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Tesla directors pay $735mln to settle lawsuit over excess compensation

WILMINGTON: Tesla Inc.’s (TSLA.O) directors will refund $735 million to the business in one of the largest shareholder settlements of its kind, according to a Monday filing in a Delaware court. The agreement resolves a lawsuit filed in 2020 by a retirement fund that owns Tesla stock and disputed stock options given to Tesla directors beginning in June 2017. The…

Solar flare warning: Sun to shoot fireballs at Earth

Russian scientists have warned of a series of chaotic upheavals on the Sun’s 10,000-degree Fahrenheit surface, which might result in gigantic solar flares whipping the Earth on Monday, disrupting satellite communications on a massive scale. Three solar flares were spotted on Sunday, according to scientists, with the Fedorov Institute of Applied Geophysics in Moscow stating that “Class X flares, including…

Apple’s M3 Macs set to make a powerful splash in October!

According to Bloomberg’s Mark Gurman, Apple will debut its first line of M3-powered Mac laptops in October. The iMac, 13-inch MacBook Air, and MacBook Pro are all likely to be part of the new lineup, which will be powered by Apple’s next-generation silicon. According to Gurman, the M3-powered Macs will be released after Apple’s September presentation, which is expected to…

India to introduce first AI presenter

IT and AI industries in India have recently experienced a tremendous upsurge as global interest in and development of artificial intelligence (AI) has increased by leaps and bounds. Many content creators are still experimenting with AI in order to better understand its intricacies and ramifications, but some businesses have taken AI to levels that have astounded people. In an effort…

Musk says Twitter has lost half its advertising revenue

Elon Musk, the owner of Twitter, announced on Saturday that the social media site he purchased for $44 billion last October had lost almost half of its advertising revenue. “We’re still negative cash flow, due to a 50% drop in advertising revenue plus a heavy debt load,” the billionaire wrote in response to a user who offered financing solutions for…

WhatsApp’s newest feature improves group talks

WhatsApp, the famous messaging app, is once again working to improve user experience with another platform improvement, according to WABetaInfo. The Meta-own instant messenger has improved its group chat feature, making it easier to identify participants. According to the WhatsApp news tracker, the enhancement is to the participants’ profile icons. “WhatsApp is improving those thumbnails within group chats by introducing…

Bard: Google’s AI chatbot to support Urdu

The Artificial Intelligence chatbot “Bard” from Google will handle nine Indian languages, including Urdu. According to an Indian news agency, it would support Hindi, Tamil, Telugu, Bengali, Kannada, Malayalam, Marathi, Gujarati, and Urdu. Google Bard now supports 40 languages. According to Google, users can hear precise pronunciations of words, sentences, and responses by typing a prompt and selecting the sound…

Japan space agency rocket engine explodes during test

TOKYO: A rocket engine detonated during a test in Japan on Friday, but no one was hurt, according to a Ministry of Education, Science, and Technology official. The failure of the Epsilon S engine at the Japan Aerospace Exploration Agency (JAXA) testing site is the latest in a string of setbacks that have harmed Japan’s space ambitions. According to the…

Govt mulls strict laws to combat social media disinformation

ISLAMABAD: The government has resolved to alter the Prevention of Electronic Crimes Act of 2016 (PECA) to combat the spread of fake news and propaganda, and appropriate laws are being considered. Last year, Prime Minister Shehbaz Sharif formed a committee chaired by Law and Justice Minister Senator Azam Nazeer Tarar, and the committee is now nearly finished with the help…

NASA to unveil new Webb image on telescope’s first anniversary

A year after the James Webb Space Telescope first astounded the world with spectacular vistas of the far reaches of the cosmos, NASA is due to reveal a brand-new image from it on Wednesday. In December 2021, French Guiana launched Webb, the most potent observatory in orbit, on a million-mile (1.6 million-kilometer) journey to the second Lagrange point. On July…