Author Archives
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House Republicans asks Twitter board to retain records, materials related to Elon Musk’s acquisition offer
A group of 18 Republicans have sent Twitter board members a letter asking it to preserve all records and materials relating to Elon Musk’s offer to purchase Twitter. The development potentially marks the laying of groundwork for a possible investigation. “As… Read More ›
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AT&T names Jeff McElfresh as COO
In a statement AT&T Inc said, it has named Jeff McElfresh, who earlier headed its largest business unit, as its Chief Operating Officer. The move is part of the U.S. carrier’s efforts to refocus on its connectivity business following the merger… Read More ›
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Air Lease Corp to write off 27 jets stranded in sanction hit Russia valued at $802M
In a statement Air Lease Corp said, it is weighing options to write-off the value of 27 jets that are in sanctions-hit Russia, in a move that could lead to charges of nearly $802 million. Global aircraft leasing companies have scrambled… Read More ›
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FTC scrutinizing Broadcom over forcing exclusive agreements on clients
As per a report from The Information, Broadcom Inc has come under scrutiny from the U.S. Federal Trade Commission (FTC) following complaints that it is forcing exclusive agreements with customers. As per the report, the FTC is in the early stages… Read More ›
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Taiwan developing missiles and attack drones: Defense Ministry
According to a report by a Taiwanese military-owned National Chung-Shan Institute of Science and Technology said, Taiwan is developing missiles that can attack enemy air bases and bring down cruise missiles and is developing drones that can target their firing… Read More ›
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Honda developing 3 new dedicated platforms for EVs
According to a top executive at Honda Motor Co, the company plans on building millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one of them being jointly developed with U.S. partner General Motors Co. “Honda… Read More ›
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Current physical damage in Ukraine stands at $60B: World Bank President
In a statement, David Malpass, the president of the World Bank said, physical damage to buildings and infrastructure in Ukraine as a result of the war has touched roughly $60 billion and is set to rise further since the Biden… Read More ›
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Johnson offers India know-how to build fighter jets, license for faster defense deliveries
In his first visit to India, British Prime Minister Boris Johnson is set to offer New Delhi know-how to build its own fighter jets and a licence for faster deliveries of defence equipment as it tries to wean India away… Read More ›
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US to supply Phoenix Ghost drones to Ukraine
In a statement the Pentagon said, it will provide one time use attack drones in its latest arms package to the embattled country. The US has ramped up arms shipments to Ukraine ahead of a fresh Russian offensive in eastern… Read More ›
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Germany to provide further $40.12M in reconstruction to Ukraine
According to sources from Germany’s development ministry, Berlin will provide a further $40.12 million (37 million euros) to Ukraine for reconstruction after the war. While around 22.5 million euros would go towards reconstructing Ukraine’s power grid while an additional 14.4… Read More ›
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