Business, Financial & Legal News - Page 1
Tesla CEO Elon Musk has challenged Meta and Facebook founder Mark Zuckerberg to a cage fight that will be organized by UFC president Dana White and take place in Vegas.
How did this fight even start? The back and forth between Musk and Zuckerberg began when Mario Nawfal, an entrepreneur and CEO of IBC Group, tweeted about Meta's rumored new app that is meant to be the company's answer to Twitter. The new rumored app is called "Threads" and, according to leaks, will have automatic integration with Instagram, meaning Instagram users will be able to migrate all their followers over to their Threads accounts automatically.
These rumors caught the attention of Musk, who responded facetiously by saying, "I'm sure Earth can't wait to be exclusively under Zuck's thumb with no other options. At least it will be 'sane.' Was worried there for a moment 😅." This sparked a response from a Twitter user warning Musk that Zuckerberg to "be careful" as "Zuckerberg does jujitsu now", which Musk responded to by saying, "I'm up for a cage match if he is lol".
In what seems like a bunch of internet hot air, Elon Musk challenged Mark Zuckerberg to a cage fight, and Zuckerberg accepted, writing back, "Send me location".
Last week the internet was lit on fire when Tesla and SpaceX CEO Elon Musk challenged Meta and Facebook founder Mark Zuckerberg to cage fight, which Zuckerberg accepted by referencing UFC superstar Khabib Nurmagomedov's call out to Conor McGregor. Since the initial challenge, Musk has been revealing more details about the potential bout, tweeting it would be held in the Vegas octagon with MMA rules.
Speaking with TMZ, UFC president Dana White said that he has spoken to both Musk and Zuckerberg the day after the challenge was sent, and according to White, both participants are "absolutely dead serious" about getting in a ring with each other. According to the UFC president, Zuckerberg was the first to touch base with White asking if Musk was serious about the challenge. White said to the Meta CEO he would contact Musk and find out, which he did, and according to White, Musk's response was, "I'm dead serious".
Reports indicate that Google is currently testing a new online gaming experience that it plans on rolling out under its subsidiary company, YouTube.
A new report from The Wall Street Journal on Friday revealed that Google sent an email to its employees informing them to playtest a new product it's calling "Playables". As the report states, Playables is currently being tested, and employees that were invited have been instructed to explore and evaluate the gaming capabilities of the platform, which includes arcade titles such as Stack Bounce.
Notably, the titles that are available on the platform have been locked to web browsers only, with no word of an official YouTube client to launch larger games. For example, reports state that each title that is being play tested is playable through YouTube's web browser and Google's Android and Apple's iOS operating systems.
The world's biggest YouTuber, Jimmy "MrBeast" Donaldson, has revealed that he was meant to be on the OceanGate submersible that recently imploded, fatally wounding five passengers.
It was only a few days ago that the US Coast Guard gave the unfortunate news that OceanGate's submersible called Titan was confirmed destroyed, and the five passengers aboard were pronounced deceased.
The submersible was on its way 12,500 feet below the surface of the ocean to visit the wreckage of the iconic Titanic when communications dropped out. Recent reports indicate that shortly after the communications dropped out, a top-secret US Navy system used to detect enemy submarines detected an implosion.
Canada's Senate has passed a new bill that will force Google and Meta to pay media outlets for news content shared in the region.
The new legislation that was passed in Canada's Senate is called the Online News Act, or officially Bill C-18, and according to reports, it will force tech companies such as Meta and Google to pay news publishers for their content. Meta has responded to the recently passed Bill that is expected to become law by saying it will comply with the Online News Act by removing news from Facebook and Instagram in Canada.
"We're doing everything we can to avoid an outcome that no-one wants. Every step of the way, we've proposed thoughtful and pragmatic solutions that would have improved the Bill and cleared the path for us to increase our already significant investments in the Canadian news ecosystem. So far, none of our concerns have been addressed," said Google spokesperson Jenn Crider in a statement to The Verge.
