Friday, 3 May 2024
Author: otd.today

H&M is collaborating with Moschino for its new collection

Moschino Creative Director Jeremy Scott announced that the storied fashion label was planning a collaboration with the highly popular Swedish retailer H&M. According to Vogue, prices will range from $25 to $300. Scott’s designs are bold and unconventional which is the reason for the star-studded audiences at the Moschino runway shows. For 14 years, H&M has been producing highly […]

Maserati’s answer to Tesla

Maserati’s full-electric Alfieri sportscar, with a top speed exceeding 186 miles per hour and an acceleration from zero to 62 mph in less than two seconds is out to compete with Tesla’s Model S P100D in its fastest Ludicrous mode manages that sprint in just over 2 seconds. The Alfieri was first shown to the public […]

Malaysia crowdfunds to pay off its national debt

Malaysia has set up a fund called Malaysia Hope Fund for the public to donate cash to help the new government repay the national debt of $250.8bn. The finance ministry provided the name of a local bank and an account number for contributions which it said must be made in local currency. Malaysian Prime Minister […]

Ex Googler Nikesh Arora named CEO of Palo Alto Networks

Nikesh Arora, the former chief business officer at Google, has been named CEO and chairman of Palo Alto Networks which sells firewalls and other tools to prevent incursions of corporate networks by malicious elements. Arora replaces executive Mark McLaughlin who becomes vice chairman of the cybersecurity company. Arora said that he was attracted to the […]

Facebook

Facebook will take down Trending Topics section next week

The Trending news box to the right of the desktop News Feed in Facebook will be removed next week after years of criticism around how Facebook picked stories for the Trending box and the reliability of news being distributed. Other ways to deliver news are being tested including breaking news labels and a section displaying local […]

Visa services gradually getting back to normal after a massive outage

Visa says its service is close to normal after a system failure that left customers across Europe unable to make purchases. The company apologized and said that the hardware failure wasn’t due to unauthorized access or malicious event. Shoppers had reported being stuck in queues and a Visa spokesman said that the system failure had […]

Self driving cars

Softbank and GM are investing $3B in self driving cars

As an effort to develop self-driving cars, Japan’s tech investment company Softbank will invest $2.25 billion in General Motors’ autonomous vehicle efforts. GM has announced that it is investing $1.1 billion in the joint effort. CEO Mary Barra said the investment will help GM to launch autonomous vehicles next year. The self-driving car division of […]

Carlo Cottarelli

Italy gets a populist government

After an inconclusive parliamentary election in March, Italy’s anti-establishment 5-Star Movement and the right-wing League succeeded in forming western Europe’s first populist government, which will be headed by Giuseppe Conte, a law professor at University of Florence. The Cabinet includes Di Maio, the architect of government’s proposed basic income for struggling Italians as welfare minister […]