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Elon Musk taking Twitter non-public in $60.5 billion deal
Elon Musk clinched a deal to purchase Twitter for US$44 billion (S$60.5 billion) money on Monday in a transaction that may shift management of the social media platform populated by tens of millions of customers and international leaders to the world’s richest particular person.
It is a seminal second for the 16-year-old firm that emerged as one of many world’s most influential public squares and now faces a string of challenges.
Discussions over the deal, which final week appeared unsure, accelerated over the weekend after Musk wooed Twitter shareholders with financing particulars of his supply.
Under stress, Twitter began negotiating with Musk to purchase the corporate on the proposed US$54.20 per share value.
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Britain to chop Ukraine tariffs to zero to assist its economic system
All tariffs on items coming to Britain from Ukraine below an present free commerce deal can be axed to assist the Ukrainian economic system, the British authorities introduced on Monday.
London stated tariffs could be lowered to zero and all quotas eliminated following a direct request from Ukraine’s President Volodymyr (*26*), saying the transfer would offer a lift for Ukrainian companies concerned in key exports similar to barley, honey, tinned tomatoes and poultry.
“We stand unwaveringly with Ukraine in this ongoing fight and will work to ensure Ukraine survives and thrives as a free and sovereign nation,” stated British International Trade Secretary Anne-Marie Trevelyan.
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US FDA approves Gilead’s Covid-19 drug remdesivir for younger kids
The US Food and Drug Administration on Monday granted approval for Gilead Sciences’ Covid-19 drug remdesivir to deal with infants and youngsters over 28 days of age.
The transfer comes months after the company expanded the drug’s emergency use authorization to additionally embody kids under 12 years of age weighing at the very least 3.5 kilograms.
The Food and Drug Administration’s (FDA) choice makes the drug the primary authorised Covid-19 therapy for youngsters lower than 12 years of age, the company stated.
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All-private astronaut workforce splashes down on return from landmark area station go to
The first all-private astronaut workforce ever flown aboard the International Space Station splashed down within the Atlantic off Florida’s coast on Monday, finishing a two-week science mission hailed as a milestone in industrial spaceflight.
The SpaceX crew capsule carrying the four-man workforce, led by a retired Nasa astronaut who’s now vice chairman of the Texas firm behind the mission, Axiom Space, parachuted into the ocean after a 16-hour descent from orbit.
The splashdown, carried dwell by a joint Axiom-SpaceX webcast, was initially deliberate for final Wednesday, however the return flight was delayed as a result of unfavourable climate.
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Facebook-owner Meta to open first bodily retailer in metaverse guess
Meta Platforms is about to open its first bodily retailer the place buyers can check out and purchase digital actuality headsets and different devices as the corporate plots a course to take its extremely touted metaverse mainstream.
The 1,550-square toes Meta Store on the firm’s Burlingame campus in California opens on May 9, and can characteristic demos for its Quest 2 VR headset and video calling gadget Portal in addition to Ray-Ban’s augmented actuality (AR) glasses, Meta stated on Monday.
The units, apart from the Ray-Ban glasses, can be out there for buy on the retailer.
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