Rude Baguette
Twitter sues Elon Musk, holding him to a $44 billion deal
On Tuesday, Twitter sued Elon Musk for violating his $44 billion deal to purchase Twitter and told a Delaware court to order him to finish the merger at the concluded $54.20 per Twitter share. The complaint says “Musk believes that he, unlike every other party subject to Delaware contract law, is free to change his […]
PepsiCo increases revenue forecast as it implements price hikes and smaller sizes to fight rising costs.
On Tuesday, PepsiCo increased its year revenue outlook as inflation raised prices while users paid more for its Gatorade drinks and Doritos chips. With the anticipation of rising higher costs in the second half of the year, the company plans to keep reducing product sizes and introducing other means to control rising expenses. According to […]
Leaked Uber files show records of lobbying, lawbreaking, and exploiting violence against drivers
Tens of thousands of leaked confidential files have revealed a history of lobbying, lawbreaking, and exploiting violence against drivers. The record shows a treasure trove of unlawful and sketchy altitudes from Uber. The files were initially shared with the International Consortium of Investigative Journalists and The Guardian. They showed that Uber has knowingly broken laws […]
How Smart Textiles sense their user’s movement
With a novel fabrication procedure, MIT researchers have designed smart textiles, which conform to the body so they could sense the wearer’s motions and posture. The researchers used the process of thermoforming. By adding a unique kind of plastic yarn and incorporating heat to slightly melt it, the researchers greatly increase the precision of pressure […]
Is Web3 Decentralization Debate Focused on the Wrong Question?
Web3 has become an exciting term for the vision of a better, new internet. It has also become a subject of debate on diverse fonts. One of the trends now is whether the Web3 decentralization debate has been focused on the wrong question. There’s a belief that concentrating on the degree instead of the kind […]
Headline raises €320 million to fund early-stage startups in Europe
Headline, the San Francisco and Berlin-based VC company, has raised its 7th European fund of €320 million to extend support to the continent’s startups from seed to Series A, paying attention to follow-on fundings. The firm plans to invest in 10 new start-ups yearly in Europe with a ticket size of €1-15 million. It focuses […]
Capitol Hill braces for big tech showdowns
Representatives and advocates for some biggest tech giants are scrambling to prevent key legislation from enacting at Capitol hill before it’s too late. Over the past few days, there has been a battle over big tech bills. It’s now going down the wire. Representatives and advocates for some biggest tech giants are scrambling to prevent […]
My garlic for homes, how China struggles to revive its property industry
China’s real estate sector is struggling to recover as non-Covid policies, and developer debt wears down buyer’s demand. The food-for-property barter replicates rising desperation among property builders after a fall in the trade caused by Covid-19, financial slowdown, and central authority insurance policies. The property builders and provincial officers have been counting on 100mn city […]
Germany sets to return 1,130 stolen Benin bronzes to West Africa
In 1897, over 1,000 sculptures and artifacts were stolen from the royal palace in Benin state during the colonial era. This occurred during an expedition organized by the Britains. Due to the law of dispersion, the monumental figures were scattered all over Europe. Tracking down these sculptures proved futile. A considerable amount of these sculptures […]
Inheritance: An important issue not many Crypto HODLers are giving much attention to
There’s now a popular observation in the Crypto space that several Crypto HODLers and traders aren’t paying attention to inheritance and death, partly because they’re mostly young. It’s but a few that have mapped out an inheritance plan to ensure their loved ones could access their assets after death. According to kuCoin CEO Jonny Lyu, […]