TECHNOLOGY
Now, Elon Musk tells US regulator he wants the entire Twitter bird or will walk away
The offer is for all cash consideration valuing the common stock at $54.20 per share, a 54 per cent premium over the closing price of Twitter on January 28, 2022, the trading day before Musk began investing in the company. This is a 38 per cent premium over the closing price of Twitter on April 1, 2022, the trading day before Musk's investment in the Issuer was publicly announced.
Elon Musk offers $54.20 per share in cash to buy Twitter
The micro-blogging platform's shares soared nearly 18 per cent in pre-market trading after the news broke. Musk is offering to "acquire all of the outstanding Common Stock of the Issuer not owned by the Reporting Person for all cash consideration valuing the Common Stock at $54.20 per share," read the filing. Musk says Twitter needs to go private to go through the changes that need to be made.
Apple's privacy features to cost Facebook $12.8 bn in 2022
According to AppleInsider, the tech giant released its feature in iOS 14 on April 26, last year, and it immediately had an impact on companies relying on advertising revenue. By July, it was estimated to be causing a 15 per cent to 20 per cent revenue drop for advertisers.
Microsoft's Surface Laptop Go 2 to feature 11th-gen Intel chips
The device is codenamed "Zuma" and is expected to start shipping in the first half of this year, citing sources Windows Central reported. The Surface Laptop Go line is Microsoft's budget-friendly Surface Laptop, and it is said to be one of the best Surface PCs for students because of its premium design and small overall form factor, the report said.
boAt unveils new affordable earbuds with noise cancellation feature
Priced at Rs 3,999, the new earbuds will be available in three colour options -- elite blue, tranquil white and rich black -- on online and offline stores. The company said that boAt Airdopes 500 ANC combines and flaunts boAt's signature sound with its premium design, creating a wholesome experience for its users while they consume content of any form.
WhatsApp to boost UPI adoption for next 500 mn Indian users
Welcoming the approval by the National Payments Corporation of India (NPCI) for an additional 60 million users for UPI for WhatsApp -- taking its cap to 100 million for Payments -- Manesh Mahatme, Director-Payments, WhatsApp India, told IANS that the UPI has been an unquestioned success.
Samsung likely to expand use of recycled parts to repair smartphones
According to BusinessKorea, the company is considering introducing a manufacturer-certified recycled parts programme for mobile device repair in the first half of this year. The company is also looking to reduce burdens on consumers and negative impacts on the environment by using recycled materials, the report said.
Qualcomm tops global cellular IoT chip market
Qualcomm grew its share both annually and sequentially with traction across key segments and has broadened its portfolio of IoT solutions, targeting specific verticals like retail, automotive, industrial IoT and smart cities, according to Counterpoint Research. It has also launched an IoT services suite covering more than 30 verticals to enhance platform support for IoT-as-a-service (IoTaaS) applications and accelerator programmes (like smart cities).
PhonePe's Indus OS acquisition clears legal hurdles
"The joining of many important forces (Indus OS Founders, PhonePe, Samsung and AGPL) would anchor Indus OS in the next part of its value creation journey," the companies said in a statement. Indus OS was founded by IITians Rakesh Deshmukh, Akash Dongre, and Sudhir Bangarambandi in 2015. The company is known to make innovative products like Indus App Bazaar.
Samsung unlikely to ship Galaxy S22 FE, Galaxy S23 with MediaTek chipset
According to GizmoChina, some rumours had recently surfaced, which had hinted at the South Korean tech giant possibly moving to MediaTek chipsets. These Dimensity SoCs would reportedly power its upcoming Galaxy S22 FE model. Similarly, Korean media also added that the next generation Galaxy S23 series might also make the shift to MediaTek Dimensity chipsets.
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