Billionaire Elon Musk wants to end his $44 billion deal to buy Twitter. Musk’s lawyer claimed Twitter failed to comply with its obligations in the merger agreement. Twitter’s board chair Bret Taylor said the company is still committed to closing the deal at the agreed-upon price and plans to pursue legal action to enforce the agreement.
Twitter reportedly cut 30 percent of its talent acquisition team. The company had previously announced a partial hiring freeze as it attempts to cut costs. Elon Musk has threatened to pull out of Twitter's acquisition of the social network. The Washington Post reported Thursday that the deal was in "serious jeopardy"
State-sponsored North Korean hackers have been targeting healthcare providers since May 2021. They've been using a malware called Maui to encrypt computers and demand payment to unlock them. The FBI, the Cybersecurity and Infrastructure Security Agency (CISA) and the Department of the Treasury issued a joint advisory.
Twitter has started testing a new feature that lets users co-author tweets. Select accounts in the U.S., Canada and Korea now have access to the feature. Twitter says it's testing CoTweets for a limited time to learn how people will use the feature to reach new audiences.
The EU regulation goes into effect today, but doesn't apply to cars in showrooms yet. By July 2024, every new car sold in the EU must have a built-in anti-speeding system. ISA systems can detect speed limits via front-mounted cameras, GPS data or both.
Apple announced Lockdown Mode on Wednesday, designed to fight targeted hacking attempts like the Pegasus malware, which oppressive governments reportedly used on human rights workers, lawyers, politicians, and journalists. The tech giant also announced a $10 million grant and up to $2 million bug bounty to encourage further research into this growing threat.
Supply chain constraints — including those related to semiconductors — have proven to be a major challenge for automakers in recent times. “We’re trying to keep delivery times short,” VW CEO Herbert Diess tells CNBC, “but we have a lead time of a year or so currently, so we are ramping up production.” German automotive giant’s focus on electric vehicles is a world away from the “dieselgate” scandal that rocked it in the 2010s.
Shares of Twitter fell after markets closed on Thursday following a report from The Washington Post that said billionaire Elon Musk’s deal to buy the company is in jeopardy. The deal was already in uncertain territory since Musk had demanded more information on the percentage of spam accounts on the platform. Twitter held a virtual briefing with reporters earlier on Thursday to explain how it determines which of the accounts on its platform are bots or spam accounts.
Reddit plans to release a series of blockchain-based “Collectible Avatars” in the coming weeks — but isn’t calling them NFTs. In a blog post, the company was also at pains to emphasize they would only be purchasable with government-issued fiat currencies.
A leading trade association for US banks has pushed back on the idea of a Fed-issued CBDC. The American Bankers Association, as well as a number of crypto policy organizations, recently wrote to the Commerce Department regarding the outlook for US competitiveness in digital assets.
A massive raft of renders, purporting to show off Samsung’s Galaxy Watch5 have made their way to the desk of 91Mobiles. The site reports that we’ll see two models, apparently confirming a higher-end Pro model that will top the range. That unit, codenamed Project X, will come in black or gray titanium and get a single case option, but users can opt for a version with, or without, LTE.