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President Luiz Inacio Lula da Silva is known, on Wednesday accused the billionaire who owns the platform formerly known as Twitter of using irony to downplay what she called a misogynistic hacking of her account last week. Also Read: Brazil has digital public infrastructure that India could learn from “He minimizes a serious event that doesn’t just affect me, but thousands of women on his platform every day," she said in a statement.

The tide turned against inflation

Digital Services Act (DSA). The DSA came into force in November last year and requires very large online platforms and search engines to do more to tackle illegal content and risks to public security.

Reliance Jio, country's biggest telecom operator, however had disagreed and told government that an auction is the right approach, similar to 5G spectrum distribution in India. Foreign satellite service providers could offer voice and data services and compete with traditional telecom players, and so there must be an auction to achieve a level playing field, Reliance had argued.

Amazon antenna on the Indian Ocean island of Mauritius made contact with both, but during a subsequent handoff to another station, only one vehicle checked in. Amazon scanned the sky behind the first satellite for a signal from the second one but heard silence. The incident threatened to kill the mood for employees who’d gathered to celebrate the launch at Postdoc Brewing, not far from Amazon’s Seattle-area space operation. The team had spent years building satellites from scratch and endured months of delays launching them. Now that they were aloft, Amazon needed to make contact to ensure their solar panels had deployed. If not, the batteries would run out and the satellites would fail, a major setback for the retail and cloud-computing giant, already a late entrant in the race to build a profitable business selling internet access from low-Earth orbit.

Elon Musk reportedly told bankers that they will not lose any money after taking $13 billion in loan to fund his Twitter acquisition last year, reported the Financial Times. According to the report, despite his assurances, seven banks that lent money to Musk — Morgan Stanley, Bank of America, Barclays, MUFG, BNP Paribas, Mizuho and Societe Generale — «are facing serious losses on the debt if and when they eventually sell it».

By Francesca Landini

Tesla has stated that oil and petrol should not be demonised in the medium term, but stressed about the need to cut carbon emissions in order to protect the environment. Musk was speaking at a right-wing political gathering organised by Italian Prime Minister Giorgia Meloni's Brothers of Italy party. During the gathering, he said, "Climate change alarm is exaggerated in the short term," adding that the environmental movement may have gone too far, causing people to lose faith in the future.

carbon emissions to preserve the planet, but oil and natural gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, said on Saturday. Earlier this week representatives from nearly 200 countries agreed at the COP28 climate summit to begin reducing global consumption of fossil fuels to avert the worst of climate change, signalling the eventual end of the oil age. «Climate change alarm is exaggerated in the short term,» the US billionaire said, adding that the environmental movement may have gone too far, causing people to lose faith in the future. Musk said he considers himself an environmentalist and added that it is important that, in the long run, industries reduce the billions of tons of carbon they are taking from the earth and free in the atmosphere by burning fossil fuels. «We should not demonize oil and gas in the medium term,» he added, speaking in Rome at a gathering of the Italian Prime minister Giorgia Meloni's right-wing political party.

As reported in Reuters, this development permits X to facilitate money transfer in the same way that other payments systems such as PayPal’s Venmo can.

Elon Musk must testify again for the U.S. Securities and Exchange Commission's probe of his $44 billion Twitter takeover, handing the SEC a victory in its latest skirmish with the world's richest person. During a hearing in San Francisco, U.S. Magistrate Judge Laurel Beeler quickly rejected arguments by Musk's attorney that SEC officials do not have the authority to issue subpoenas, saying the agency has broad investigative powers and that no judge would «second guess» an SEC probe.

Elon Musk's social media platform X, formerly known as Twitter, took a step closer to offering payment features after receiving a money-transmitter license from a 13th U.S. state this week. The approval by Pennsylvania, which occurred on Monday according to a public licensing database, has not been previously reported. It grants X the ability to facilitate money transfers and paves the way for the company to allow users to send money to one another, similar to PayPal's Venmo.

If there’s one thing everyone has learned in the world of cryptocurrencies, it’s that tweets from Elon Musk can send shockwaves through the market. The latest example? A Dogecoin ($DOGE) surge, initially gaining momentum, hit a sudden chill during the morning hours of December 6th. This followed Musk’s statement that his AI startup xAI was not “raising money.” The announcement sent $DOGE plummeting to $0.10 on the same day, erasing gains from a 14% rally on December 5th.

Elon Musk has restored the X account of conspiracy theorist Alex Jones

Grok, the artificial intelligence tool developed by Elon Musk’s xAI, has recently deceived users by falsely claiming to accept Bitcoin payments during a Q&A event. 

Elon Musk's xAI is embroiled in yet another controversy, with some users suggesting that the company's generative AI-based chatbot - Grok - may have been trained on OpenAI code. The matter is made more serious by the history between OpenAI, Sam Altman and Musk. The 52-year-old billionaire was a co-founder of OpenAI, but left the company after his appeal to take over the reins of the AI startup was rejected by other co-founders, including current CEO Sam Altman, according to a previous report by Semafor.

Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors, as the government reviews Tesla's plans to enter the market, people with direct knowledge said. As India tries to boost domestic manufacturing and electric vehicle (EV) adoption, Tesla is proposing to set up an Indian factory but is demanding lower import taxes for electric cars.

Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter.

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Elon Musk-led artificial intelligence startup xAI is looking to raise $1 billion in funding from equity investors, according to a document filed by the company with the US Securities and Exchange Commission. The document also noted that xAI has already raised about $135, without disclosing the names of those investors.

Dogecoin (DOGE), the first major meme cryptocurrency that powers the decentralized layer-1 Dogecoin blockchain, hit eight-month highs above $0.095 on Tuesday, with sentiment rising on the news that Elon Musk’s X.AI company is set to raise $1 billion via an equity offering, as per a filing with the SEC.