TECHNOLOGY
Twitter urges shareholders to approve sale to Musk in revised proxy filing
Twitter said in a proxy filing with the Securities and Exchange Commission (SEC) on Friday that it is inviting shareholders to attend a special meeting at an unspecified date to vote on a proposal to adopt the original acquisition plan made in late April, reports CNBC. "We are committed to closing the merger on the price and terms agreed upon with Mr. Musk," the company was quoted as saying in the filing.
Musk seeks Twitter trial in early 2023, Agrawal wants 4 days to prove him wrong
While terminating his $44 billion Twitter takeover deal, Musk argued that the Parag Agrawal-headed micro-blogging platform is hiding the true number of fake/spam accounts on its platform. In a new court filing first reported by Bloomberg, Musk's lawyers have said that Twitter officials are unfairly pushing for a "warp speed" trial.
LinkedIn co-founder defends Elon Musk against Trump
Hoffman shared his thoughts about the Musk versus Trump issue in a Twitter thread and said he wasn't surprised that Musk was being attacked by the former President and compared the two men's reputations, reports Teslarati. He added that he supports people working to build a better future for the US and the world. "Not surprised to see Trump's attacks on Elon Musk. Elon's a classic immigrant story - an entrepreneur with a real record of success.
Potential iPhone 14 demand continues to grow in China: Report
In a tweet, analyst Ming-Chi Kuo said that his continued conversations with distributors, retailers, and scalpers in China has led him to believe that "potential demand for the iPhone 14 series is continuing to increase," reports AppleInsider. According to Kuo, this is likely because Apple "almost dominates" the high-end smartphone market in China after Huawei exited the 5G market in the wake of a US ban that left the company unable to source many of its core components and technologies.
WhatsApp may soon let you post voice notes on status updates
"WhatsApp is planning to extend the functionality of status updates by adding the support for voice notes," as per the report. A voice note shared as a status update may be called "voice status". The feature will only be shared with the people you choose within your status privacy settings, and the voice note will be end-to-end encrypted as other images and videos shared to your status.
Airtel deploys India's 1st private 5G network amid heated industry debate
The on-premise 5G Captive Private Network was built over the trial 5G spectrum allocated by the Department of Telecom (DoT). Airtel said it has implemented two industrial grade use cases for quality improvement and operational efficiency at Bosch's manufacturing facility, utilising the trial spectrum.
New Instagram tools to better connect creators with subscribers
The company said it began testing subscriptions earlier this year as a way for creators to establish a closer connection with their community while earning predictable, monthly income. "We have expanded access to subscriptions across the US and heard the feedback that more ways to share content and foster community would provide even more value to your subscribers while increasing your earning potential.''
Non-game apps now dominate Apple App Store for 1st time
According to Sensor Tower, spending in non-games has grown at more than twice the rate as games on App Store in the US, with a compound annual growth rate of 40 per cent since June 2014. The total revenue generated by non-game apps was higher for the quarter, reaching nearly $3.4 billion on the US App Store, compared with $3.3 billion spent on mobile games.
Blockchain platform 5ire raises $100 million, becomes 105th unicorn in India
The company said that the funds raised will be utilised for business expansion and extending 5ire's footprint across Asia, North America and Europe, with India as the hub of operations and core area of focus. "Becoming the world's first and only sustainable unicorn born out of India, in just 11 months, is testimony that we are on the right path.
Facebook tests way to add up to 5 profiles via single account
The platform said the test allows users to dedicate different profiles to specific groups they want to connect with, such as one dedicated Facebook feed exclusive to their friends and another one just for their coworkers, reports TechCrunch. Users, who are part of the test, will be able to switch between their different profiles in a few taps.
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