Elon Musk, the world’s richest man, has launched a hostile takeover bid of Twitter — promising to “unlock” its “extraordinary potential” as a private company. The potential deal could be worth upwards of US $43 Billion. It’s the latest twist in a stunning multi-week saga between Musk and Twitter.

​While he is a prolific Twitter user with more than 80 Million followers, Musk is also a frequent critic of the social media service.

In a SEC filing dated Wednesday (13th April 2022), the Billionaire Tesla and SpaceX CEO proposed $54.20 a share for Twitter, calling it his “best and final offer. If it is not accepted, he added, “I would need to reconsider my position as a shareholder.”

​Musk recently disclosed he has acquired a 9.2% stake in Twitter, suddenly becoming its largest shareholder. Twitter then offered him a seat on their Board of Directors, however, Musk later declined the offer.

In a letter addressed to Twitter Chairman Bret Taylor, Musk said the following:

Twitter’s share price closed near $46 per share on Wednesday but it was up 10% in pre-market trading on Thursday morning. If Musk decided to unload his shares, it could send the company’s stock price sharply lower.

This is a developing story - refresh this page for updates.

​[Source: The Washington Post]

Online retail giant, Amazon, announced on Thursday (3rd February 2022) that it will be increasing the price of its Prime membership for U.S. customers, citing rising costs as the reason behind the decision.

In a letter to investors outlining its fourth quarter earnings, Amazon stated that increased wage and transportation costs along with its expansion of membership benefits has led to the decision to increase its Prime fees.

Monthly Prime memberships will increase from US $12.99 to US $14.99 (up 15.4%), and annual memberships will be hiked to US $139 from the current US $119 (up 16.81%). The price change will go into effect for new members starting 18th February 2022, and existing members will see their fees go up on the date of their next renewal after 25th March 2022.

For the quarter ending 31st December 2021, Amazon’s profits doubled to US $14.3 Billion, blowing past Wall Street analysts’ expectations. Wall Street had expected an Earnings Per Share (EPS) of US $3.44, but the online retailer delivered a staggering US $27.75. Investors appeared to like the results, as the company's stock shot up more than 18% in after-hours trading following the report.

This is the first time Amazon will be raising its Prime fees since 2018 — when an annual membership used to cost US $99.

​You can grab a free 30-day trial of Amazon Prime here. We may receive a small commission if you choose to support us via that Affiliate link.

[Source: Fox Business]

Facebook CEO Mark Zuckerberg announced on Thursday (28th October 2021) at the company’s Connect event that their new corporate name going forward will be Meta. Zuckerberg said at the event, “We are a company that builds technology to connect. Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy.” He added, “To reflect who we are and what we hope to build.”

He said the name Facebook doesn’t fully encompass everything the company does. “Right now, our brand is so tightly linked to one product,” he said. “But over time, I hope we are seen as a metaverse company.”

According to The Verge, the rebrand is part of the company’s efforts to shift gears away from being known as just a social media company to focus on Zuckerberg’s plans for building the metaverse.

The Verge said on Thursday, “Facebook has been under intense scrutiny over the past several weeks, after revelations based on damning internal documents provided to The Wall Street Journal by whistleblower Frances Haugen showed, among other things, that Facebook’s Instagram platform had become a toxic place for teenagers, especially girls. And antitrust regulators are pushing for the company to be broken up, as public trust in the social media platform is flagging.”

[Source: The Verge]

Apple is set to officially introduce the iPhone 13, Apple Watch Series 7, AirPods 3, and much more at a virtual streaming event today (Tuesday 14th September 2021). The iPhone 13 is expected to bring new camera features, a smaller notch, 120Hz ProMotion display technology, and much more. The Apple Watch Series 7 is expected to add an all-new squared-off design with larger displays and new watch faces.

The event will take place at 1pm ET/10am PT and will be completely virtual, featuring pre-recorded video with incredible production value, due to the ongoing Pandemic. Apple is teasing the event with the tagline: “California Streaming.” We expect appearances from Apple CEO Tim Cook and other Apple executives.

