Within hours of launch, Threads accounts were posting about the Illuminati and “billionaire satanists,” while other users compared each other to Nazis and battled over everything from gender identity to violence in the West Bank.
Ant Group on Saturday announced a surprise share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let some investors exit after a lengthy regulatory overhaul of the firm.
Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company.
Malaysia’s Prime Minister Anwar Ibrahim on Friday said he will meet Elon Musk, CEO of Tesla and owner of Twitter, to discuss the billionaire’s investment in the Southeast Asian nation.
Researchers at India’s AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter.
Tesla wants the Biden administration to finalize more stringent vehicle emissions limits than those proposed in April by the Environmental Protection Agency (EPA), putting the automaker at odds with other manufacturers.
Shares of Rivian Automotive surged more than 18% on Friday as it continued to rally after the electric vehicle (EV) maker reported better-than-expected quarterly deliveries early this week.
India’s metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan’s Foxconn that was set up to make semiconductors.
