Morning Tidings

Tag: deal

  • Nokia Signs Deal With Bharti Airtel To Deploy Next-Gen ‘Optical Transport Network’ To Provide Superior Services for Customers

    Nokia Signs Deal With Bharti Airtel To Deploy Next-Gen ‘Optical Transport Network’ To Provide Superior Services for Customers

    New Delhi, November 21: Nokia on Tuesday announced it has entered into an agreement with Bharti Airtel to deploy a next-generation optical transport network (OTN) that will provide additional capacity, higher reliability and lower cost, enabling superior services for Airtel’s customers. Under the agreement, Airtel will utilise Nokia’s ‘1830 PSS-x OTN’ switches in its National Long-Distance Network connecting major cities across India.

    “As a world leader in OTN, our technology will help Airtel to increase the capacity and features of Bharti’s optical transport network to meet growing bandwidth demand driven by the enterprise and hyperscaler segments. It will also provide the service level performance to meet the strict SLAs from Airtel customers,” Chandan Kumar, Head of Optical Network Business Centre for Nokia India, said in a statement. Microsoft Announces New Features in Outlook Lite Such As Voice Typing, Transliteration and Others Along With SMS Support for Indian Users.

    The increased capacity will enable Airtel to potentially deliver faster and more reliable broadband services and be ready for new use cases, Nokia said. According to the company, its OTN solution enables Bharti Airtel to seamlessly upgrade its legacy transport switching infrastructure across its pan-Indian network footprint to meet new transport network traffic demands while improving both the performance and reliability of its network.

    Nokia noted that the launch of 5G networks and the push for broadband connectivity across India is increasing demands for Communications Service Providers (CSPs), including augmentation of backhaul transport for denser 5G mobile networks, wholesale connectivity for new segments like smart grids, data centre interconnect (DCI) and other business services. Employment News: Titan Company Plans to Hire Over 3,000 Employees in Next 5 Years.

    To address this exponential growth in traffic demand, transport networks need to be upgraded to increase overall transport capacity and bandwidth efficiency using high-capacity OTN switching and utilising additional spectrum, including the L-band wavelengths of the fibre, it added.

  • Sam Altman Will Not Return As CEO of ChatGPT Developer OpenAI As Deal Falls Apart, Emmett Shear Likely To Be Appointed as Interim CEO: Report

    Sam Altman Will Not Return As CEO of ChatGPT Developer OpenAI As Deal Falls Apart, Emmett Shear Likely To Be Appointed as Interim CEO: Report

    San Francisco, November 20: The deal to bring Sam Altman back as OpenAI CEO has reportedly fallen apart and former Twitch CEO Emmett Shear is likely to be appointed as interim CEO at ChatGPT developer. According to The Information, Altman won’t return as CEO of OpenAI, despite efforts by the company’s executives to bring him back. OpenAI co-founder and board director Ilya Sutskever said that Shear, co-founder of Amazon-owned video streaming site Twitch, will take over as interim CEO.

    The decision “could deepen a crisis precipitated by the board’s sudden ouster of Altman and its removal of President Greg Brockman from the board”, the report mentioned late on Sunday. Distraught employees came out of OpenAI headquarters in San Francisco shortly after the decision was announced internally. Kelly Bayer Rosmarin, CEO of Optus, Australia’s Second-Largest Telecommunications Operator Resigns After Network Outage Debacle.

    The hiring of Shear appears to close the door on Altman’s exit after he was fired on Friday when the board said he had not been “consistently candid in his communications.” The board was in intense discussions about Altman’s return over the weekend.

    Altman returned to OpenAI’s office, saying it would be the “first and last time” he wore a guest badge – implying he would either return as CEO or never return at all. The suspense over Altman’s return as the CEO of OpenAI continued on Monday as OpenAI leaders and investors sought to reinstate Altman at the company which unceremoniously sacked him on November 17. Kyle Vogt, Co-Founder and CEO of GM Subsidiary Cruise Resigns After California Department of Motor Vehicles Suspends Cruise’s Deployment and Driverless Testing Permits.

    The final negotiations went on between Altman and the company, with one big condition that the existing board (who fired him) had to step down. Microsoft Chairman and CEO Satya Nadella was reportedly mediating the discussion between Altman, former OpenAI President Greg Brockman, and the current board members as they attempt to select a new board. “If a deal isn’t reached, things will take a different path,” according to reports.

    (The above story first appeared on Morning Tidings on Nov 20, 2023 12:30 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • SoftBank Reportedly Selling Stake Worth USD 150 Million in Logistics Firm Delhivery Through Block Deal

    SoftBank Reportedly Selling Stake Worth USD 150 Million in Logistics Firm Delhivery Through Block Deal

    New Delhi, November 16: Japanese investment giant SoftBank is going to sell its stake worth $150 million in logistics firm Delhivery, media reported on Thursday. According to Moneycontrol, citing sources, SoftBank is likely to sell the shares which equates to a around 4 per cent stake in Delhivery, via a block deal. SoftBank and Delhivery did not immediately comment on the report. SoftBank, via its subsidiary Svf Doorbell (Cayman), has a 14.6 per cent stake in the logistics firm. SoftBank Sues Social App IRL for Fraud, Seeks USD 150 Million in Damages

    “Softbank is looking to sell around 4 percent stake in Delhivery via the block deal route. The deal size is around $150 million,” the report said, citing sources. Logistics services provider Delhivery’s net loss in the September quarter (Q3) of the current financial year was more than halved to Rs 103 crore, while revenue increased by 8 per cent to Rs 1,942 crore, despite higher inflation and fund crunch. The company reported a loss of Rs 254 crore and revenue of Rs 1,796 crore in the same quarter of the previous year. SoftBank Reports Unexpected USD 6.2 Billion Loss in Second Quarter After WeWork Bankruptcy

    Last month, nearly 9.28 crore equity shares of online food delivery platform Zomato worth Rs 1,040 crore were offloaded on Friday in a bulk deal, likely by SoftBank. SoftBank, via its affiliate SVF Growth (Singapore) Pte, likely sold 1.09 per cent stake in Zomato in the bulk deal. Shares exchanged hands at an average price of Rs 111.20. SoftBank held a 2.17 per cent stake in Zomato (by September 2023 quarter).

