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Tech

India’s Oyo acquires Motel 6 for $525M

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash transaction. The acquisition also includes the Studio 6 extended stay brand and is expected to close in the fourth quarter of […]

Tech

Qualcomm may be trying to buy Intel

Chipmaker Qualcomm is trying to buy rival Intel, according to multiple reports. The Wall Street Journal broke the news late Friday that Qualcomm had approached Intel about a takeover. The New York Times subsequently corroborated the story, while adding that no official offer has been made. Even if there is an offer, it’s not clear […]

Entertainment

China Moon Mission Reveals Lunar Volcano Activity

The moon volcanoes would have deposited uranium into the samples collected by Chang’e 5, making it possible for scientists to measure the element’s radioactive decay. The uranium is found coupled with lead in the rocks, and slowly leaves behind only the latter element over time. Simply put, the greater the ratio of lead to uranium, […]

Tech

Amazon says no to remote work

Amazon CEO Andy Jassy is calling for a full return to office at the start of 2025. For the last 15 months, employees have been expected to work in the office three days per week. Now employees will be expected to be in the office five days a week, with work from home being OK […]

Business

X is capitulating to Brazil’s Supreme Court

Now, X’s lawyers said the company had done exactly what Mr. Musk vowed not to: take down accounts that a Brazilian justice ordered removed because the judge said they threatened Brazil’s democracy. X also complied with the justice’s other demands, including paying fines and naming a new formal representative in the country, the lawyers said. […]

Tech

X reverses course in Brazil

It seems that Elon Musk-owned social network X (formerly Twitter) is backing down from a confrontation with Brazil’s Supreme Court. The New York Times reported on a new court filing in which the company’s lawyers said X had complied with the court’s orders — blocking designated accounts, paying fines, and naming a new formal representative […]