Technology
Reuters
Nov 30, 2022, 10:09 PM
Twitter and Elon Musk are set to reach an out of court settlement soon after the world's richest man tried to back out of the acquisition.
4 Min
Reuters | Nov 30, 2022Factbox-Who Is Financing Elon Musk's $44 Billion Deal To Buy Twitter?While Musk will provide much of the funding after selling down his stake in electric vehicle maker Tesla Inc and by leaning on equity financing from large investors, major banks have committed to provide $13 billion.2 mins read
Reuters | Nov 30, 2022Apollo, Sixth Street No Longer In Talks For Musk Twitter DealApollo Global Management and Sixth Street Partners will not be providing financing for Elon Musk's acquisition of Twitter.2 mins read
Reuters | Nov 30, 2022Self-Driving Cars Face Uncertain Path To US Deployment: ReportFollowing a GM petition as well as a June crash involving an autonomous vehicle, the City and County of San Francisco said in its comments GM and Cruise failed to provide sufficient data and fell "short of documenting or analyzing the safety performance" of the self-driving vehicles.3 mins read
Reuters | Nov 30, 2022What Does Elon Musk Want To Do With TwitterMusk has been for long talking about creating a super app called X for which Twitter will provide the underlying architecture.3 mins read
Reuters | Nov 30, 2022Renault-Backed Beyonca EV Venture Touts Health Monitoring, Targets Audi In ChinaLed by current Renault China CEO Soh Weiming and backed by Renault and Dongfeng Motor, two-year-old Beyonca plans to unveil its first production car in the first quarter of next year with deliveries from 2024, Soh told Reuters.2 mins read
Reuters | Nov 30, 2022Twitter Shares Fall As Investors Await Musk Funding DetailsDetails are sketchy around who all have backed Elon Musk's $44 Billion takeover of the social media network.1 min read
Reuters | Nov 30, 2022Euler Motors Expects To Ramp Up Monthly Production To 1,000 UnitsEuler is looking to ramp production by 10x after its new plant in North India starts operations1 min read
Reuters | Nov 30, 2022Indian Carmakers Propose Relaxation Of Import DutiesImport taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally3 mins read
