Search results for "SpaceX"

Twitter Queries Banks on Musk's Attempts to Undermine $44 Billion Deal

Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while also looking into his motivation for backing out of the deal, legal experts said. Twitter sent dozens of civil subpoenas this week to global banks such as units […]

Space Perspective Balloon: Improving Space Tourism Access

One of a select few businesses, the Space Perspective balloon solution intends to reduce the price of space travel by eliminating the need for rocket fuel, making space tourism slightly more accessible. The Spaceship Neptune, a pressurized capsule that would carry tourists to the furthest reaches of space but not officially into space, has just […]

Elon Musk's Take on the Metaverse

Two currents that are said to revolutionize the digital world are the Metaverse and Web 3. Elon Musk, the world’s richest man, is not a fan of either. As the CEO of SpaceX and Tesla, Elon Musk’s take on the Metaverse was made quite clear in his interviews and tweets. He couldn’t envision a compelling use-case […]

Bridging the Geographical Digital Divide

How Can Telcos Help Solve Rural Connectivity? Access to the internet is still an issue for many people across the globe — the most recent data collected by DataReportal revealed that just over 40 per cent of the world’s total population don’t have it. In a world where digitalisation is gaining traction, internet connection is often perceived as […]

Sony to Build Space Lasers with New Satellite Services Unit

Sony on Thursday said it formed a new company that will build and supply devices that allow small satellites in orbit to communicate with one another via laser beams, dipping into the fast-growing space sector. Sony Space Communications Corp, registered on Wednesday, is meant to take advantage of laser technology to avoid a bottleneck of […]

Factbox-How is Elon Musk Funding his $44 Billion Offer to Buy Twitter

Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N). From Oracle Corp’s (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight […]

Factbox-From Outer Space to Social Media, Elon Musk's Growing Universe

Twitter Inc is poised to accept billionaire Elon Musk’s “best and final” $43 billion takeover offer, people familiar with the matter told Reuters on Monday. This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal. Earlier in April, the social media company had […]