Reddit is getting many subreddits back online after informing moderators that the company would appoint new moderators to reopen the subreddit if the blackout isn't ended.
Thousands of subreddits went dark after Reddit announced new pricing for its API, which directly affects third-party developers that create tools and apps using Reddit's data. These new pricing changes made it impossible for popular third-party apps such as Apollo to operate, as it would cost the app $10 million a year for Reddit's API. Additionally, many volunteer moderators take advantage of third-party tools to make their job of moderating the subreddit much faster and more efficient. Some of these tools would now no longer exist.
Now reports indicate Reddit is pressuring moderators of subreddits that are still protesting the API changes. According to an employee of Reddit, who spoke to a moderator of a subreddit, Reddit's "expectation here is that communities reopen," per a moderator of r/DIY. According to the moderator, the fear is that Reddit will replace the moderators with new people that "don't care about the subreddit the way we do", running the risk of the entire subreddit being ruined.
Elon Musk has challenged Mark Zuckerberg to a cage fight, and while the likelihood of such an event taking place seems extremely low, stranger things have happened.
How did this even begin? Mario Nawfal, an entrepreneur and CEO of IBC Group, tweeted about Meta's rumored app called Threads, which is expected to be the company's direct response to Twitter. According to these rumors Threads will have automatic integration with Instagram, allowing Instagram users to pull all of their following/account over to Threads, which will essentially work in the same fashion as Twitter.
Nawfal's tweet caught the attention of Musk, who responded facetiously by saying, "I'm sure Earth can't wait to be exclusively under Zuck's thumb with no other options. At least it will be 'sane.' Was worried there for a moment 😅." A Twitter user responded to Musk by saying, "Better be careful, @elonmusk. I heard he [Zuckerberg] does jujitsu now," to which Elon replied, "I'm up for a cage match if he is lol."
An industry analyst said Apple has a few unannounced features for its recently unveiled Vision Pro headset.
Apple dropped a bomb on the technology industry with the recent unveiling of the Vision Pro headset. The company showcased a multitude of impressive features and applications of the Vision Pro, such as eye-tracking technology to navigate menus, 4K+ displays in each eye, a VR/real-world bleed wheel, and the ability to watch movies on a cinema-size screen.
According to Wayne Ma, Apple didn't showcase all of the Vision Pro's features, and the list of unannounced features includes fitness and wellness apps, per former Apple employees that worked on the Vision Pro. Gizmochina states that Vision Pro was originally conceived as a product that was going to revolutionize fitness and health applications, with the eventual plan of collaborating with big sports brands such as Nike to offer exclusive content/experiences within Vision Pro.
The numbers have been released regarding the United States national debt, and as of June 15, the total US debt has reached $32.03 trillion.
According to the FiscalData that was recently released, there was a $571 billion increase in debt from June 1, when the total was at $31.46 trillion, to June 15, its current total of $32.03 trillion.
DailyHodl points out that the total US debt now exceeds the combined Gross Domestic Product (GDP), the measurement used to determine the total value of the goods and services provided by a country, of China, United Kingdom, Japan, and Germany. Another way to look at it is every American household has a debt of approximately $244,000.
Elon Musk has challenged Meta and Facebook founder Mark Zuckerberg to a cage fight, Zuckerberg has accepted, and a location has been mentioned.
The saga began when Musk said that he was "up for a cage fight" with Zuckerberg on a post that was discussing rumors that Meta is preparing to launch a Twitter-killer called "Threads". The rumors suggested that this new app was Meta's "response to Twitter" and would allow Instagram users to automatically migrate all their followers/user information, making the transition seamless.
Musk wrote, "I'm sure Earth can't wait to be exclusively under Zuck's thumb with no other options. At least it will be "sane". Was worried there for a moment 😅". Followed by, "I'm up for a cage match if he is lol", which sparked a response from Zuckerberg, who posted on his Instagram Story, the below image that says "Send me location". Musk promptly responded by writing, "Vegas Octagon" and explained that he has a special move called "the walrus" where he lays on top of his victim and "do nothing".