Musk Buys Twitter for $44 Billion and Fires CEO Parag Agrawal

Elon Musk has been a constant visitor in regular news for a prolonged period. And this time, Musk did something crazy. It was right after purchasing Twitter for a whopping deal of $44 billion, Musk fired its CEO, Parag Agrawal. The firing didn’t only end with the CEO but also the top executives. There was …

The Inflation Reduction Act – A Welcome Change for the Average American?

Aiming to reduce the deficits and lower inflation, President Biden signed the Inflation Reduction Act on 16 August 2022. The bill proposes reduced healthcare and drug expenses and investment in domestic energy production to battle climate change. Essentially a scaled-down rendition of the Build Back Better Act proposed in 2021, President Joe Biden calls it …

US Commerce Department Passes Funding Bill

In an attempt to control semiconductor-manufacturing companies from using subsidies for their personal growth and agenda, the US Commerce Department has decided to put a cap on the government subsidies that semiconductor firms use. Before the US Commerce Department limited government subsidies, the legislation provided US$52 billion to improve and boost the chip industry. The …

Elon Musk Clinched a Deal to Acquire Twitter for $44 Billion with Interesting Plans for the Future

On April 24, 2022, Twitter announced that it had struck a definite deal with Elon Musk regarding its acquisition. The Tesla CEO is all set to buy out the social media giant for $54.20 per share in cash, valuing the company at around $44 billion. The agreement between Twitter and Musk has sparked debates about …

Amazon Achieves Another Milestone With A Thriving Ad Business

Amazon has successfully added another feather to its cap with a rapidly growing advertising business. It has been consistently outperforming well-known names in the field, such as Facebook and Google. In 2018, Amazon’s ad revenue more than doubled year on year, reaching $10 billion. Analysts predict that it will grow significantly in the coming years. …

Tesla Omits a Steering Component to Contrive with Worldwide Chip Dearth

On the verge of their fourth-quarter sales, alongside nursing the deficiency of chip shortages, Tesla designed a cutback in one of their steering components for specific models of their cars. The news of this alteration was not instantly disclosed, but it had already affected tens of thousands of cars delivered to Australia, China, the United …

ATC Honored to be Invited to Delaware State University Molecular Diagnostic Lab Ribbon Cutting

January 29, 2021: The ribbon cutting ceremony offered a short respite from Advanced Technology Corp’s work schedule of continuing to roll out and innovate the COVID VADDS platform in addition to doing the same for VADDS and Vetstar. Having worked extensively with many departments within Delaware State University (DSU), it was rewarding to see them …

Silicon Power Installs Innova STS Sub-cycle Transfer Switch at the National Institute of Standards and Technology (NIST)

Maximizing NIST’s Power Resilience for Uninterrupted Operations MALVERN, PA, January 8, 2021 – Silicon Power Corporation today announces the installation of an Innova STS sub-cycle transfer switch at the National Institute of Standards and Technology (NIST) in Boulder, CO. The Innova STS monitors the power quality of two distinct and redundant feeders to the NIST …

AZD1222 vaccine met primary efficacy endpoint in preventing COVID-19

Two different dosing regimens demonstrated efficacy with one showing a better profile. No hospitalisations or severe cases of COVID-19 in participants treated with AZD1222. Positive high-level results from an interim analysis of clinical trials of AZD1222 in the UK and Brazil showed the vaccine was highly effective in preventing COVID-19, the primary endpoint, and no …

Variti partners with Kx to support users seeking bot protection worldwide.

Variti – a global provider of user-focused bot management solutions and Kx, the world’s fastest streaming analytics platform, have partnered to provide an enhanced offering to users seeking bot protection worldwide. Kx will underpin Variti’s platform, enabling the identification and mitigation of even the most sophisticated automated cyber threats in real time, without compromising user …