Elon Musk’s SpaceX Reportedly Looking to Raise $1.7 Billion in Fresh Funding

Elon Musk’s SpaceX Reportedly Looking to Raise $1.7 Billion in Fresh Funding

Aerospace firm SpaceX is looking to raise $1.7 billion (roughly Rs. 13,192 crore) in fresh funding, a massive initiative as its controversial founder Elon Musk continues to make news, television channel CNBC reported Sunday. Citing a company-wide email the network said it obtained, CNBC reported the space travel pioneer would…

Elon Musk-Twitter Deal Is a ‘Breath of Hope’, Says Brazilian President Jair Bolsonaro

Elon Musk-Twitter Deal Is a ‘Breath of Hope’, Says Brazilian President Jair Bolsonaro

Brazilian President Jair Bolsonaro called Elon Musk’s proposed takeover of Twitter a “breath of hope” as the two met in Brazil on Friday, adding he hoped the US billionaire would help end the “lies” about his widely criticised stewardship of the Amazon rainforest. Bolsonaro and Musk, the CEO of electric carmaker…

Elon Musk’s SpaceX Said to Become Most Valuable US Startup, Valuation Rises to $125 Billion

Elon Musk’s SpaceX Said to Become Most Valuable US Startup, Valuation Rises to $125 Billion

Billionaire Elon Musk’s SpaceX is poised to become the most valuable US startup as its valuation rose to over $125 billion (roughly Rs. 9,68,906 crore) in an ongoing share sale in the secondary market, sources familiar with the matter told Reuters. The shares, which are marketed at about $72 (roughly…

Twitter Doesn’t Believe in Free Speech, Hates Elon Musk Takeover: Secret Recording

Twitter Doesn’t Believe in Free Speech, Hates Elon Musk Takeover: Secret Recording

Twitter does not believe in free speech and people working at the company hate ‘hated’ Elon Musk’s $44 billion (roughly Rs. 3,41,910 crore) bid to take control of the company, said a man, who is being described as a senior engineer with the social media giant. An American far-right activist…

Facebook, Twitter, Google, Other Tech Firms Ask US Supreme Court to Block Texas Social Media Law

Facebook, Twitter, Google, Other Tech Firms Ask US Supreme Court to Block Texas Social Media Law

Lobbying groups representing Facebook, Twitter, Google and other tech companies filed an emergency request with the US Supreme Court on Friday, seeking to block a Texas law that prohibits large social media platforms from banning users based on their political views. The Texas law went into effect on Wednesday when…

Koo Says Aiming to Overtake Twitter’s User Base in India Within a Year

Koo Says Aiming to Overtake Twitter’s User Base in India Within a Year

Amid the buzz over Elon Musk’s proposed takeover of Twitter, India’s homegrown microblogging platform Koo is aiming at overtaking it in the country within a year in terms of user base, which has seen a rapid growth, a senior company official said. Started in March 2020, the social media platform…

Researchers in Spain Develop Algorithm That Can Identify Unhappy Users and Their Mental Health on Social Media

Researchers in Spain Develop Algorithm That Can Identify Unhappy Users and Their Mental Health on Social Media

Our updates on social media gives world an insight into our personality in general and our needs and perspectives on those issues in particular. But what if there’s also a way to judge how we were feeling exactly at the time we shared an image, a video or any other…

Elon Musk’s ‘Tesla Funding Secured’ Tweet Inaccurate and Reckless, Says Court

Elon Musk’s ‘Tesla Funding Secured’ Tweet Inaccurate and Reckless, Says Court

A court said that Elon Musk’s 2018 tweets that funding was secured to take Tesla private was inaccurate and reckless, saying “there was nothing concrete” about financing from Saudi Arabia’s sovereign wealth fund at that time. The decision by US District Judge Edward Chen of San Francisco is a major…

Elon Musk to Meet EU Industry Chief Thierry Breton Today to Discuss Free Speech, Global Supply Chain Issues

Elon Musk to Meet EU Industry Chief Thierry Breton Today to Discuss Free Speech, Global Supply Chain Issues

EU industry chief Thierry Breton will meet Tesla boss Elon Musk in Texas on Monday to discuss global supply chain issues and the bloc’s newly agreed rules requiring tech giants to do more to police online content, Breton’s spokesperson said. The meeting comes weeks after the world’s richest man clinched…

Elon Musk to Meet EU Industry Chief Thierry Breton Today to Discuss Free Speech, Global Supply Chain Issues

Elon Musk to Meet EU Industry Chief Thierry Breton Today to Discuss Free Speech, Global Supply Chain Issues

EU industry chief Thierry Breton will meet Tesla boss Elon Musk in Texas on Monday to discuss global supply chain issues and the bloc’s newly agreed rules requiring tech giants to do more to police online content, Breton’s spokesperson said. The meeting comes weeks after the world’s richest man clinched…