia’s venture capitalists are making progress in reducing the gender gap, although most of their efforts are focused on the hiring stage, says a leading female VC. “…VCs in SEA are doing a lot more now to attract diverse talent… we are seeing younger talent join as interns while still completing their undergraduate degrees… Continue reading Gender diversification must happen first at the top: Altara Ventures’s Huiting Koh
Twitter vows legal fight after Musk pulls out of $44b deal
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor, said on the micro-blogging platform that the board planned to pursue legal… Continue reading Twitter vows legal fight after Musk pulls out of $44b deal
Elon Musk proves he’s the wrong man to save the world
It’s on. Elon Musk has officially filed to kill his own Twitter acquisition, and Twitter is calling his bluff. They’ll see Musk in court. And while it’s only going to get messier from here, one important verdict has already been rendered by Elon Musk himself: he doesn’t have what it takes to run Twitter. And… Continue reading Elon Musk proves he’s the wrong man to save the world
Tesla shares get baby bump as Elon Musk tries to pull out of Twitter deal
Tesla shares received an upwards bump in after-hours trading Friday as investors reacted positively to Elon Musk’s move to terminate his $44 billion deal to buy Twitter. Tesla shares rose 14.51% to close at $752.29 on Friday. The share price continued to edge higher after regular trading hours by as much as 3.39%, before settling… Continue reading Tesla shares get baby bump as Elon Musk tries to pull out of Twitter deal
Elon Musk and the $44 billion Twitter buyout he’s trying to terminate
First, we learned that Elon Musk had purchased enough shares of Twitter to become its largest individual shareholder. The company announced Musk would take a seat on its board of directors, but within the space of a week, that plan unraveled, and Musk informed the board he would not accept the position. Elon’s next move… Continue reading Elon Musk and the $44 billion Twitter buyout he’s trying to terminate
This big, sand-filled energy storage silo can be powered by wind and solar
Finnish startup Polar Night Energy and local Finnish utility Vatajankoski have together built the world’s first commercial sand-based, high-temperature heat storage system that can be powered by solar and wind. Sand-filled energy storage in Finland Polar Night Energy’s heat storage system is a 23-foot-tall steel container filled with 100 tons of sand. (Polar Night Energy… Continue reading This big, sand-filled energy storage silo can be powered by wind and solar