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Analysis-Arm's clients turn IPO into tug of war for chip influence
Analysis-Arm's clients turn IPO into tug of war for chip influence
By Milana Vinn, Anirban Sen and Stephen Nellis NEW YORK/SAN FRANCISCO A scramble among Arm Holdings Ltd's clients,
2023-08-22 18:55
What is Elon Musk’s ‘everything app’ X?
What is Elon Musk’s ‘everything app’ X?
Elon Musk’s plan to build an “everything app” is underway. After rebranding Twitter to X, the tech billionaire encouraged users to rethink the “whole concept” of what the platform is. Before he even purchased Twitter in October 2022, Mr Musk said that buying the site was an “accelerant” to creating a super app akin to China’s WeChat, India’s PayTM and Indonesia’s GoJek. These apps offer users the ability to not just make posts, but also send and receive payments, watch and listen to content, and even access services like booking taxis or ordering food deliveries. Earlier this month, Mr Musk reportedly secured money-transmitting licenses in three US states, suggesting it is already preparing to become a payments business. Linda Yaccarino, who took over as the chief executive of Twitter last month, gave more details about what the new X app will become, tweeting on Sunday that the rebranding was part of the company’s goal to “transform the global town square” beyond a social network. “X is the future state of unlimited interactivity – centred in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine,” she tweeted. “For years, fans and critics alike have pushed Twitter to dream bigger, to innovate faster, and to fulfil our great potential. X will do that and more. We’ve already started to see X take shape over the past 8 months through our rapid feature launches, but we’re just getting started.” X did not respond to a request for further information from The Independent about when such changes might take place. Shortly before his takeover of Twitter was complete, Mr Musk tweeted: “Twitter probably accelerates X by three to five years, but I could be wrong.” Mr Musk has had access to the X.com domain since 2000, during which time he was working on PayPal. Before rebranding Twitter, the website simply showed the letter ‘X’, but now redirects to Twitter.com. Earlier this year, Twitter changed its business name to X Corp to align with Mr Musk’s “everything app” vision, but social media experts have questioned whether such a concept could ever work outside of Asia. “I’ll believe it when I see it,” industry commentator Matt Navarra said at the time of Mr Musk’s takeover. “Super apps, as they are known in the industry, are not a new thing. They’ve been hugely successful in Asia, but have not really caught on elsewhere. Could Twitter form part of a super app that lets you buy goods, chat to friends, get news updates, book a taxi etc.? Sure. Can Elon Musk make it work? Possibly. Will Elon actually do it? Who knows. He seems to have commitment issues.” Others have raised concerns about whether ditching the Twitter brand and associated bird logo could further damage the platform’s reputation, which has been under heavy scrutiny since Mr Musk’s takeover last year. “By changing Twitter’s app name, Elon Musk will have single handedly wiped out over fifteen years of a brand name that has secured its place in our cultural lexicon,” Mike Proulx, a research director at advisory firm Forrester, told The Independent. “This is an extremely risky move because with ‘X,’ Musk is essentially starting over while its competition is afoot.” Read More Twitter rebrands to X as part of Elon Musk’s plan to create an ‘everything app’ Twitter no longer exists as a company Twitter rebrands to X as part of Elon Musk’s plan to create an ‘everything app’ DMs may come to Threads soon as app’s user base grows to one-fifth of Twitter’s Twitter in negative cash flow due to 50% drop in advertising revenue, says Elon Musk
2023-07-24 18:15
Archaeologists are too scared to open up the tomb of China’s first emperor
Archaeologists are too scared to open up the tomb of China’s first emperor
Archaeologists are terrified to open the tomb of Qin Shi Huang, China's first emperor who has been buried for 2,200 years. The tomb of Qin Shu Huang, who ruled from 221 BC to 210 BC, is guarded by a terracotta army of soldiers and horses. The discovery was found by farmers back in 1974 in the Shaanxi province of China. While archaeologists explored the area, they have never opened the tomb itself – and within good reason. According to IFL Science, not only do archaeologists believe it will cause damage, but there are rumours of deathly booby traps that could kill curious intruders. Writings by Chinese historian Sima Qian 100 years after Qin Shu Huang's death claim "Palaces and scenic towers for a hundred officials were constructed and the tomb was filled with rare artifacts and wonderful treasure." He continued: "Craftsmen were ordered to make crossbows and arrows primed to shoot at anyone who enters the tomb. Mercury was used to simulate the hundred rivers, the Yangtze and Yellow River, and the great sea, and set to flow mechanically." Sign up for our free Indy100 weekly newsletter Even if those alleged crossbows failed thousands of years later, there are still fears of liquid mercury seeping through the cracks. "Highly volatile mercury may be escaping through cracks, which developed in the structure over time, and our investigation supports ancient chronicle records on the tomb, which is believed never to have been opened/looted," one 2020 paper suggests, as per the publication. Scientists have reportedly toyed with the idea of using non-invasive techniques to open the tomb, however, they have not yet come to fruition. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-09-23 16:21
Get a 1st-Gen Apple Watch SE 1 for $149 at Walmart
Get a 1st-Gen Apple Watch SE 1 for $149 at Walmart
Save $130: As of May 15, the first generation Apple Watch SE 1 is on
2023-05-16 00:53
Oklahoma Virtual Charter Academy Offers Option to Better Prepare Students for First Grade
Oklahoma Virtual Charter Academy Offers Option to Better Prepare Students for First Grade
OKLAHOMA CITY--(BUSINESS WIRE)--Jul 20, 2023--
2023-07-20 22:24
Teikametrics Announces Two Senior Hires and New AI Enhancements to Its Flywheel 2.0 Platform
Teikametrics Announces Two Senior Hires and New AI Enhancements to Its Flywheel 2.0 Platform
BOSTON--(BUSINESS WIRE)--Aug 15, 2023--
2023-08-15 21:20
Microsoft Freezes Salaries to Navigate Economic Uncertainty
Microsoft Freezes Salaries to Navigate Economic Uncertainty
Microsoft Corp. has decided to freeze pay for all full-time workers this year to help it navigate macroeconomic
2023-05-11 11:28
A lifetime subscription to this popular password manager is on sale for under £25
A lifetime subscription to this popular password manager is on sale for under £25
TL;DR: A lifetime subscription to Sticky Password Premium is on sale for £23.83, saving you
2023-05-17 12:28
Fall into autumn vibes with Sony Bluetooth speakers up to 43% off
Fall into autumn vibes with Sony Bluetooth speakers up to 43% off
Our top picks: Best lightweight Sony speaker SRS-XB100 wireless portable speaker $48 at Amazon (save
2023-09-14 01:16
These Stocks Are Moving the Most Today: Micron, Peloton, Workday, Nike, CarMax, and More
These Stocks Are Moving the Most Today: Micron, Peloton, Workday, Nike, CarMax, and More
Fiscal fourth-quarter revenue at chip maker Micron falls sharply from a year earlier, Peloton stock surges after signing a five-year partnership with Lululemon, and Nike and CarMax are scheduled to report earnings Thursday.
2023-09-28 16:46
Explainer-How climate change is fueling hurricanes
Explainer-How climate change is fueling hurricanes
By Gloria Dickie (Reuters) -Hurricane Idalia's arrival on Florida's Gulf Coast on Wednesday signaled activity in the Atlantic's hurricane alley
2023-08-30 21:16
College Entrance Exams to Cut ‘Killer Questions’ in South Korea
College Entrance Exams to Cut ‘Killer Questions’ in South Korea
South Korea will stop asking “killer questions” on notoriously competitive college entrance exams in an effort to make
2023-06-20 12:27