Monday, 6 May 2024
Author: otd.today
Warren Buffett

Warren Buffett wanted to invest $3B into Uber

Warren Buffett’s proposal of investing $3 billion in Uber Technologies Inc. fell apart due to disagreements over the terms and size of the deal. Under the proposed agreement, Berkshire Hathaway would have provided a convertible loan to Uber that would have protected Buffett’s investment during financial difficulty. During negotiations, Uber Chief Executive Officer Dara Khosrowshahi proposed […]

Oculus

Oculus launches Venues app for Oculus Go and Gear VR

As part of American technology company Oculus VR’s push to make Virtual Reality both a social experience and a medium that goes beyond gaming, the company is launching a platform for live entertainment experiences called Oculus Venues. It is centered on delivering live events and concerts like a streaming TV service, but in VR. The […]

North Korean Official Kim Jong Chole on his way to the US

Kim Yong Chol, a top official of North Korean leader Kim Jong un is visiting the US. He is expected to lay the groundwork for talks between Kim and US President Donald Trump. Trump has confirmed the news of Kim Yong Chol’s trip. Kim will meet Secretary of State Mike Pompeo and would be the most […]

Search for missing Malaysia Airlines MH370 ends

The search for flight MH370 which vanished in March 2014 with 239 people on board, from Kuala Lumpur to Beijing ended on Tuesday, four years after the plane disappeared. The US exploration firm Ocean Infinity hired for the search by Malaysian government found no signs of the plane except for three fragments on western Indian […]

Nasdaq

Political crisis in Italy shakes global markets

On Tuesday, the Dow Jones Industrial Average tumbled 391 points, or 1.58%, to 24,361. The S&P 500 declined 1.16% and the Nasdaq was down 0.50%. Stocks fell sharply, as a political crisis in Italy rocked markets across the globe. Italian President Sergio Mattarella appointed a caretaker government, led by a former International Monetary Fund official, […]

US concerned about the India Russia S400 deal

Conclusion of the purchase of five S-400 Surface-to-Air Missile systems by India from Russia has evoked concerns from the United States. The deal is expected to be announced later. U.S. Arms Service Committee Chairman Mac Thornberry said that the U.S. has serious reservations about Russia’s S-400 missile system and India moving ahead with the deal […]

plastic straw

European Union plans to ban single-use plastics

The European Commission has proposed banning single-use plastic products such as cotton buds and plastic straws. Under the proposal, single-use plastic products will be banned and replaced with more environmentally sustainable materials. It also requires EU countries to collect 90 percent of single-use plastic drink bottles by 2025 and producers to help cover costs of waste […]

Jeff Bezos

Amazon’s Jeff Bezos reveals his vision for Space exploration

At the annual meeting of the National Space Society, Jeff Bezos, the founder of Amazon has vowed to use his rocket startup, Blue Origin LLC to develop robotic rovers and human habitats on the moon’s surface, even if the U.S. government doesn’t support such projects financially. He laid out his vision for lunar exploration and […]

Ireland abortion referendum passes with a majority saying Yes

Ireland’s referendum on abortion passed by a landslide with 66.4% votes to repeal a constitutional amendment that bans abortion under all circumstances. Abortion rights activists and yes voters celebrated the landmark vote. This polling comes in the wake of UN’s Human Rights Council calling on the Irish government to reform its laws when a woman […]