Friday, 06 Dec, 2024

Tech

Musk's record $56bn pay deal rejected for second time

Tesla chief executive Elon Musk's record-breaking $56bn (£47bn) pay award will not be reinstated, a judge has ruled. The decision in the Delaware court comes after months of legal wrangling and despite it being approved by shareholders and directors in the summer. Judge

Apartment Rental App for Bangladeshi Students Near US Universities

For Bangladeshi students pursuing higher education in the US, finding affordable and convenient housing near universities is often a challenging task.  To simplify this process, RentYard has launched an innovative mobile app designed to make apartment hunting easier, quicker, and

Social media companies slam Australia's under-16 ban

Social media giants on Friday hit out at a landmark Australian law banning them from signing up under-16s, describing it as a rush job littered with "many unanswered questions". The U.N. children's charity UNICEF Australia joined the fray, warning that it was no

Zuckerberg meets with Trump at Mar-a-Lago

President-elect Donald Trump dined on Wednesday with Meta CEO Mark Zuckerberg at the president-elect's Mar-a-Lago club in Florida, bringing together the Facebook founder and the former president who was once banned from that social network. A Meta spokesperson confirmed the meeting

Indonesia rejects Apple's $100 million investment offer

Indonesia has rejected an Apple $100 million investment proposal aimed at lifting a ban on iPhone 16 sales, saying it lacks the "fairness" required by the government. Indonesia last month prohibited the marketing and sale of the iPhone 16 model over Apple's failure to

Russia ready to wage cyber war on UK, minister to say

Russia is ready to carry out cyber attacks on the United Kingdom and other allies in a bid to weaken support for Ukraine, a senior minister will warn later. Chancellor of the Duchy of Lancaster Pat McFadden is set to tell a Nato meeting that the Kremlin could target British businesses

US to call for Google to sell Chrome browser: report

The U.S. will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday. Antitrust officials with the U.S. Department of Justice declined to comment on a Bloomberg

EU fines Meta $840m for ‘abusive’ practices on Facebook platform

The European Union fined online giant Meta almost 800 million euros ($840m) on Thursday for breaching anti-trust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace. The European Commission said the US tech titan also

Apple accused of trapping, ripping off 40m iCloud customers

Apple is facing a legal claim accusing it of effectively locking 40 million British customers into its iCloud service and charging them "rip off prices." Consumer group Which? says the legal action - which it has launched - could result in a £3bn payout if it is

VW launches $5.8bn tie-up with Tesla rival Rivian

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) - up from an initial pledge of $5bn by VW. Shares in the US electric

Electric Vehicle Expo begins at ICCB

The Bangladesh Electric Vehicle & Mobility Exhibition (BEVMX 2024) and Bangladesh International Medical Exhibition (BIMEX 2024) kicked off today (Nov 7) at Dhaka’s International Convention City Bashundhara (ICCB). Savor International Limited has organised the three-day expo.

Syndicate exploits BTRC to embezzle Tk8,000cr 

For over nine years, a syndicate reportedly misappropriated around Tk8,000 crore through the International Gateway Operators Forum (IOF) by exploiting the Bangladesh Telecommunication Regulatory Commission (BTRC). This syndicate, allegedly led by Salman F Rahman, advisor to the former

World's first wood-panelled satellite launched into space

The world's first wood-panelled satellite has been launched into space to test the suitability of timber as a renewable building material in future exploration of destinations like the Moon and Mars. Made by researchers in Japan, the tiny satellite weighing just 900g is heading for

French families sue TikTok over alleged role in teen suicides

Seven families in France filed a lawsuit against TikTok, alleging that the platform’s failure to remove harmful content contributed to the suicides of two 15-year-old teens, their lawyer said Monday. The lawsuit, filed in Creteil judicial court, claims TikTok’s algorithm

US sanctions 400 entities, including dozens in India, for tech supplies to Russia

The US imposed sanctions on nearly 400 entities and individuals from over a dozen countries, including India, accusing them of supplying Russia with advanced technology to support its "war machine" against Ukraine.  The action, taken by the treasury and state depts, was

Musk ordered to appear in court to defend his $1m election giveaway

Elon Musk has been ordered to appear in court to respond to a lawsuit over $1m payments made by the billionaire’s political campaign group to voters in the US election’s battleground states. Earlier this month, Musk’s campaign group, America PAC, started making the

Meta shows strong growth as AI spending surges

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors. The social media behemoth, which is also the parent company of Instagram and WhatsApp, said

Google reports strong growth driven by AI, Cloud

Google's parent company Alphabet reported robust third-quarter results on Tuesday, with revenue climbing 15 percent year-over-year to $88.3 billion, powered by strong performance from its crucial advertising business and growth in cloud services. The technology giant's net

China declares success as its youngest astronauts reach space

A Chinese spacecraft with a three-person crew, including the country's first female space engineer, has docked after a journey of more than six hours. The crew will use the homegrown space station as a base for six months to conduct experiments and carry out spacewalks as Beijing

Apple launches iPhone into AI era with free software update

Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16 lineup as the trendsetting company tries to catch up with technology's latest craze. The upgrade to the iOS 18 operating system on Monday arrives more than a