Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
WASHINGTON, United States (AFP) — Elon Musk’s move to abandon his purchase of Twitter has been greeted with a mix of relief and disappointment across the political spectrum, with many criticizing the Tesla founder but others applauding his “exposure” of the influential messaging platform. The announcement of the deal valued at $44 billion in late April sparked fears the platform would see a surge in abuse and disinformation after Musk — a self-proclaimed free […]
by Julie JAMMOT Agence France Presse Courted and then jilted by the world’s richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more — but the company will not emerge unscathed. The entire saga has left observers baffled by what Wedbush analyst Dan Ives described as “one of the craziest business stories ever.” “I think it starts off as a circus show […]
Tech billionaire Elon Musk shut down rumors that he’s purchasing the pro-Donald Trump news channel, One America news. This comes after One America News CEO Robert Herring tweeted that he received a call from somebody close to Elon Musk that the Tesla owner wanted to talk about purchasing One America News. Herring even tagged musk in his tweet. But Musk replied “only Twitter,” to Herring’s tweet, which sparks the question: is Musk still interested in […]
San Francisco, UNITED STATES (AFP) — Elon Musk faces a lawsuit accusing him of pushing down Twitter’s stock price in order to either give himself an escape hatch from his $44 billion buyout bid, or room to negotiate a discount. The suit alleges the billionaire Tesla boss tweeted and made statements intended to create doubt about the deal, which has roiled the social media platform for weeks. Filed Wednesday by a shareholder, the claim seeks […]
by Glenn CHAPMAN Agence France Presse Elon Musk said on Tuesday that as owner of Twitter he would lift the ban on Donald Trump, contending that kicking the former US president off the platform “alienated a large part of the country.” Musk’s endorsement of a Trump return to the global messaging platform triggered fears among activists that Musk would “open the floodgates of hate.” “I would reverse the permanent ban,” the billionaire said at […]
by Julie Jammot with Glenn Chapman in San Francisco © Agence France-Presse SAN FRANCISCO, United States (AFP) — Tesla chief Elon Musk launched a hostile takeover effort for Twitter on Thursday, insisting the platform needs to be transformed but acknowledging his $43 billion bid may fail. The proposal faces uncertainty on multiple fronts, including possible rejection and the challenge of assembling the cash, but could have wide-reaching impacts on the social media service if […]
BEIJING, China (AFP) — Tesla has recalled nearly 128,000 cars in China due to a fault that could “increase the risk of vehicle collision”, the country’s state market regulator said. It is the latest hitch for the US electric vehicle giant that is hugely popular in China, but has also faced complaints from consumers and been hit by Covid-19 lockdowns. About 127,785 domestic and imported Tesla Model 3 cars were recalled due to a […]
by John Biers © Agence France-Presse NEW YORK, United States (AFP) — Twitter’s shares soared after Tesla CEO Elon Musk disclosed on Monday a large stake in the social media company, which he has criticized for its approach to speech rights. Musk, who has more than 80 million followers on the microblogging platform, became its largest shareholder following the purchase of 73.5 million shares or 9.2 percent of common stock, according to a securities filing. […]
WASHINGTON, D.C., United States (AFP) – Billionaire entrepreneur Elon Musk is set Thursday night to deliver an eagerly-awaited update on SpaceX’s Starship, a prototype rocket the company is developing for crewed interplanetary exploration. The tycoon will make his presentation at SpaceX’s Starbase facility near Boca Chica, south Texas, at 8:00 pm local time (0200 GMT Friday), against the impressive backdrop of the spacecraft in its fully-stacked configuration, standing 394 feet (120 meters) tall. It will […]
NEW YORK, United States (AFP) — Tesla CEO Elon Musk sold approximately $1.1 billion in shares of his electric car company, after indicating over the weekend he would sell 10 percent of his stock based on the results of a Twitter poll. However the sell was put in motion on September 14, according to documents filed Wednesday, meaning it was not spurred by the survey’s outcome. Musk, the world’s richest man, sold about 930,000 […]
A Russian Soyuz rocket has blasted into space carrying 34 new satellites from British operator Oneweb, which aims to provide broadband internet everywhere in the world. The rocket operated by Europe’s Arianespace took off successfully at 2213 GMT Saturday from the Baikonur cosmodrome in Kazakhstan, the Roscosmos space agency said in a statement. It was the fifth launch of OneWeb satellites this year, with the last one on July 1. OneWeb is working to complete […]
After dominating the electric vehicle market and throwing his hat into the billionaire space race, Tesla boss Elon Musk announced the latest frontier he’s aiming to conquer: humanoid robots. The irascible entrepreneur said Thursday he would have an initial prototype of an androgynous “Tesla Bot” by next year. Based on the same technology as the company’s semi-autonomous vehicles, the robot will be able to perform basic repetitive tasks with the aim of eliminating the need […]
