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Musk, who is also chief executive officer of electric car maker Tesla Inc, proposed to Twitter late on Monday he would change course and abide by his April agreement to buy the company for $54.20 per share, if Twitter dropped its litigation against him.

Musk, Twitter Could Reach Deal To End Court Battle, Close Buyout Soon: Report

Oct 26, 2022 07:57 PM

4 mins read

Musk, who is also chief executive officer of electric car maker Tesla Inc, proposed to Twitter late on Monday he would change course and abide by his April agreement to buy the company for $54.20 per share, if Twitter dropped its litigation against him.

Honda To Cut Car Output At Two Japanese Plants In October

By Reuters

Oct 26, 2022 07:47 PM

Two lines at Honda's Suzuka plant in western Japan will cut production by about 20% in October, while its assembly plant in Saitama prefecture, north of Tokyo, will lower production plans by about 40% for the month.

Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?

By Reuters

Oct 26, 2022 07:42 PM

The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have tried to replicate it.

Twitter Slips As Investors Await Funding Details On Musk's $44 Billion Deal

By Reuters

Oct 26, 2022 07:33 PM

Shares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April bid of $54.20 per share to take Twitter private.

China's BYD Wins Five-Star European Safety Rating For Electric SUV

By Reuters

Oct 26, 2022 07:20 PM

BYD received a five-star Euro NCAP safety rating for its electric ATTO 3 crossover SUV.

Eco-Activists Storm Paris Motor Show And Vandalise Supercars Including A $180,000 Ferrari

By Seshan Vijayraghvan

Oct 26, 2022 07:04 PM

In addition to holding up banners and chanting slogans, four out of the near dozen protesters glued their hands to a few supercars and smeared black paint on their bonnets. This included a Ferrari Testarossa worth $180,000.