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scrapping

TikTok-Owner ByteDance Offers to Buy Investors’ Shares After Scrapping IPO Plan

SINGAPORE—China’s ByteDance Ltd. is offering to buy back shares from its investors, allowing them the chance to cash in after the TikTok owner ruled out plans for an initial public offering.The Beijing-based company will spend up to $3 billion in cash to repurchase shares from existing shareholders at a price of up to $176.94 a share, according to a memo sent to investors and viewed by The Wall Street Journal. The deal would value the company at around $300 billion, which is higher than most of the recent offers in the…

Batgirl actor Ivory Aquino pleads with Warner Bros to reconsider scrapping film

Batgirl actor Ivory Aquino has directly addressed Warner Bros over their controversial decision to axe the movie.Earlier this month (2 August) it was announced that Warner Bros had decided to shelve the film due to a changing regime behind-the-scenes.Since then, Warner Bros are reportedly going to screen Batgirl on its studio lot in Burbank, California, for people who worked on the movie, both cast and crew, as well as representatives and executives.The Hollywood Reporter reported that Warner Bros would host the “funeral…

Batgirl directors say film studio blocked their access to footage after scrapping movie

Batgirl directors claim that Warner Bros Discovery has “blocked” their access to footage after scrapping the film.It was announced earlier this month that the film studio had decided to shelve Batgirl due to a changing regime behind the scenes.The DC film starred Leslie Grace in the lead role of Barbara Gordon, and was set to be released later this year. It also featured Michael Keaton’s return as Batman.Adil El Arbi and Bilall Fallah, the duo behind Bad Boys for Life and episodes of Disney Plus series Ms Marvel, had…

Scrapping original plan, Mars mission turns to existing rover to help bring samples home | Science

NASA and the European Space Agency (ESA) revealed today the final architecture of their ambitious program to bring samples of martian rock and soil back to Earth. One big change: instead of sending a new, ESA-built “fetch rover” to help collect the material in 2030, the Mars Sample Return mission will plan on a direct delivery from NASA’s existing Perseverance rover, which has been on the planet since early 2021. As a backup, the lander designed to send the samples home will carry…

Spectrum Auction: DoT Gives Relief to Telcos by Scrapping Spectrum Usage Charge Floor Rate

In order to provide relief to telecom service providers the Department of Telecommunications (DoT) has scrapped 3 percent floor rate on spectrum usage charges."For spectrum acquired through auctions held after 15 September 2021 in different access spectrum bands, no SUC (Spectrum Usage Charges) shall be charged," the DoT said in an order dated June 21, 2022.The weighted average of SUC rates across all spectrum assigned to an operator in all access spectrum bands including the Broadband Wireless Access spectrum in the 2300…

India’s scrapping policy is a flop

India’s scrappage policy was introduced as a means to get older, polluting vehicles off the road by enabling easy recycling via authorised scrapyards, increasing fees for re-registration of old vehicles and by introducing lower taxes (and discounts) on registration of new vehicles if the buyer had scrapped his old vehicle. Loosely modeled on the United States’ Cash for Clunkers policy, the hope was that owners of old cars would be tempted enough to scrap their vehicles. And it could of course be a boost to the country’s…

Google is scrapping Assistant’s ability to set location-based reminders

For people who know it exists, the ability to set location-based reminders is one of Google Assistant's most useful features. It lets them specify a location, so that they can get an alert when they arrive wherever it is — for instance, a user can say "Remind me to call in NYC," and Assistant will send them a notification when they step foot in the city. The bad news for those who rely on the feature to remind them to get certain things from the grocery store or to fill up their car tanks when they pass by a gas station…

2-3 vehicle scrapping units in every district soon, says Nitin Gadkari

Earlier in August of last year, the government of India initiated the vehicle scrapping policy and committed to investing Rs 10,000 crores to promote the voluntary scrappage of vehicles by owners. Recently, extending the effort toward this goal, Union Road Transport and Highways Minister Nitin Gadkari, inaugurated a new vehicle scrapping facility in Haryana. During the opening ceremony of the new Registered Vehicle Scrapping Facility (RVSF), the MoRTH minister also made an announcement that he aims to set up 2 to 3…