Reuters

Elon Musk, Who Runs Four Other Companies, Will Now Be Twitter CEO

Tesla Inc boss Elon Musk said on Monday he will serve as chief executive of Twitter, the social media company he just bought for $44 billion, a move that Wall Street analysts have said could stretch the billionaire thin. Musk, who also runs rocket company SpaceX, brain-chip startup Neuralink and tunneling firm the Boring Company, […]

U.S. Plans to Deploy B-52s to North Australia Amid China Tensions - Source

The United States is planning to deploy up to six nuclear-capable B-52 bombers to an air base in northern Australia, a source familiar with the matter said on Monday, amid heightened tensions with China. Dedicated facilities for the bombers will be set up at the Royal Australian Air Force’s remote Tindal base, about 300 km […]

Cyber Officials from 37 Countries, 13 Companies to Meet on Ransomware in Washington

The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cybercrime, including the illicit use of cryptocurrencies, a senior U.S. official said. The in-person meeting follows last year’s virtual inaugural meeting of the informal Counter-Ransomware Initiative, adding seven more […]

Zuckerberg to Testify in U.S. Case Against Facebook's Virtual Reality Deal

Meta Platforms Inc Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) that argues the company’s proposed deal to buy virtual reality (VR) content maker Within Unlimited should be blocked. In a court document filed with U.S. District Court Northern District of California on Friday, the FTC listed […]

Elon Musk Says Twitter Will Revise How It Verifies Users

Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world’s most influential social media platforms. “Whole verification process is being revamped right now”, Musk said in his tweet without giving more details. Twitter is considering charging for the coveted blue […]

Nasa’s UFO Panel Convenes to Study Unclassified Sightings

A first-of-its-kind panel organized by NASA opened a study on Monday of what the government calls “unidentified aerial phenomena,” commonly termed UFOs, bringing together experts from scientific fields ranging from physics to astrobiology. The 16-member panel, convened with little fanfare, will focus its inquiry entirely on unclassified sightings and other data collected from civilian government […]

Southeast Asia Internet Economy Forecast Cut on Economic Headwinds

Southeast Asia’s internet economy is expected to be worth $330 billion by 2025, though this a downgrade from a previous forecast due to economic uncertainty and more pressure on tech companies to make a profit, an industry report said on Thursday. The annual report, by Alphabet’s Google, Singapore state investor Temasek Holdings and global business […]

Exclusive-Tesla Faces U.S. Criminal Probe Over Self-Driving Claims-Sources

Tesla Inc is under criminal investigation in the United States over claims that the company’s electric vehicles can drive themselves, three people familiar with the matter said. The U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla’s driver assistance system Autopilot, […]

Samsung Defies Chip Downturn With Aggressive Supply and Capex Plans

Samsung Electronics said on Thursday its supply of memory chips will grow faster than its peers and its investments will proceed as planned, bucking the broader industry move to scale back output and spending amid growing recession fears. Samsung’s apparent confidence indicates it intends to use a sharp and sudden downturn in worldwide tech demand […]

China’s Huawei Slows Its Long Decline Under U.S. Sanctions as Revenues Improve

China’s Huawei Technologies reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it finds its footing after U.S. sanctions knocked its once mighty handset business. Huawei posted revenue of 445.8 billion yuan ($62.03 billion)for the first three quarters, 10 billion yuan less than it saw […]