According to Bloomberg, US investor Twitter Inc. Giuseppe Pampena has filed a lawsuit in San Francisco Federal Court against Elon Musk, accusing him of manipulating the value of Twitter shares.
Pampena claims that in deciding to buy Twitter in early October at its original $44 billion price tag, Musk “essentially admitted he was bluffing all along” about pulling out of the deal. The lawsuit also alleges that Musk manipulated the company’s share price by blaming Twitter for bots and other problems. Thus, the billionaire allegedly tried to get a discount, but at the same time caused financial damage to investors who own shares in Twitter Inc.
Musk began making statements, tweeting, and engaging in activities designed to cast doubt on the deal and substantially lower Twitter stock to create leverage that Musk hoped to use to either pull out of the purchase or renegotiate the deal, but at a 25% discount. %, which, if implemented, will lead to a reduction in the buyback amount by $11 billion. Musk’s conduct was fraudulent and illegal.”
The text of the class action lawsuit, filed on Monday in federal court in San Francisco, said: “Musk made statements, posted messages on Twitter, and took other actions aimed at casting doubt on the deal and lowering the value of Twitter Inc. securities. In this way, he hoped to create conditions for exiting the original deal and renegotiating it, but at a 25% discount, that is, $11 billion.”
Musk has previously been sued at various stages of the Twitter purchase.
Windows 12 will be released in September-October 2024, but its capabilities will be limited on many computers
The next big Windows 11 update is called Hudson Valley. It is so big that it will be released as Windows 12. Windows 11 “grew” from Windows 10 in approximately the same way, so there is nothing surprising.
Windows 12 will be released in the second half of 2024, according to Windows Central. At the same time, the RTM version will appear quite early – already in April, but the OS will be finalized only by August. And as a major over-the-air update to the current Windows 11, Windows 12 will be released in September or October 2024.
In Windows 12, the emphasis will be on AI: artificial intelligence will be “woven and integrated” throughout the operating system, and its work will require new hardware with an NPU – a neural processor, the purpose of which is to accelerate AI tasks. The only problem is that the NPU appeared only in the latest generations of Intel and AMD processors. Accordingly, on a PC with these processors, all system functions will work entirely, but on computers with conventional processors, without an NPU, the AI functions will be either limited or will not work at all.
One UI 6.0 on Android 14 released for Galaxy S21 FE in Europe
At the beginning of the week, One UI 6.0 firmware based on Android 14 was released for the Galaxy S21 FE version for the North American market, and now a similar version of the software has been released for the European Galaxy S21 FE.
Update number G990B2XXU5FWK3, is already being distributed in Europe (particularly in Germany). The software is 2.4 GB in size and includes the November Android security updates.
Let’s remember that the Galaxy S21 FE came out in January 2022 with Android 12 out of the box. Android 14 is not the last for it – Samsung promises to release Android 15 for this model.
The company of the former owner of Twitter launched Bitkey – a hardware wallet for bitcoins
The Block company of entrepreneur Jack Dorsey, co-founder and former head of the social network Twitter (now X), announced the launch of a hardware crypto wallet called Bitkey for storing Bitcoin. Bitkey is shaped like a black hexagon and is complemented by a mobile app and a set of tools for recovering private keys in case you lose your wallet, smartphone, or both devices. According to the creators, Bitcoin is a safe and easy way for people with varying levels of Bitcoin experience to take control of their finances, gain peace of mind and independence from any one organization.
Bitkey works based on a 2 of 3 multi-signature system: the client is given two keys – one of them is in the mobile application, and the second is stored offline in the hardware device. Through the application, you can make Bitcoin transactions from your smartphone, track your balance and manage security settings. The hardware key serves two main purposes: an additional layer of security for co-signing money transfers (based on the limit set by the client) and data recovery if the phone is lost.
The third key resides on the Bitkey server and is used for only two purposes: moving bitcoins for smartphone-only transactions (no hardware device) and recovering the wallet in case you lose your phone, hardware device, or both. Since Bitkey only has access to one key, and not two or three at once, an organization cannot access a client’s funds without the client’s knowledge. Bitkey is currently available for pre-order in 95 countries for $150, with deliveries expected to start in early 2024.
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