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Elon Musk may be on the brink of achieving the impossible: Salvaging his $44 billion investment in X

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New York  I n October 2022, Elon Musk paid $44 billion to buy Twitter — almost certainly an overpayment — and he promptly made significant changes that plunged the company into chaos and sent its ad business and valuation into a tailspin. Two and a half years later, Musk appears close to pulling off a minor miracle: The company, now called X, may once again be worth about what he paid for it. Bloomberg  on Wednesday reported that X is in talks to raise money that would value the company at $44 billion. The anonymous sources Bloomberg cited acknowledged that the ongoing talks could break down, and it’s not clear whether X will actually fetch that valuation. But the report coincides with a sudden turn in fortunes for X. Big advertisers, who had largely abandoned X after hate speech surged on the platform and ads were seen running alongside pro-Nazi content, have begun to return. (X made several pro-Nazi accounts ineligible for ads following advertiser departures.) Am...

Ripple Releases 1B XRP Tokens from Escrow, XRP Price Drops

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In January, for instance, Ripple stashed away roughly 300 million XRP for distribution . Ripple released a significant 1 billion XRP tokens from its escrow accounts, valued at around $3.10 billion at current prices, by its monthly release policy. According to recent reports, these tokens have never been released from accounts categorized as Ripple (26) and ‘Ripple (27). Ripple has unlocked 500 million XRP tokens from Ripple (27) and another 500 million XRP from Ripple (26) in two separate transactions of 400 million and 100 million. As is customary with these unlocks, the company is not flooding the market with all of the tokens all at once. Ripple instead intends to set aside only 20-25% of the unlocked XRP for market sales, strategic partnerships, and transactions with institutional purchasers and to re-lock the remainder back in escrow to be used in the future. This release has garnered the market’s immediate attention. In the last 24 hours, XRP price was down by more th...

THESE new WhatsApp features will definitely enhance your user experience

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  As we entered 2025, we were excited about new features coming to WhatsApp. By the end of January, some long awaited beta features were released to everyone, and a few fresh changes were introduced. Here’s a quick roundup of the WhatsApp features added in January 2025. New WhatsApp features for all users These features are now available to all WhatsApp users, whether you’re using Android, iPhone, or the desktop version. If you haven’t received them yet, make sure to update your app to the latest version. WhatsApp has introduced an AI Studio feature for both Android and iPhone users. It allows you to chat with various AI personalities, ranging from cultural icons to pop-culture characters. It’s perfect when you’re looking for something fun to chat about, like asking a talking dog for advice. For iPhone users, a built-in dial pad is now available. This allows you to directly dial a number from the Calls tab without saving it to your contacts first, making it easier to make calls. ...

Trump launches trade war with tariffs on Mexico, Canada and China

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US President Donald Trump on Saturday ordered   sweeping tariffs  on goods from Mexico, Canada and China, demanding they stanch the flow of fentanyl — and illegal immigrants in the case of Canada and Mexico — into the United States, kicking off a   trade war  that could dent global growth and reignite inflation. Mexico and Canada, the top two US trading partners, immediately vowed retaliatory tariffs, while China said it would challenge Trump’s move at the World Trade Organisation and take other “countermeasures. In three executive orders, Trump imposed 25 per cent tariffs on Mexican and most Canadian imports and 10pc on goods from China, starting on Tuesday.

Second leg of ICC CT 2025 trophy tour begins today in Pakistan

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Lahore, 1 February 2025:  The glittering ICC Champions Trophy 2025 trophy will begin its second leg of Pakistan tour today with a trip to Sheikhupura’s historical  Hiran Minar  complex. During this leg, the trophy will be taken to ten different cities across Pakistan in 14 days. The global trophy tour ahead of the ICC Champions Trophy 2025 began in Pakistan on 16 November after which the trophy was taken to the seven participating countries from 26 November to 26 January. In its second leg, apart from Sheikhupura the trophy will be taken to Bahawalpur ,  Faisalabad, Hyderabad, Islamabad, Karachi, Lahore, Multan, Peshawar and Quetta. The trophy will also grace the newly upgraded Gaddafi Stadium, Lahore on 8 February during the tri-nation series opening match between Pakistan and New Zealand. Some of the iconic destinations where the trophy will be taken to during these 14 days include Multan Fort, Bahawalpur’s Noor Mahal, Peshawar’s Arbab Niaz Stadium, Karachi’s N...

Combative Trump blames diversity policies after air tragedy

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Donald Trump stood before the White House press room cameras on Thursday to perform a traditional presidential duty – consoler-in-chief during a time of tragedy. He said the country was in mourning, shared his condolences during "an hour of anguish" and paid tribute to first responders and the victims. Then he sharply pivoted - providing yet another reminder of how his new presidency is going to be very different. It will be combative. It will be unscripted. And it will be quick to point the finger of blame. We do not know what led to this crash, but we have some very strong opinions and ideas," he said. He then speculated, without giving evidence, that lowered standards of hiring for air traffic controllers in the Federal Aviation Administration during the Joe Biden and Barack Obama presidencies may have been a factor in the disaster. Trump and his fellow Republicans have regularly attacked "diversity, equity and inclusion" programmes in the federal governme...

Police locked in long US legal process to access Southport killer’s online history

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  processed by the Department of Justice. She added: “If Google will voluntarily comply with the data request, then typically the process is quick. If Google needs to be compelled, through a court order, it will take longer. A ccording to Google, one way of accessing the data is applying via the UK courts for a so-called overseas production order, under the US-UK Cloud Act agreement. Another expert said the process of obtaining data from abroad could be slow due to potential conflicts in national laws. However, the Cloud agreement is designed to speed up that process. The US-UK Cloud Act agreement is intended to provide a quicker route for police to access electronic evidence from US-based technology companies in cases of serious and violent crimes, while providing appropriate safeguards,” said Monica Horten, a technology policy adviser. A Merseyside police spokesperson said: “We have submitted requests through the correct channels for a criminal investigation.” In the year to J...