China Announces 3-Member Crew for Shenzhou-14 Spacecraft to Be Launched on June 5

China Announces 3-Member Crew for Shenzhou-14 Spacecraft to Be Launched on June 5

China on Saturday unveiled a three-member astronaut crew that will travel by the Shenzhou-14 spacecraft on a six-month mission to complete the construction of the country’s space station currently orbiting the earth. The Shenzhou-14 spacecraft carrying astronauts Chen Dong, Liu Yang and Cai Xuzhe will dock with the Tiangong space…

Elon Musk’s Twitter Deal Faces Strong Opposition as Advocacy Groups Launch Campaign to Stop Acquisition

Elon Musk’s Twitter Deal Faces Strong Opposition as Advocacy Groups Launch Campaign to Stop Acquisition

Advocacy groups on Friday launched a campaign to stop Elon Musk from buying Twitter as the proposed purchase cleared review by US antitrust authorities. Twitter said that the deal for Musk to acquire the company was a step closer to being sealed with the passing of a deadline for it…

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

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…

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

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

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

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

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

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…

Tether Co-Founder Thinks TerraUSD Crash Could Be the End for Algorithmic Stablecoins

Tether Co-Founder Thinks TerraUSD Crash Could Be the End for Algorithmic Stablecoins

The collapse of the algorithmic stablecoin TerraUSD has raised questions about the future survival of similar crypto assets and Tether co-founder Reeve Collins believes that the UST crash could spell the end of most algorithmic stablecoins, if not all. In an interview at the World Economic Forum in Davos, Reeves…

Oppo Reno 8 Lite 5G With Snapdragon 695 5G SoC, 64-Megapixel Rear Cameras Launched: Price, Specifications

Oppo Reno 8 Lite 5G With Snapdragon 695 5G SoC, 64-Megapixel Rear Cameras Launched: Price, Specifications

Oppo Reno 8 Lite 5G has launched in Spain this week. The new Oppo phone, which is a tweaked version of the Oppo F21 Pro 5G earlier launched in India, comes with features including a 60Hz display and triple rear camera setup led by a 64-megapixel main sensor. The new…