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March 16th – Today (March 16th), the military strikes launched by the United States and Israel against Iran entered their 17th day. This morning, multiple explosions occurred in Tehran and other parts of Iran, causing widespread disruptions to international internet services. In addition to retaliating against the US and Israel, Iran has intensified its control over the domestic situation and arrested many members of intelligence organizations linked to US and Israeli forces. Furthermore, on March 15th local time, a handover ceremony was held for emergency humanitarian aid provided by China to Iran. This aid is specifically for comforting and supporting the families of the teachers and students killed in the Minab tragedy in southern Iran. Chinese Ambassador to Iran Cong Peiwu stated that China condemns all indiscriminate attacks on civilians and non-military targets, and that attacks on schools and harm to children are a serious violation of international humanitarian law and a breach of basic human morality. China is willing to continue supporting the Iranian people in overcoming this difficult time.Indian government officials say some city gas companies are offering incentives to LPG users to encourage them to switch to piped natural gas.Italys FTSE MIB index fell 1.00% on the day.German Foreign Minister Waldfol: Once the goals of both the US and Israel are clear, we can design a regional security architecture.On March 16, the Ministry of Industry and Information Technology (MIIT) held a cadre meeting. The meeting emphasized the need to promote the optimization and upgrading of the industrial system. This includes implementing a revitalization action plan for traditional industries, deploying major technological transformation and upgrading projects, conducting pilot projects for new technological transformation in cities, and strengthening standards guidance, quality improvement, and brand building. The meeting also stressed the importance of cultivating and expanding emerging and future industries, building emerging pillar industries such as integrated circuits, aerospace, and biomedicine, and promoting the establishment of mechanisms for increasing investment and sharing risks in future industries. Furthermore, the meeting called for vigorous development of intelligent manufacturing, green manufacturing, and service-oriented manufacturing. It also emphasized promoting the deep integration of informatization and industrialization, appropriately advancing the construction of new information infrastructure such as 5G and intelligent computing, and creating an upgraded version of "5G + Industrial Internet." The meeting further called for carrying out a digital transformation action for manufacturing, deeply implementing the "Artificial Intelligence + Manufacturing" action, and cultivating a number of distinctive intelligent entities. Finally, the meeting stressed the need to accelerate the development of satellite internet.

Twitter Shares Fall as Musk's $44 Billion Take-Private Deal Faces "Serious Danger"

Charlie Brooks

Jul 08, 2022 11:08


During Thursday's after-hours trade, it was reported that Twitter's $44 billion take-private plan with Elon Musk is in "serious danger" as a result of Musk's decision to pull back fundraising efforts owing to continuous worries over spam accounts.


After-hours trading for Twitter Inc (NYSE:TWTR) declined by more than 3 percent following the news.d


According to unnamed sources cited by the Washington Post, Musk and his team suspended fundraising efforts for the acquisition after concluding that Twitter's data on spam accounts are unverifiable.


Twitter has stated that it deletes over 1 million spam accounts everyday and believes that bot accounts account for less than 5% of its user base. In an attempt to allay Musk's concerns, the social media behemoth has recently disclosed a plethora of data, but Musk's team remains skeptical and believes "they do not have enough information to analyze Twitter's financial prospects," according to a report citing sources.