TECHNOLOGY

Twitter's legal team slams Elon Musk's attempt to terminate deal to acquire

Twitter is suing Elon Musk to force him to complete the acquisition

Musk’s attorney alleged in Friday’s letter that Twitter (TWTR) is “in material breach of several provisions” of the agreement, saying the company withheld data requested by Musk to assess the number of bots and spam accounts on the platform. Twitter’s legal team hit back in a letter on Monday, calling Musk’s attempted firing “invalid and …

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The Gemini South Telescope delivered this view of the west wall of the Carina Nebula

First color images from NASA’s James Webb Space Telescope to be released

NASA prepares to show what the James Webb Space Telescope is capable of when the space agency releases the first color images of the observatory before beginning science operations revealing the mysteries of the universe. After Christmas morning launch, the telescope’s 6.5-meter mirror opened and its tennis-court-sized sunshade extended into space. The telescope is now …

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Bitcoin plunged.  Why an economist sees a 40% rally ahead.

Bitcoin plunged. Why an economist sees a 40% rally ahead.

Text size Crypto prices have crashed, but an economist sees Bitcoin ending the year stronger. Martin Bureau/AFP via Getty Images The recent cryptocurrency price crash has been profound, with the total market capitalization of the digital asset space shrinking to $850 billion from nearly $3 trillion in less than eight months. Issues within crypto itself, …

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India’s liquid mirror telescope ready to observe the night sky

The International Liquid Mirror Telescope in its building in the Himalayas.Photo: John Surdej High in the Himalayas, a new telescope is installed to observe the night sky. The craft has a 4-meter (13-foot) lens, but here’s the kicker: it’s made of liquid mercury, a material rarely used for astronomical imaging. Called the International Liquid Mirror …

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MP Kristyn Wong-Tam befriends a capybara

Explainer: Check out the AI ​​art generator that’s breaking the internet

Have you ever wondered what Congresswoman Kristyn Wong-Tam would look like next to a capybara? What about what Doug Ford might look like if he appeared in the 2019 horror movie “Midsommar?” A hilarious internet tool can show you…sort of. It’s still learning. A new AI model that generates illustrations from human-typed text is grabbing …

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A trader works at his post on the floor of the New York Stock Exchange, Wednesday, June 1, 2022.

Silicon Valley is preparing for the end of the good times

Silicon Valley is also arguably more sensitive than some other industries to changing economic conditions, including rising interest rates, given the number of tech companies that depend on easy access to funding to pursue their ambitious projects before making a profit, or in some cases, even generating income. In recent weeks, investors and industry veterans …

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Reuters Charts

US retailers slash prices but services keep inflation high

WASHINGTON, June 9 (Reuters) – Major U.S. retailers like Target Corp (TGT.N) and Walmart Inc (WMT.N) have slashed prices to clean up overcrowded warehouses, but hotel revenue is surging as daily room rates and occupation have broken above pre-pandemic levels. Used car prices are no longer rising at the breakneck pace that drove an initial …

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