Seeks

President Bola Tinubu has asked the Senate to screen and confirm five persons appointed as directors of the board of the Central Bank of Nigeria (CBN). The president’s request was contained in a letter read by the Senate President, Godswill Akpabio, during the plenary on Tuesday. The appointed board directors are; Robert Agbide, Ado Wanga, Murtala Sagaley, Urom Eke and Olayinka Aliyu. In the letter, Mr Tinubu said his request was in compliance with the provision of section 6(1a) and section 10(1)(2) of the CBN…

SpaceX’s Starship is poised to be the most coveted launch vehicle in the world once it’s finally up and running, but the Pentagon is hoping to take things a step further by grabbing full control of the megarocket for critically important missions.Tesla Investors Not Happy With Mr. Tweet's TweetsThe U.S. Department of Defense is engaging with SpaceX to explore the possibility of the government taking control of the company’s Starship megarocket for “​​sensitive and potentially dangerous missions,” as first reported by…

Edtech major Byju’s beset with internal and external challenges rolled out a rights issue to raise up to $200 million. In its desperate attempt to raise much-needed capital, it's ready to take a 99% cut in valuation. This and more in today’s ETtech Top 5.Also in the letter:■ YouTube Shorts vs Instagram Reels■ BluSmart raises $25 million■ Explained: Apple makes changes in EUByju’s seeks $200 million in rights issue at 99% valuation cut Desperate for funds, troubled edtech firm Byju’s has kickstarted a rights…

Byju’s, the world’s most valuable edtech startup, launched a rights issue on Monday, seeking to raise $200 million as the Indian firm works to address its working capital issues. The startup is resetting its valuation to “next to nothing” in the rights issue, where all existing investors have an opportunity to participate, according to a source familiar with the matter. In a letter to shareholders Monday, Byju’s founder Byju Raveendran said the founders of the edtech group have invested $1.1…

Lawmakers from the right and left, along with conservative talk show hosts and FEMA officials, want to stop carmakers from dropping AM radio from new vehicles. Lawmakers from the right and left, along with conservative talk show hosts and FEMA officials, want to stop carmakers from dropping AM radio from new vehicles. 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…

The total addressable market for new and used car sales in the U.S. is estimated to be somewhere between $2.5 trillion and $3 trillion, according to the National Automobile Dealers Association.And e-commerce behemoth Amazon is attempting to do what insiders say no one has been able to do yet: bring a seamless online shopping experience to a complex and highly regulated industry.Last month, the company officially began its pilot program to allow a small number of Hyundai dealers to sell vehicles through the Amazon platform…

As the government looks to scale up AI-backed face authentication across its offices and deepen penetration of e-services delivery to citizens, it is closely looking at how AI can be deployed in future models of e-governance with experts proposing a range of solutions from diagnosis of cataracts to crop diseases besides an Aadhar 2.0 and treating the family as a governance unit.The Department of Administrative Reforms and Public Grievances (DARPG) recently brainstormed with nearly 15 domain experts from EY to PwC to stay…

Elon Musk's artificial intelligence start-up xAI is in talks to raise up to $6 billion from global investors, the Financial Times reported on Friday, citing multiple people familiar with the matter.The fundraise could value xAI at up to $20 billion, according to the report.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitMITMIT Technology Leadership and…

Troubled Chinese property developer Country Garden Holdings is seeking to sell a host of properties in Guangzhou city to raise up to $534.5 million, amid its efforts to restructure billions of dollars in offshore debt. Troubled Chinese property developer Country Garden Holdings is seeking to sell a host of properties in Guangzhou city to raise up to $534.5 million, amid its efforts to restructure billions of dollars in offshore debt. FOLLOW US ON GOOGLE NEWS Read original article here Denial of…

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