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The former president will, however, have to wait six months before cashing in his shares Truth Social is going public. In a Friday vote, the social media company’s blank-check funding partner — Digital World Acquisition Corp. — approved a merger with Trump Media & Technology Group. The merger will be a lifeline to Truth Social, which incurred tens of millions in losses in 2023, and provide a massive windfall to its owner, former President Donald Trump. Given the current stock market value…

Sound waves fossilized in the maps of galaxies across the Universe could be interpreted as signs of a Big Bang that took place 13 billion years earlier than current models suggest. Last year, theoretical physicist Rajendra Gupta from the University of Ottawa in Canada published a rather extraordinary proposal that the Universe's currently accepted age is a trick of the light, one that masks its truly ancient state while also ridding us of the need to explain hidden forces. Gupta's latest analysis suggests oscillations…

Crypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders and contradicting a "reckless and false" claim by founder Sam Bankman-Fried that FTX's collapse caused no harm. FTX revealed those estimates in court documents on Wednesday in response to founder Sam Bankman-Fried's claims that he should receive a light prison sentence because FTX will be able to repay its customers "in full". Bankman-Fried was convicted in November…

Pocket FM, an online audio streaming platform, is close to finalising a new fundraise which will likely catapult it into the unicorn club of privately held tech companies valued at $1 billion or more, according to people close the matter.The audio entertainment startup is in talks with the Abu Dhabi Investment Authority (ADIA) for its latest funding which is expected to value it around $1.2 billion, the people said. The latest funding talks come on the back of the Bengaluru-based company announcing on Wednesday that it…

Samsung Electronics is the leading supplier of memory chips and other semiconductor products. It has been heavily investing in the expansion of its production facilities as demand for memory products, particularly High Bandwidth Memory, is expected to rise in the coming quarters. There are many subsidiaries that operate under Samsung Electronics. Samsung Display is one of them. It's the dominant supplier of mobile OLED panels and is also a competitive force in other display technologies. The display maker has announced…

South Korean flag carrier says the deal with the European plane maker is set to include 27 A350-1000s and six A350-900s , which it plans to deploy on routes such as Seoul to New York. South Korean flag carrier says the deal with the European plane maker is set to include 27 A350-1000s and six A350-900s , which it plans to deploy on routes such as Seoul to New York. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media.…

The PowerUp Initiatives for Electricity Rights (PowerUp Nigeria) has urged the Federal Executive Council (FEC) to revive the award of a N12.7 billion meter installation contract to De Haryor Global Services Limited. Adetayo Adegbemle, executive director of PowerUp Nigeria, made the call in a statement on Wednesday. PowerUp Nigeria is an electricity consumer rights and policy advocacy organization. The Nigerian government had earlier in the week announced the flag-off of a N40 billion mass metering project to end…

AI in E-commerce market surges: Significant growth expected ahead The Artificial Intelligence (AI) in E-commerce market is experiencing significant growth, driven by technological advancements, and increasing demand for personalized and efficient shopping experiences. According to recent data, the market size was valued at US$ 5.81 Billion in 2023 and is projected to reach US$ 22.60 Billion by 2030, with a compound annual growth rate (CAGR) of 28.3% during the forecast period 2024-2030. AI technologies play a…

Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion, according to a person familiar with the matter.The Toronto-based company has seen its annualized revenue run rate grow to $22 million this month from $13 million in December as it launched new model Command-R, said the source, who requested anonymity to discuss confidential matters.Elevate Your Tech Prowess with High-Value Skill…

Altria Group reached accelerated agreements to buy back $2.4 billion in common stock after selling part of its stake in Anheuser-Busch InBev. Altria Group reached accelerated agreements to buy back $2.4 billion in common stock after selling part of its stake in Anheuser-Busch InBev. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks…