Twitter Says US Antitrust Waiting Period for Musk’s Acquisition Ended, Deal Now Subject to Closing Conditions

Twitter Says US Antitrust Waiting Period for Musk’s Acquisition Ended, Deal Now Subject to Closing Conditions

ByNews Polite

Twitter said on Friday that the US antitrust waiting period for Elon Musk’s $44 billion (roughly Rs. 3,41,855 crore) acquisition of the social media giant had expired, indicating it had dodged a lengthy review of the proposed deal. With the expiration, completion of the deal is now subject to remaining…

Highlights From the Second Day of Queen Elizabeth II’s Platinum Jubilee
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Highlights From the Second Day of Queen Elizabeth II’s Platinum Jubilee

ByNews Polite

Great Paul, cast in the late 1800s, weighs over 16 tons.Credit…Hulton-Deutsch Collection/Corbis, via Getty Images LONDON — The history of Great Paul, the St. Paul’s Cathedral bell that was rung for a service commemorating Queen Elizabeth II’s Platinum Jubilee celebration on Friday, is one of toil and grandeur. It is…

Micron Downgraded to ‘Underweight’ Rating as PC, Mobile Demand Slows With Inflation

Micron Downgraded to ‘Underweight’ Rating as PC, Mobile Demand Slows With Inflation

ByNews Polite

Micron Technology’s stock received a rare “underweight” rating from a brokerage due to the memory-chip maker’s heavy exposure to mobiles and PCs at a time when rising inflation forces consumers to rein in spending. Micron shares were down about 6 percent at $71.18 (roughly Rs. 5,530) in early trading on…

New York Legislators Pass Bill to Limit Cryptocurrency Mining Operations Burning Fossil Fuels

New York Legislators Pass Bill to Limit Cryptocurrency Mining Operations Burning Fossil Fuels

ByNews Polite

New York lawmakers have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels. Both supporters and opponents say that the closely watched bill, approved early Friday by the state Senate, is the first of its kind in the…

FTC Reports Over 46,000 People Lost More Than Billion in Cryptocurrency Scams Since 2021

FTC Reports Over 46,000 People Lost More Than $1 Billion in Cryptocurrency Scams Since 2021

ByNews Polite

More than 46,000 people reported losing over $1 billion (roughly Rs. 7,770) in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in a scam said it started with an ad, post…

Amazon Consumer Business CEO Dave Clark Resigns After 23 Years of Service, Replacement to Be Named Soon

Amazon Consumer Business CEO Dave Clark Resigns After 23 Years of Service, Replacement to Be Named Soon

ByNews Polite

Dave Clark, the executive who made Amazon.com Inc into a worldwide delivery behemoth, is stepping down as chief executive of the online retailer’s consumer business to pursue other opportunities, the company said on Friday. Amazon CEO Andy Jassy said he expects to name a replacement in the next few weeks…

Opinion | The Imperial Fictions Behind the Queen’s Platinum Jubilee
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Opinion | The Imperial Fictions Behind the Queen’s Platinum Jubilee

ByNews Polite

Were empire thrown overboard, much of the monarchy’s symbolic power would have gone with it. From her first prorogation of Parliament, Queen Elizabeth II, like her predecessors, affirmed old imperial fictions and cultivated new ones. This was her prescribed role, her monarchical duty. She reminded her grieving nation of its…

Ethiopia’s worst drought threatens ‘deadly consequences’ for women — Global Issues

Ethiopia’s worst drought threatens ‘deadly consequences’ for women — Global Issues

ByNews Polite

More than 286,000 people have been driven from their homes in the region after crops failed and animals died due to the drought and over 1100 schools are either fully or partially closed, leaving young girls especially vulnerable to sexual and physical violence and coercion, child labour and early marriage….