Chinese-owned TikTok video-sharing app platform is the new “digital media partner” of the Hay Festival on the Welsh Borders, which returned with a flourish for its first full “in-person” gathering out of the pandemic since 2019. The festival had respectful mac-clad enthusiasts, with an eclectic range of events from snatches of Bach to Bad Sex…
Johnny Depp (58) wins $15m, in his libel case over an article in which his ex-wife said she was a victim of abuse, and Heard wins $2m after jurors find Deep defamed her via his lawyer. The Jury awarded Depp $10m ( £8m) in compensatory damages and $5m in punitive damages. The jury found that…
WhatsApp is launching a new service for businesses to communicate directly with their customers. The cloud-based messaging system is one of several platforms where Meta is launched more shopping-focused features, which will be free for smaller firms. Meta CEO Mark Zuckerberg said the development would help companies customise their experience. “ The best business experiences…
A $1 trillion crypto crash wipes out the price of Avalanche, Bitcoin, BNB, Cardano, Ethereum, and Solana. Two main cryptocurrencies Stablecoins from the crypto project Terra have gone into free fall prompting the incident of a Ponzi scheme akin to the collapse of Lehman Brothers which precipitated in 2008 financial crisis. UST created by…
Elon Musk said that if he closes Twitter buy, he would reverse the permanent ban and let former President Donald J. Trump back into the social network, undoing the social network’s decision after Mr. Trump’s tweets about the riots at the US Capital last year. Elon Musk, the Tesla CEO who is soon to own…
Tesla CEO Elon Musk, who owns more than 15 per cent of the company, has sold roughly £6.8bn ($8.5bn) worth of shares in the electric car maker just days after he agreed to buy Twitter, triggering a sharp 20 % fall in Tesla shares wiping out $21bn of the carmaker’ stock market value, earlier this…
Elon Musk on Wednesday night sent a letter to Twitter offering to take the company private for $41 billion, after calling it his “best and final offer”. Twitter’s board of directors met on Thursday afternoon for a careful review of the proposal. Musk turned down an offer to join the board. The Twitter board of…
Pulitzer Prize-winning journalist Andrea Elliot of The New York Times investigates eight dramatic years in the life of Dasani Coates, a child with mega imagination as the skyscrapers, near Brooklyn homeless shelter. Dasani’s ancestors from slavery to the Great Migration north, grows up, moving with her tight-knit family shelter to shelter, is named for the…
Award-winning financial historian delves into character-driven story of venture capital and the world it made. “Innovations rarely came from experts” Jeff Bezos, Elon Musk was not in the auto industry. When it comes to innovation, the future cannot be predicted, it can only be discovered. Most attempts at discovery fail, but a few succeed at…
During lockdown Facebook changed direction to virtual reality, saying their communication had been poor, and the internet experienced a few wobbles. WhatsApp’s plans to change its privacy policies to make it easier for people to message businesses faced a backlash as millions downloaded apps from its competitors, worried that the plan would make large amounts…