Elon Musk reportedly took out a $1bn loan from his company SpaceX the same month that he acquired Twitter, now known as X, according to theWall Street Journal. SpaceX approved the loan – which was secured by some of his stock in the company – in October 2022, according to the Journal. That same month, Mr Musk drew all of it down. The SpaceX founder returned the $1bn – with interest – to the company one month later, the Journal reported. It’s unclear why the richest person in the world now and in October 2022, when he took over the social media giant, took out the loan. He bought the social media company for $44bn, which seemed to contribute to him losing that top slot, until he was renamed the world’s richest person in June 2023. The publication also noted that in November 2022, when he repaid the loan, Mr Musk sold $3.95bn in shares in another one of his companies, Tesla. The following month, he sold another $3.58bn in Tesla stock. That year in total, Mr Musk had sold nearly $23bn worth of Tesla stock since April – fuelling speculation that the funds were likely going toward his social media platform acquisition. This isn’t the first time that Mr Musk has taken out money from one of his ventures to aid another. In 2009, Mr Musk reportedly borrowed $20m from SpaceX to support Tesla. More recently, in 2015 and 2016, SpaceX poured $330m in bonds into his solar panel company SolarCity. Tesla ended up acquiring SolarCity in 2016. SpaceX has recently come under fire, as the Justice Department sued the company last month for alleged hiring discrimination practices. SpaceX’s “discriminatory hiring practices were routine, widespread, and longstanding, and harmed asylees and refugees,” the filing stated. The Independent has reached out to SpaceX for comment. Read More Starship ‘ready to launch’, Elon Musk says Elon Musk calls Burning Man ‘best art on Earth’ amid chaos that saw thousands stranded and one dead Elon Musk vows to sue ADL for calling him antisemitic after he promoted antisemitic campaign on X

SIDNEY, Ohio--(BUSINESS WIRE)--Aug 9, 2023--

The Kitana Melee skin comes out on July 12 with the launch of Valorant in China. Although its price is currently unknown, we do know the weapon is region-locked.

The iPhone 15 could bring major changes to the battery life and charging speed of Apple’s handsets, according to new reports. The new phones could be charged at up to 35W speeds, according to a report from 9to5mac. That would allow the device to charge far more rapidly than its predecessors: the iPhone 14 Pro is limited to 27W, while the normal iPhone 14 is capped at 20W. Multiple rumours have suggested that Apple will be swapping the charging port in the bottom of the phone from the existing Lightning cable to USB-C, at least in some models. That could allow for the additional charging speeds. But that might also mean that the Pro and non-Pro versions of the upcoming device could charge at different speeds. Some rumours have suggested that all the new Apple devices will have the new port, but that some of its capabilities will be restricted to the more expensive Pro models, since they will have Thunderbolt built in. The charging might also require certified cables, rather than any USB-C wire. While the ports on the end of all USB-C cables are the same, the technology inside both the plugs and the wires themselves can be vastly different. The new charging rumours come after a run of reports suggesting that the iPhone 15 could come with increased battery capacity, too. Rumours have suggested that the devices could come with up to 18 per cent larger batteries. Alongside those changes, Apple is said to be preparing to bring a new hardware button to the side of the iPhone, improved cameras, and better chips – but, again, only for those premium, Pro models. Apple is widely expected to reveal the new phones in the second week of September, with them going on sale a week and a half later. As usual, it will probably do so from a livestreamed event hosted at its California campus. Around the same time, Apple will also make its upcoming iOS 17 update available, which comes with a wide array of new updates and a potentially controversial new change to the button used to put down the phone. Apple’s iPhone batteries have been the subject of a number of critical stories in recent weeks. Some have suggested that the most recent iPhone 14 Pro models are losing their battery capacity more quickly than predecessors, and the company is sending out payments to customers affected by Apple’s “batterygate” controversy. Read More iPhone owners to receive payouts from Apple iPhone 15: Global smartphone demand collapses as Apple aims to take top spot Something unexpected is happening to people’s iPhone 14s, owners claim

Despite the swirling controversies, Andrew Tate's fanbase remains staunchly loyal, continuing to support the former kickboxer amidst the storm

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From vertical mice to trackballs to laser-pointer-style pen mice, you can find a slew of

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A federal appeals court has expanded the scope of a ruling that limits the Biden administration's communications with social media companies, saying it now also applies to a top US cybersecurity agency.

Security researchers have discovered a USB propagating “worm” developed by state-backed Russian hackers to infect Ukrainian targets, which they warn is now spreading globally. The LitterDrifter worm automatically spreads malware via a hidden file within USB drives, with a victim’s data then transmitted back to the attackers. Cyber security firm Check Point Software described the malware as “a unique player in the Russian espionage ecosystem”, designed to collect data and spy on communications. The method of its distribution via removable USB drives means it is difficult to contain the worm to just the intended targets, according to the researchers. “Due to the nature of the USB worm, we see indications of possible infection in various countries like the US, Vietnam, Chile, Poland and Germany,” Check Point researchers wrote in a blog post detailing the threat. “In addition, we’ve observed evidence of infections in Hong Kong. All this might indicate that much like other USB worms, LitterDrifter have spread beyond its intended targets.” The Security Service of Ukraine (SSU) said the campaign had been identified as originating from personnel within Russia’s Federal Security Service (FSB). Since Russia’s invasion of Ukraine last year, the Ukrainian government has been under “near-constant digital attack”, according to Google’s Shane Huntley, who is a senior director at the tech giant’s threat analysis group. “Russian government-backed attackers have engaged in an aggressive, multi-pronged effort to gain a decisive wartime advantage in cyberspace, often with mixed results,” Mr Huntley wrote in a July post. Cyber attacks have also been perpetrated against Nato partners and Ukraine’s allies, witch such attacks increasing in 2023. Ukraine’s National Cybersecurity Coordination Center (NCSCC) recently revealed that Russian-backed hackers have been targeting European embassies. The latest discovery demonstrates how targeted attacks can easily spread globally when distributed in such a manner. “It leverages simple, yet effective techniques to ensure it can reach the widest possible set of targets in the region,” the Check Point researchers noted. “It’s clear that LitterDrifter was designed to support a large-scale collection operation.” Read More Tiny solar-powered van unveiled in Japan Democrats accuse Elon Musk and X of profiting from Hamas propaganda OpenAI reaches deal with Sam Altman to return as chief executive Tiny solar-powered van unveiled in Japan Democrats accuse Elon Musk and X of profiting from Hamas propaganda OpenAI reaches deal with Sam Altman to return as chief executive

(Reuters) -Ford Motor said on Monday it would add more of Tesla's Superchargers to its electric-vehicle charging network, higher than

There’s fresh evidence from the FTSE 100 today of quite how vulnerable retailers are to unpredictable weather. High