Restaurant with a ludicrous profit margin

  Salt Bae’s London restaurant which started as a myth, serving embalmed steaks in gold leaf at £700 each portion, then had to take off the menu at the dining room at the foot of the Park Tower Hotel in Knightsbridge. Nusret UK’s financial statements for 2021, just after three months of opening in the…

$44bn deal to buy Twitter is ditched by Elon Musk

n Musk is seeking to end his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of the agreement. Mr. Musk said he backed out because Twitter failed to provide enough information on the number of spam and fake accounts. Twitter says it plans to pursue legal action to enforce the agreement. Twitter chairman Bret…

Elon Musk put an end to remote working in Tesla

  Tesla  CEO Elon Musk has given an ultimatum to staff to return to the office full-time declaring that working remotely is no longer acceptable. People who are unwilling to abide by the new rules can “pretend to work somewhere else” Mr. Musk said on Twitter when asked about the policy. Everyone at Tesla is…

$1 Trillion Crypto Crash

  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 says he would reverse Twitter’s ban on Donald Trump

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…

Musk takesover Twitter

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 offers $41 billion to take Twitter private

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…

Tech during lockdown

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…

Alexa tells a 10-year-old girl to touch live plug with penny

    When a 10-year-old asked Alexa for a “challenge to do”, Alexa challenged her to touch a penny coin to the prongs of a half-inserted live plug. Amazon has since updated its Alexa voice assistant  the error as soon as the company became aware of it. The girl’s mother, Kristin Livadhi, described the incident…

Dorsey resigns from Twitter

Jack Dorsey, the co-founder of Twitter, stepped down, as CEO on Monday, replaced by chief technology officer Parag Agrawal as his successor. Dorsey. 45, said the company was “ready to move on from its founder” and in an email to staff he said he had a “bone deep” trust in Agrawal, who joined Twitter 10…