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Twitter adopts ‘poison pill’ to fight takeover by Musk


April 16, 2022

BENGALURU: Twitter Inc on Friday adopted a limited-duration shareholder rights plan to protect itself from billionaire entrepreneur Elon Musk’s $43 billion cash takeover offer. Musk made the bid on Wednesday in a letter to the board of Twitter — the micro-blogging platform that has become a global means of communication for individuals and world leaders — and it was made …

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THE WITCHER 3: WILD HUNT: CD PROJEKT SAYS NO ‘MONUMENTAL’ DELAY TO GAME


April 15, 2022

A board member of Polish video game maker CD Projekt said on Thursday there is no “monumental” delay to its blockbuster game “The Witcher 3: Wild Hunt” for next-generation consoles, a day after the company postponed the release. CD Projekt had said on Wednesday it had taken work on the version back in-house and postponed the release, previously planned for …

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FOURTH VACCINE DOSE PROTECTS VS OMICRON FOR AT LEAST A MONTH


April 15, 2022

A fourth dose of the COVID-19 vaccine from Pfizer and BioNTech provided significant added protection against severe disease, hospitalization and death for at least a month in older individuals, according to a study from Israel conducted when the Omicron variant was dominant. The estimated effectiveness of the fourth dose during days 7 to 30 after it was administered compared with …

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COVID-19 MAY INCREASE RISK FOR RARE EYE CLOTS


April 15, 2022

Patients with COVID-19 may have an increased risk of rare vision-threatening blood clots in the eye for months afterward, new findings suggest. Because SARS-CoV-2 infections increase the risk of blood vessel obstructions at other sites in the body, researchers studied nearly half a million COVID-19 patients to see whether they would develop clots in the veins or arteries of the …

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META TO TAKE NEARLY HALF OF SALES MADE BY ITS METAVERSE CREATORS AS FEES


April 14, 2022

Facebook parent Meta Platforms will charge creators around 47.5% on sales of digital assets and experiences made inside the company’s virtual reality platform Horizon Worlds. The overall charge comprises of 30% hardware platform fee for sales made through Meta Quest Store, where it sells apps and games meant for its virtual reality headsets, and a further 17.5% cut as its Horizon …

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TIKTOK ANNOUNCES COMMENT DISLIKE FEATURE


April 14, 2022

TikTok is coming up with a comment dislike option to stop the spread of irrelevant or inappropriate reactions. The Chinese social media application, in a statement, stated they aim to tackle abusive and hateful content or behaviour that violates their community guidelines.  “We’ve started testing a way to let individuals identify comments they believe to be irrelevant or inappropriate,” the statement …

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BRITISH KITESURFER RIDES HUGE 50FT WAVE ON ELECTRIC SURFBOARD


April 13, 2022

In a recent video from Portugal, British kitesurfer Tom court was seen tackling a ‘vertical’ 50ft wave in Portugal on an electric ‘flying’ surfboard. The video shows Tom, riding a 50ft wave on an efoil, off the coast of the Portuguese Town Nazare. An efoil is an electric surfboard that lets the rider float over the water similar to a …

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NOKIA TO STOP DOING BUSINESS IN RUSSIA


April 13, 2022

Telecoms equipment maker Nokia (NOKIA.HE) is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson (ERICb.ST), which said on Monday it was indefinitely suspending its business in the country. Hundreds of foreign companies are cutting ties with Russia following its Feb. 24 invasion of Ukraine and after Western sanctions against Moscow. While …

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BITCOIN COULD BECOME A RESERVE CURRENCY


April 12, 2022

A crypto platform’s pledge to amass $10 billion worth of bitcoin to back its own “stablecoin” is firing up the market. It’s part of a wider movement to crown bitcoin as the reserve currency of a new age. Seoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth $1.7 billion in a series of purchases via a non-profit …

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Musk no longer joining Twitter board: CEO


April 12, 2022

SAN FRANCISCO: Elon Musk is no longer joining the board of Twitter, the CEO of the social media company said late on Sunday, in a reversal less than a week after announcing the Tesla and SpaceX chief would be appointed. Musk was named to join the Twitter board after buying a major stake in the firm and becoming its largest …

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