San Fransisco, U.S. | Xinhua | Tesla CEO Elon Musk decided on Friday to terminate his 44 billion U.S. dollars deal to buy Twitter, blaming the company for withholding information on its number of spam and fake accounts. Musk’s lawyer claimed that Twitter failed to comply with its obligations in the …
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If platform becomes too toxic, advertisers might leave altogether, jeopardising the its revenue COMMENT | ZACH MEYERS | With Elon Musk buying of Twitter for $44 billion, commentators are scrambling to understand what the “free speech absolutism” espoused by the world’s richest person will mean for the platform. But the …
Read More »| THE INDEPENDENT | Elon Musk recently completed the purchase of 9.2% of Twitter’s stock and became the social media company’s largest shareholder. He was also offered a seat on the company’s board, which he declined. On one level, Musk’s investment seemed to make a lot of sense: Musk …
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San Francisco, U.S. | Xinhua | Twitter, Inc. on Friday announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan following an unsolicited, non-binding proposal to acquire Twitter by Tesla CEO Elon Musk. The Rights Plan, often called the “poison pill”, will reduce the likelihood that …
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San Francisco, U.S. | Xinhua | A filing with the U.S. Securities and Exchange Commission (SEC) on Thursday showed that Elon Musk has made an offer to buy Twitter. The billionaire has said he is willing to pay 54.20 U.S. dollars per share to buy 100 percent of the company. The …
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Billionaires Richard Branson and Jeff Bezos enter space race | THE INDEPENDENT | The sky over the Spaceport America in Las Cruces, New Mexico, was afire with lightning on the night of July 10. The storm was sufficiently fierce to postpone Virgin Galactic’s planned rollout of its twin airships, mothership …
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Private firms undertake the bulk of R&D but governments fund it and must offer it direction COMMENT | DANI RODRIK | Innovation is the engine that drives contemporary economies. Living standards are determined by productivity growth, which in turn depends on the introduction and dissemination of new technologies that allow …
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It took 3 failed launches to achieve success | THE INDEPENDENT | Space Exploration Technologies Corp. – commonly known as SpaceX – is sending two astronauts into space. Despite not yet being 20 years old, the company has already developed a creation myth: on 28 September 2008, its first rocket …
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Moscow, Russia | AFP | Moscow space officials on Sunday said they were puzzled by “hysteria” around the successful SpaceX flight as Elon Musk taunted Russia and US President Donald Trump vowed to beat it to Mars. On Saturday, SpaceX made history by becoming the world’s first commercial company to send …
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Moscow, Russia | AFP | Russia has lost its long-held monopoly as the only country able to ferry astronauts to the International Space Station following the flawless manned launch by US company SpaceX. The Russian space agency congratulated the United States and Elon Musk’s SpaceX on the first crewed flight ever …
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