Watch the live stream below when it begins at 1pm ET/10am PT.

[Source: 9to5Mac]

Samsung’s latest flagship Galaxy phones were unveiled earlier today (Thursday 14th January 2021) at their Unpacked event - the Galaxy S21, Galaxy S21 Plus and Galaxy S21 Ultra. The S21 starts at US $799, the S21 Plus at US $999 and the S21 Ultra at US $1,199.

Surprisingly, the S21 and S21 Plus are some of the least expensive flagship phones released by Samsung in recent years. The S21 Ultra seeks to be the ultimate Samsung smartphone that cuts no corners and aims to offer the most premium phone possible — with a price tag to match.

​However, the internal changes of all three (3) models are more incremental from last year’s S20 lineup, and in some cases, they are an intentional step back. All three (3) will be available to pre-order on 14th January 2021 and will launch on 29th January 2021.

GALAXY S21 & S21 PLUS

Barring the obvious differences in screen size, battery size, and a few other minor details, the S21 and S21 Plus are almost identical devices - unlike last year’s S20 and S20 Plus.

Samsung made a few compromises in order to reach the lower starting price points of this year’s S21 (US $799) and S21 Plus (US $999). For instance, the displays, while the same 6.2-inch (S21) and 6.7-inch (S21 Plus) sizes as last year’s models, no longer have the subtly curved edges that have been a Samsung hallmark for years.

The screen resolution on the S21 and S21 Plus has been reduced from 3200 x 1440 on last year’s models to a more modest 2400 x 1080. Both phones still offer 120Hz refresh rates, although it’s dynamically adjusted now. Lastly, the RAM has also been dropped from 12GB to 8GB.

Unfortunately, the smaller S21 makes some additional trade-offs: the back panel is made of polycarbonate plastic, not glass, and it lacks an ultra-wideband radio, which the S21 Plus and S21 Ultra offer for better integration with Samsung’s new Galaxy SmartTag.

Samsung is following in Apple’s footsteps by no longer including a charging brick or headphones in the box, justifying it with similar environmental reasons (although Samsung will also likely save a few dollars by not bundling those parts).

The processor used in the S21 and S21 Plus (along with the S21 Ultra) is the latest Snapdragon 888 chipset from Qualcomm, which promises big improvements in overall performance. There’s comprehensive 5G integration on both devices, with support for mmWave and sub-6GHz networks. The fingerprint sensor has been upgraded to Qualcomm’s new 3D Sonic Sensor Gen 2, which should be faster and easier to use. As for batteries, the S21 still offers a beefy 4,000mAh battery, and the S21 Plus has been upgraded to an even larger 4,800mAh one.

The camera system remains largely unchanged from last year’s models. Both the S21 and S21 Plus offer a 12-megapixel wide-angle camera, a 12-megapixel ultra-wide camera, and a 64-megapixel telephoto lens, along with a 10-megapixel selfie camera. The S21 Plus, however, has lost the depth sensor from the previous S20 Plus.

Samsung will no longer over-smooth faces by default and will instead make it an option - which is a welcomed change.

GALAXY S21 ULTRA

The S21 Ultra will be the first Galaxy S phone to support Samsung’s S Pen stylus. Unlike the Galaxy Note series however, the S Pen does not slide into the body of the S21 Ultra (you need a special case for that). The S21 Ultra starts at US $1,199 and does not include any extras like the S Pen or a case. You can purchase the S Pen separately for US $40 or for US $1,269 you can get the S21 Ultra bundle which includes the S Pen and a case. The case holds both the phone and the S Pen but it is rather bulky, adding extra width to an already large-sized phone.

The S21 Ultra also has a lot in common with the original S20 Ultra, including a massive screen, a 108-megapixel camera, and top-of-the-line specs.

