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Friday, May 20, 2022

Mercedes sold world’s most expensive car for $142 million

Berlin (The Times Groupe)- Mercedes-Benz announced Thursday that it recently sold the world's most expensive car. Mercedes-Benz sold a very rare 1955 SLR coupe in its collection to a private owner for €135 million, the equivalent of $142 million. Among the most expensive cars ever sold, it is the most expensive car Hagerty has ever tracked.

Canada bans China’s Huawei Tech from 5G networks

Toronto (The Times Groupe)- Canadian wireless carriers will not be allowed to use Huawei equipment in their high-speed 5G networks, the government announced Thursday, joining allies in banning the giant Chinese technology company.

Turkish lira weakens for 8th day beyond 15.6 vs dollar

Ankara (The Times Groupe)- The Turkish lira slid 1% to beyond 15.65 against the US dollar on Monday, slipping towards the record-low levels it reached in December following a series of interest rate cuts, while a key measure of risk spiked to a record high.

Tech

Canada bans China’s Huawei Tech from 5G networks

Toronto (The Times Groupe)- Canadian wireless carriers will not be allowed to use Huawei equipment in their high-speed 5G networks, the government announced Thursday, joining allies in banning the giant Chinese technology company.

Mercedes sold world’s most expensive car for $142 million

Berlin (The Times Groupe)- Mercedes-Benz announced Thursday that it recently sold the world's most expensive car. Mercedes-Benz sold a very rare 1955 SLR coupe in its collection to a private owner for €135 million, the equivalent of $142 million. Among the most expensive cars ever sold, it is the most expensive car Hagerty has ever tracked.

Belgium confirms 2nd monkeypox case in less than 24 hours

Brussels (The Times Groupe)- The Belgian health authorities held an emergency meeting on Friday following the detection of the second monkeypox case within 24 hours in the country.

Canada bans China’s Huawei Tech from 5G networks

Toronto (The Times Groupe)- Canadian wireless carriers will not be allowed to use Huawei equipment in their high-speed 5G networks, the government announced Thursday, joining allies in banning the giant Chinese technology company.

U.S. Monkeypox case reported, as U.K., Europe report infections in growing outbreak

Europe (The Times Groupe)- In the United States, a case of Monkeypox has been confirmed in a person who traveled to Canada recently. As of yet, no one knows if the man, who lives in Massachusetts and traveled to Canada by car, is connected to the Monkeypox outbreak in Europe.

Canada bans China’s Huawei Tech from 5G networks

Toronto (The Times Groupe)- Canadian wireless carriers will not be allowed to use Huawei equipment in their high-speed 5G networks, the government announced Thursday, joining allies in banning the giant Chinese technology company.

Musk says Twitter deal cannot move forward until he has clarity on fake account

New York (The Times Groupe)- Elon Musk says he will not purchase Twitter for $44 billion until he knows how many accounts are fake.

Iran ranks 83rd in the World for Digital Quality of Life Index 2021

Tech (Times Of Ocean)- The third annual edition of the Digital Quality of Life Index (DQL) ranks Iran 83rd among 110 countries. Covering 90% of the global population, the DQL study is conducted by the cybersecurity company Surfshark and evaluates countries based on a set of five fundamental digital wellbeing pillars. Iran, however, scores slightly better in the affordability category (31) than in the quality category (94), the e-infrastructure category (68), the e-security category (93) and the e-government category (81).

Microsoft unveils Russian cyberattacks against Ukraine

New York (Times Of Ocean)- Microsoft, a multinational technology company headquartered in the US, announced Wednesday that Russia has conducted cyberattacks against Ukraine in conjunction with its military action.

Elon Musk taking Twitter private in $44 billion deal

New York (Times Of Ocean) - The world's richest man Elon Musk has agreed to buy Twitter for $44 billion in cash in a deal that will shift control of the social media platform populated by millions of users and global leaders to him.

Twitter to accept Musk’s $43 billion offer

New York (Times Of Ocean) - Twitter Inc (TWTR.N) is expected to agree a sale to Elon Musk for around $43 billion in cash, the price Musk has called his "best and final" offer for the company, people familiar with the matter said.

Elon Musk Secures $46.5 Billion to Buy Twitter

San Francisco (Times Of Ocean)- Elon Musk has secured funding commitments of $46.5 billion to buy Twitter Inc. and plans to begin a tender offer for its shares, a filing with the Securities and Exchange Commission showed on Thursday.

Judge rules Musk’s tweets over taking Tesla private were false

San Francisco (Times Of Ocean)- Tesla (TSLA.O) investors lawsuit against their CEO Elon Musk for false tweets in 2018 indicating that financing had been secured to take the company private has been ruled false by a federal judge.

Twitter Adopts Poison Pill to Block Musk

New York (Times Of Ocean)- Twitter on Friday adopted a poison pill to stop Elon Musk, a 9.2% shareholder, from significantly increasing his stake in the social media platform.

Elon Musk offers to buy Twitter for $41 billion

New York (Times Of Ocean)- As part of his plan to bring "free speech around the world," Elon Musk has made a bid to buy Twitter for $41 billion.

Huawei suspends some Russian operations, fuloughs Russia staff

Beijing (Times Of Ocean)- Chinese telecoms giant Huawei Technologies Co is preparing to withdraw from Russia by furloughing some local employees and suspending new contracts with operators, Forbes Russia reports.

Elon Musk not joining Twitter’s board: CEO

San Francisco (Times Of Ocean)- Elon Musk has opted not to join Twitter's board of directors, the social media platform's CEO announced late Sunday night.

Elon Musk suggests Twitter will change alot after joining board of directors

California (Times Of Ocean)- Elon Musk, Tesla's CEO, announced "significant improvements" were coming to Twitter after Parag Agrawal, the company's chief executive, announced they are adding Musk to their board of directors despite his status as the organization's largest shareholder.

Russia is responsible for GPS jamming in Europe

Paris (Times Of Ocean)- France's top air safety official blames Russia for recent GPS jamming incidents over Finland, the Baltic Sea and near Russia's Kaliningrad exclave.

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