Elon Musk has reportedly secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison to fund his $44 billion takeover of Twitter. Some of the investors include Sequoia Capital, Brookfield, and Qatar Holding, among others.Read More
Margrethe Vestager, who shaped landmark rules to curb the power of US tech giants, urged global communities to prevent Big Tech from misusing enforcement gaps. These tech giants are also under fire in South Korea, India and Australia.Read More
Didi and Lenovo founders, along with several other Chinese billionaires, cleared their Weibo accounts amid speculations about danger to their safety for speaking publicly. Only content from the last six months is visible on the Chinese microblogging site, which is an alternative to Twitter.Read More
Spanish intelligence agency comes under spotlight amid hacking revelations involving the cell phones of top politicians. CNI has been accused of negligence that allowed unknown sources to hack Prime Minister Sánchez’s phone with the Pegasus spyware. To clarify the working of the department, agency director Paz Esteban López is appearing before a select parliamentary…Read More
Virtual Private Network (VPN) providers will be required to register and preserve user information for at least five years, the Ministry of Electronics and Information Technology’s Indian Computer Emergency Response Team (CERT-In) has said in an eight-page directive.Read More
Elon Musk will reportedly become Twitter’s temporary CEO after closing his $44 billion takeover of the social-media firm, according to a person familiar with the matter. Parag Agrawal, current CEO, is expected to remain in his role until the sale of the company to Musk is completed.Read More
The US Federal Trade Commission (FTC) is reportedly reviewing Elon Musk’s $44 (roughly Rs. 3,37,465 crore) billion takeover of Twitter, said a person familiar with the deal. The agency is said to decide in the next month whether it will do an in-depth antitrust probe of the proposed transaction. Such a probe would delay the…
Block, the fintech firm led by Twitter co-founder Jack Dorsey, reported that it had not seen a decline in overall consumer spending through April, after reporting a first-quarter operating profit that topped Wall Street targets.Read More
Game of Thrones: House of the Dragon has unveiled its first trailer. House of the Dragon release date in India is August 22 on Disney+ Hotstar.Read More
World’s main central bank umbrella group, the BIS, has demanded for individuals and firms to be given more control over the data harvested on them by social media, Big Tech firms and banks. In a pa[er published on Thursday, the BIS mentioned while most countries already have some laws around data use, most individuals are…