The S21 Ultra features a 6.8-inch 3200 x 1440 OLED display, with refresh rates up to 120Hz (a refresh rate the S21 Ultra can hit at full resolution, unlike last year). There’s 12GB of RAM, a 5,000mAh battery, up to 512GB of storage, and Qualcomm’s latest Snapdragon 888 processor.

Aside from the big 108-megapixel camera sensor, the S21 Ultra features an additional three (3) rear cameras. There is a 12-megapixel ultra-wide camera and two (2) separate 10-megapixel telephoto cameras: one with a 3X zoom and one with 10X zoom, which Samsung says is designed to give users more flexibility in how they approach shots. The downside of all those added sensors is that it expands the camera array to almost twice as wide as the regular S21 and S21 Ultra models.

As The Verge puts it, “With the S21 [models], if you want the best thing Samsung has to offer, you are going to have to buy the biggest thing.”

[Source: The Verge]

WhatsApp is facing growing backlash due to a change in the company's Terms of Service (TOS), which comes into effect on 8th February 2021. The new TOS states that WhatsApp will share user data with its parent company, Facebook.

One indication that many users are leaving WhatsApp due to their recent announcement, is the massive surge of new users into competing messaging services such as Signal and Telegram. Signal in particular has jumped to the # 1 spot on Apple’s Top Free apps on the App Store.

In an effort to mitigate the damage, WhatsApp released a statement along with several infographics on Tuesday (12th January 2021) to educate the public about what the new changes actually mean.

The company then expanded on each point, as follows:

WhatsApp cannot see your private messages or hear your calls and neither can Facebook.

Neither WhatsApp nor Facebook can read your messages or hear your calls with your friends, family, and co-workers on WhatsApp. Whatever you share, it stays between you. That's because your personal messages are protected by end-to-end encryption. We will never weaken this security and we clearly label each chat so you know our commitment.

WhatsApp does not keep logs of who everyone is messaging or calling.

While traditionally mobile carriers and operators store this information, we believe that keeping these records for two billion users would be both a privacy and security risk and we don't do it.

WhatsApp cannot see your shared location and neither can Facebook.

When you share your location with someone on WhatsApp, your location is protected by end-to-end encryption, which means no one can see your location except the people you share it with.

WhatsApp does not share your contacts with Facebook.

When you give us permission, we access only the phone numbers from your address book to make messaging fast and reliable, and we don't share your contacts lists with the other apps Facebook offers.

WhatsApp groups remain private.

We use group membership to deliver messages and to protect our service from spam and abuse. We don't share this data with Facebook for ads purposes. Again, these private chats are end-to-end encrypted so we can't see their content.

You can set your messages to disappear.

For additional privacy, you can choose to set your messages to disappear from chats after you send them.

TO ENABLE DISAPPEARING MESSAGES:

1. Open the WhatsApp chat.
   
2. Tap the contact's name.
   
3. Tap Disappearing Messages. If prompted, tap Continue.
   
4. Select On.
   

You can download your data.

You can download and see what information we have on your account right from within the app.

TO REQUEST REPORT:

1. Go to WhatsApp Settings > Account > Request Account Info.
   
2. Tap Request Report. The screen will update to state ‘Request Sent.’
   

WhatsApp goes into more details in a new section of its FAQ, where the company vows to "never weaken" the security provided by end-to-end encryption. WhatsApp also claims the changes to its TOS do not "affect the privacy of your messages with friends or family in any way."

Instead, the new changes are all about how you interact with businesses on WhatsApp — businesses on Facebook will be given the option to set up WhatsApp chats with customers for things like answering questions or sending receipts, as well as the option to display their Shop goods for sale directly on WhatsApp. If you message a business listed on Facebook via WhatsApp after clicking one of these prompts, your data could be shared to personalize ads, according to the FAQs.

Do you trust WhatsApp’s claims? Will you be moving over to one of its competitors such as Signal or Telegram? Let us know in the comments below.