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Also read: Ryan Reynolds Buys Stake in F1 Racing Team, Growing His Business Empire Formula 1 President and CEO, Stefano Domenicali, expressed his excitement about the extension and highlighted the circuit's popularity among drivers and fans.  He said, “It is great news to announce the extension of the Hungarian Grand Prix for an additional five years."  He also praised the promoter's commitment to improving the facilities and enhancing the overall experience for attendees. Also read: Formula 1 racing launches first subscription platform in India “To see the commitment from the promoter in Hungary to develop the facilities and further enhance the experience for fans is another important step and something we want to see all our events doing in order to continue to improve and make our races even better," he added.

Elon Musk and the chief executive he brought aboard just a month ago say the social media network will ditch the bird logo, rebrand the platform with the name X and move quickly into payments, banking and commerce. «Powered by AI, X will connect us in ways we're just beginning to imagine,» Twitter chief executive Linda Yaccarino tweeted Sunday afternoon. Late Saturday night, Musk indicated he plans to jettison Twitter's blue cartoon bird logo.

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AFP reported. They expressed dissatisfaction with the platform's mass firings, which impacted content moderation, as well as Musk's management style. In response to the declining advertising revenue, Musk has been steering Twitter towards the integration of payment and commerce features, seeking alternative sources of income.

x.com now points to twitter.com. The change, which was not evident on the website on Sunday evening, followed Musk's recent admission that advertising revenue remains nearly half of what it once was. And Twitter's cash flow has been negative as a result of that and its heavy debt load.

By Sabrina Valle

Foxtel chief executive Patrick Delany can exhale a little. The pay TV company struck a deal last week with ESPN to continue as the local go-to broadcaster for top sport played in the United States.

By Akanksha Khushi

NEW DELHI : On 1 June, at Himgiri Automobiles, a Hero MotoCorp Ltd dealership in Delhi’s Shahdara neighbourhood, a 35-year-old man walked in to take home the Xoom, a 110cc scooter. He simply liked the scooter’s styling and picked it over a bigger scooter, the NTorq, manufactured by TVS Motor Company. Nudging him to disclose more about this choice was an unusual visitor at the dealership—Niranjan Gupta.

NEW DELHI : Retail milk prices that have shot up nearly 22% in three years, including about 10% in the last one year, are expected to increase further in the coming three-four months as feed and fodder prices are on the rise amid the monsoon deluge. The prices of de-oiled rice bran (DORB), a key ingredient in cattle, poultry, and fish feed, have increased sharply to ₹18,000-18,500 a tonne from ₹15,000 per tonne in the last few weeks. Maize, a major feed grain and a standard component of livestock diets, is being sold at ₹24,500 a tonne in Tamil Nadu’s Erode, a 20% increase in one month, people in the know in the spot trade said.

Elon Musk Sunday said he plans to rebrand the platform and do away with the iconic brand logo. “And soon we shall bid adieu to the Twitter brand and, gradually, all the birds. If a good enough X logo is posted tonight, we'll make go live worldwide tomorrow", Musk tweeted.

Bain Capital, the US-based investment company, announced on July 23 that it has signed a pact to acquire 90% of Adani Capital and Adani Housing. Under the deal, Bain will buy out all of the Adani family's private investments in the company.

Barbie movie has made opening box office records in the US, and done reasonably well globally. The craze for Barbie is such that there is a buzz about a Barbie 2 happening soon. How much truth is there to that buzz? Barbie released in theaters on July 21, 2023, worldwide, and in major markets is way ahead of Christopher Nolan’s Oppenheimer in terms of box office numbers.

By Davit Kirakosyan

FRANKFURT (Reuters) — Mercedes-Benz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.

By Emily Rose

Investing.com — Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Strong profits can’t keep Tesla from dropping; housecleaning at Ford; and Delaware signs a new law.

Weekends are all about down time. After a week full of work to meet deadlines, everybody needs some breather to relax and recuperate. From watching a favourite web-series to planning a vacation, weekends are designated as family and me time. Aakash Anand, founder and CEO, IDAM House of Brands, talks to BrandWagon Online about his weekends, favourite vacation destination and more.

Reliance Retail said it is revamping Trends fashion stores across the county by adding contemporary and tech-enabled features ranging from self-checkout counters to electronic shelf labels to attract customers of younger generations. Reliance Retail is revamping around 150 Trends stores pan-India with a new brand identity. The stores will have a new look right from the facade to fixtures, lighting, ceiling and flooring, becoming more aspirational for shoppers, the retailer said.

Newgen Software Technologies is «confident» of about 20% topline growth for FY24, backed by resilience of its focus markets like India and Asia Pacific which are growth drivers, a top official said. The company is looking at hiring about 400-500 people from campuses this year to meet its business requirements, having fulfilled its commitment of timely onboarding of campus recruits last year, Virender Jeet, CEO of Newgen Software, told PTI. Unlike many IT services companies that are facing macro headwinds in their primary markets of US and Europe, Newgen focuses on emerging markets, which offer plenty of headroom for growth, are underserviced and keen to bolster their digital play.

Also Read: Air India explores opportunities with Apple, CEO visits US HQ In a recent incident, an airline passenger peed on the aeroplane floor, because she was not allowed by the flight staff to use the rest room for hours. The bizarre incident took place on a US-based Spirit Airlines, where the women alleged that she was “forced to urinate" on the flight mid-air because the airline staff didn't allow her to use the wash room, reported View From The Wing. Also Read: Air India-Vistara merger: CCI to examine if combined entity will hurt competition in aviation After waiting for hours for the doors of the rest room to open, the woman urinated on the floor of the aircraft.