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From $1 Billion to Almost Worthless: Faze Clan Runs Out of Hype
From $1 Billion to Almost Worthless: Faze Clan Runs Out of Hype
Three months after its July 2022 debut on the Nasdaq, FaZe Holdings Inc. threw an exclusive party at
2023-09-13 18:22
Introducing the All-New Fire Max 11: Amazon’s Biggest and Most Powerful Tablet Yet
Introducing the All-New Fire Max 11: Amazon’s Biggest and Most Powerful Tablet Yet
SEATTLE--(BUSINESS WIRE)--May 23, 2023--
2023-05-23 21:49
France's Atos posts lower Q3 revenue dragged by Tech Foundations unit
France's Atos posts lower Q3 revenue dragged by Tech Foundations unit
(Reuters) -French IT company Atos on Thursday reported lower third-quarter revenue as good performance at its Eviden division was offset
2023-10-26 13:58
How to preorder the iPhone 15
How to preorder the iPhone 15
UPDATE: Sep. 15, 2023, 9:30 a.m. EDT The iPhone 15 line is now available to
2023-09-15 22:59
Cyber Firm Check Point Buys Perimeter 81 in $490 Million Deal
Cyber Firm Check Point Buys Perimeter 81 in $490 Million Deal
Cybersecurity company Check Point Software Technologies Ltd. signed a deal to acquire Perimeter 81 for $490 million in
2023-08-10 23:47
Elon Musk's creator monetization program fails to convince many to pay for X Premium
Elon Musk's creator monetization program fails to convince many to pay for X Premium
Elon Musk's latest pitch to get people to sign up for X's (fka Twitter's) paid
2023-08-15 03:49
Top 5 high-earning streamers who raked in massive fortunes in 2023
Top 5 high-earning streamers who raked in massive fortunes in 2023
These top 5 streamers soar to wealth through popularity, strategic platforms, engaging audiences, amassing fortunes through streaming
2023-07-02 19:20
Britain Is Back-Pedaling on Boris’ Climate Legacy
Britain Is Back-Pedaling on Boris’ Climate Legacy
It’s November 2021, Boris Johnson is the prime minister of the UK, and he’s making a speech to
2023-07-28 13:25
Elon Musk’s X ordered to pay over $1m in legal fees for laid off Twitter execs
Elon Musk’s X ordered to pay over $1m in legal fees for laid off Twitter execs
Elon Musk’s X has been ordered by a judge to pay $1.1m in legal fees to its laid off former executives. Since Mr Musk’s takeover of X, the company formerly known as Twitter, the multibillionaire and X have faced a number of lawsuits. These include suits over the firm’s failure to pay its vendors and delays in paying rent for its office premises, as well as former employees suing Twitter alleging they were laid off without adequate notice. On Tuesday, Delaware Chancery Court judge Kathaleen St J McCormick ruled in favour of the company’s ex-chief Parag Agrawal and said X must pay $1.1m in legal fees linked with probes of the platform during Mr Musk’s 2022 takeover, Bloomberg first reported. After buying out the microblogging platform in November last year, the Tesla titan fired Mr Agrawal and Twitter’s then-lead policy officer Vijaya Gadde as well as a number of other executives. Mr Agrawal and Ms Gadde then sued Twitter/X for failing to pay for their legal bills, including for the latter’s appearance before the House Committee on Oversight and Reform. The lawsuit filing alleged the company paid only about $600,000 of what it owes, withholding $1.1m in fees for its lawyers’ work representing the former executives in an inquiry on the role played by social media on US elections. The filing alleged Twitter/X “breached the agreements and contravened the bylaws” by not paying the former staff. The latest ruling by the Delaware court judge observed that X “violated its duties to cover legal expenses generated by their work for the company”. While acknowledging that $1.1m is a lot of money, the judge still ruled in favour of the former Twitter executives. “I have reviewed the amount in question, and although it is high and probably higher than most humans would like to pay, it’s not unreasonable,” judge McCormick was quoted as saying by Bloomberg. X did not immediately respond to The Independent’s request for comment. The company is also being sued over its rebrand to X by an ad agency also named X, alleging the social media platform’s new name violates Florida common law because of “unfair competition and trademark and service mark infringement”. Read More Elon Musk’s mockery of Ukraine president Volodymyr Zelensky ‘unhelpful’ Elon Musk’s X Corp sued by another social network company named X ‘Reckless’ Elon Musk hit with $1m lawsuit for accusing student of being in Proud Boys ‘false flag’ attack Elon Musk’s X Corp sued by another social network company named X Elon Musk to live stream himself gaming on X in ‘everything app’ bid Musk confirms he is cutting election integrity staff from X/Twitter ahead of 2024
2023-10-04 12:47
China bans major chip maker Micron from key infrastructure projects
China bans major chip maker Micron from key infrastructure projects
It is China's first major move against a US chip maker, as tensions increase between Beijing and Washington.
2023-05-22 10:50
Vatican comes to Nasa's aid in historic space mission
Vatican comes to Nasa's aid in historic space mission
A Vatican astronomer has come to the help of NASA with a historic mission to study an asteroid. Meteorite expert and Vatican astronomer, Jesuit Brother Bob Macke, came to the aid of the US space agency after building a custom device that would allow the study of material of a sample collected from an asteroid. The mission is that of the unmanned spacecraft, Osiris-Rex, which was launched in 2016 in order to collect samples on an asteroid named Bennu. Bennu is located close to Earth and Osiris-Rex successfully collected a cup of material from the asteroid in 2020. Now, the vessel is approaching Earth and is due to release the sample in a return capsule on 24 September before continuing its orbit of the sun. Macke was contacted by the lead of the mission’s sample analysis working group, Andrew Ryan, who asked him to build the device that was needed in order to analyse the sample of the Bennu asteroid. The device has been devised so that it can analyse the density and porosity of the samples to help identify the make up of the asteroid surface. It is known as a pycnometer and NASA has strict requirements for the device, though other companies contacted were not willing to custom make one. Macke, however, took up the task and was able to build it in five weeks thanks to the assistance of students at the University of Arizona who collaborate with the Vatican Observatory’s advanced technology telescope in Tucson. In March it was delivered to the NASA Johnson Space Center in Houston for a test run and is hoped to be used for the real thing when the sample arrives from space. Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-09-19 22:27
American Banker Names Regions Bank’s Dr. Chun Schiros Among Most Powerful Women in Banking: Next
American Banker Names Regions Bank’s Dr. Chun Schiros Among Most Powerful Women in Banking: Next
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jul 20, 2023--
2023-07-20 21:16