
Sam Altman’s Worldcoin Crypto Project Officially Launches
It took three years, multiple digital-asset market dislocations and hundreds of millions of dollars, but the eyeball-scanning crypto
1970-01-01 08:00

Twitter rebrands to X as part of Elon Musk’s plan to create an ‘everything app’
Twitter has rebranded to X as part of Elon Musk’s plan to create an “everything app”. The tech billionaire, who took over the platform in October 2022, launched the new logo over the weekend after crowdsourcing ideas for users. He also reportedly informed employees by email that Twitter would become X, as well as redirected the domain X.com to Twitter.com. Mr Musk said Twitter’s famous blue bird logo would eventually be phased out entirely. Linda Yaccarino, who Mr Musk hired to be the chief executive of Twitter last month, confirmed the switch in a series of tweets late on Sunday. “It’s an exceptionally rare thing – in life or in business – that you get a second chance to make another big impression,” she wrote. “Twitter made one massive impression and changed the way we communicate. Now, X will go further, transforming the global town square.” Ms Yaccarino described the app as the “future state of unlimited interactivity”, incorporating audio, video, messaging, payments and banking. “There’s absolutely no limit to this transformation,” she added. “X will be the platform that can deliver, well... everything.” Mike Proulx, research director at Forrester, said on Sunday that the move would further alienate Twitter’s original, and once fiercely loyal, user base. “On the one hand, you can make the argument he would be getting rid of an iconic brand. On the other hand, he is signalling it is a new day for what was once Twitter and that the company is heading in a different direction with a different user base.” Mr Musk said in a Sunday post he wanted to change Twitter’s logo and polled his millions of followers whether they would favour changing the site’s colour scheme from blue to black. He posted a picture of a stylized X against a black outer space-themed background. “And soon we shall bid adieu to the Twitter brand and, gradually, all the birds,” he said. Under Mr Musk’s tumultuous tenure since he bought Twitter in October, the company has changed its business name to X Corp, reflecting the billionaire’s vision to create a “super app” like China’s WeChat. In April, Twitter’s legacy blue bird logo was temporarily replaced by Dogecoin’s Shiba Inu dog, helping drive a surge in the cryptocurrency’s market value. The company came under widespread criticism from users and marketing professionals when Musk announced early this month that Twitter would limit how many tweets per day various accounts can read. The daily limits helped Meta Platforms-owned rival service Threads, which crossed 100 million sign-ups within five days of its 5 July launch. Twitter did not respond to a request for comment about the latest changes. Additional reporting from agencies Read More TikTok is now most favourable single source of news in UK teenagers, research shows Apple’s next iPhone may include new battery technology, report suggests DMs may come to Threads soon as app’s user base grows to one-fifth of Twitter’s Battery breakthroughs are about to trigger a transport revolution
1970-01-01 08:00

Julius Baer Profit Jumps With New Inflows From Credit Suisse
Julius Baer Group Ltd.’s profit jumped in the first half of 2023, aided by better-than-expected inflows of client
1970-01-01 08:00

Wall Street AI Optimism Gives Taiwan Tech Rally Another Boost
The rally in Taiwan’s technology stocks is likely to continue as earnings at hardware firms are expected to
1970-01-01 08:00

Byju’s, Creditors Aim to Amend $1.2 Billion Loan Terms
A group of lenders to Byju’s is working with the Indian education-technology startup to change the terms of
1970-01-01 08:00

Sam Altman’s Worldcoin Token to Launch Monday, Semafor Reports
The cryptocurrency of OpenAI Inc. Chief Executive Officer Sam Altman is set to launch Monday, Semafor reported. A
1970-01-01 08:00

Alibaba to Stay on Sidelines of Ant’s $6 Billion Stock Buyback
Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group
1970-01-01 08:00

Xi’s Pitch to Investors Hinges on Revitalizing State-Owned Firms
Beijing is on a mission to revamp its state-owned enterprises, and show the world that investing in President
1970-01-01 08:00

Top Taiwan Bank Looks to Southeast Asia in Shift From China
One of Taiwan’s largest lenders is shifting its business and hiring focus to Southeast Asia as its corporate
1970-01-01 08:00

Israeli startups act to relocate over judicial shakeup, survey finds
By Emily Rose JERUSALEM Nearly 70% of Israeli startups have taken action to relocate parts of their business
1970-01-01 08:00

Scientists discover strange 'candyfloss' planet with fluffy atmosphere
Scientists have discovered one of the strangest exoplanets ever that is so light and fluffy that it is actually being compared to candyfloss (or cotton candy if you are American). The planet is called WASP-193b and is 1,232 light-years away and was discovered by researchers at the University of Liège in Belgium. The findings of their study, led by astronomer Khalid Barkaoui has been published on arXiv. The planet, which is believed to be a so-called gas giant is nearly 50 per cent bigger than Jupiter and is orbiting a Sun-like star named WASP-193, which the scientists believe is up to 6 billion years old. Although this star is slightly bigger than our sun it is still said to have the same temperature but compared to Earth, WASP-193b orbits its star just every 6.25 days. Sign up to our free Indy100 weekly newsletter By studying the planet, Barkaoui and his team were able to determine that its density was around 0.059 grams per cubic centimetre. Earth's density per cubic centimetre for comparison, is 5.51 grams whereas candyfloss has a density of 0.05 grams. There are few other examples of a planet like this existing but its close proximity to a star may give an indication as to how it came to exist as its heat is likely to have warmed up the planet's puffy atmosphere, which is mostly made up of hydrogen and helium. This state of the planet is only set to last for around a few ten million years as the temperatures and winds emitted from the star are only likely to strip back the atmosphere further. Due to this scientists cannot fully recreate or determine what is causing WASP-193b's unique atmosphere but is it likely to be a continued source of study to try and determine the cause of this phenomenon. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00

Art fans shocked after spotting 'Sputnik satellite' in 400 year old religious painting
Time travel, or just an illusion? Eagle eyed art lovers have spotted what appears to be a satellite in a four-century old painting of Jesus Christ. The Father, the Son and the Holy Ghost are depicted in the ‘Glorification of the Eucharist’, a painting by Ventura Salimbeni from 1595. But in the background is something surprising – a blue sphere with spikes sticking out of it, which some people have interpreted as Sputnik, the first satellite to orbit the Earth in 1957. Sign up to our free Indy100 weekly newsletter Steve Mera, chairman of the Manchester Association of Paranormal Investigation & Training (MAPIT) and a paranormal specialist and lecturer, said at a conference: “You start to find a lot of religious connotation linked in with the UFO phenomenon. “This painting [the Eucharist] was painted in the 1600s and nobody ever really knew what that was a painting of, until we kind of looked at Sputnik, which was the first satellite to pass round the Earth,” he said. “What is really, really interesting is it is surprisingly similar to Sputnik, even to the point there is a little nodule there (on Sputnik) and the exact same nodule on the side there [on the object in the painting].” Clearly, Salimbeni wouldn’t have known about Sputnik. Or would he…? Mera added: "Did they somehow have knowledge of future events?" Well, we can probably assume not. Instead, experts think the ball is a representation of the so-called celestial sphere (or the universe), while the spikes indicate God’s power over it. But for conspiracy theorists, it’s yet another win for time travel. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00