    (The above story first appeared on Morning Tidings on Nov 16, 2023 11:21 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Delhi Fog Trends As North Indians Deal With the Chilly Weather and Zero Visibility; View Pics and Videos Shared by Netizens

    Delhi Fog Trends As North Indians Deal With the Chilly Weather and Zero Visibility; View Pics and Videos Shared by Netizens

    Delhi is currently enveloped by a VERY thick blanket of fog, reducing visibility drastically and making it very difficult for people to travel. As Delhiites have constantly been shivering with the dip in temperatures in the last couple of days and chilly weather that refuses to go, Delhi fog has joined the list of issues everyone is currently very upset about. Internet users have shared several pictures and videos of Delhi fog on social media to make sure everyone knows how bad the fog is. Check out these chilling posts here. Cold Wave in Delhi Funny Memes and Hilarious Jokes Go Viral As North India Tries To Deal With the Brutal Winter Weather.

    Delhi Fog Trends on Twitter

    These Chilling Visuals!

    Can We See Anything?

    Delhi Fog At Its Best

    Where’s The Visibility?

    (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and Morning Tidings Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of Morning Tidings, also Morning Tidings does not assume any responsibility or liability for the same.)

  • Cold Wave in Delhi Funny Memes and Hilarious Jokes Go Viral As North India Tries To Deal With the Brutal Winter Weather

    Cold Wave in Delhi Funny Memes and Hilarious Jokes Go Viral As North India Tries To Deal With the Brutal Winter Weather

    As the Cold Wave continues to grip North India, with Delhi’s minimum temperature expected to dip to 4°C today, even though it already feels like it’s in minus, Delhiites have resorted to their favourite coping mechanism to deal with the biting cold – memes. While some of it might sound like an exaggeration, if you’re in Delhi, you know how your hands are probably too numb right now to even scroll through these memes. But the cold wave is here to stay with us, and while we can’t fight it, we can take refuge in our bonfires, 20 pairs of clothes and these memes that help us get through. Check out some of the memes for Delhi’s Cold Wave here. Delhi Winter Funny Memes and Cold Wave Hilarious Jokes Go Viral As North Indians Try To Deal With the Dip in Temperature.

    Cold Wave in Delhi Funny Memes

    How Cold Is It in Delhi? Me: Yes

    True

    Hilarious!

    Could I BE Wearing Any More Clothes?

    (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and Morning Tidings Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of Morning Tidings, also Morning Tidings does not assume any responsibility or liability for the same.)

  • Delhi Winter Funny Memes and Cold Wave Hilarious Jokes Go Viral As North Indians Try To Deal With the Dip in Temperature

    Delhi Winter Funny Memes and Cold Wave Hilarious Jokes Go Viral As North Indians Try To Deal With the Dip in Temperature

    If you’re currently in Delhi or North India, you know that winter can be absolutely brutal. At a time when the temperature is reaching a minimum of 7 degrees Celsius or lesser (definitely feels lesser), Delhiites usually decide to take refuge in memes to make themselves feel better. It’s even hard to walk a 2-minute distance away from the bed, and people are spending hours deciding if it’s okay for them to take a shower or if they can just conveniently skip another day. At a time like this, share these Delhi winter funny memes and cold wave hilarious jokes with everyone you know struggling to tolerate Dilli Ki Sardi. Cold Wave Funny Memes and Jokes Go Viral As North India Experience Chilly Winters!

    Delhi Winter Funny Memes 

    It’s True!

    The Daily Struggle…

    It’s Almost Snowing!

    That Question…

    (SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and Morning Tidings Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of Morning Tidings, also Morning Tidings does not assume any responsibility or liability for the same.)

  • CoD on PlayStation: Microsoft Offers 10-Year Deal on New ‘Call of Duty’ Games to Sony

    CoD on PlayStation: Microsoft Offers 10-Year Deal on New ‘Call of Duty’ Games to Sony

    San Francisco, Dec 6: Microsoft has offered a 10-year contract to Sony to make future ‘Call of Duty’ (CoD) games available on PlayStation, if its proposed Activision Blizzard acquisition goes ahead.

    Microsoft president Brad Smith confirmed the deal in an op-ed on Monday, reports The Verge. Google Releases Android 13 With Improved Performance for TV; Check Enhanced Features.

    Smith noted that “Sony has emerged as the loudest objector” to Microsoft’s proposed $68.7 billion acquisition and “it’s as excited about this deal as Blockbuster was about the rise of Netflix”.

    “We’ve offered Sony a 10-year contract to make each new ‘Call of Duty’ release available on PlayStation the same day it comes to Xbox.

    “We’re open to providing the same commitment to other platforms and making it legally enforceable by regulators in the US, UK and European Union,” he added. Facebook Dating: Meta Expands AI Face-Scanning, ID Upload Tool To Verify Users’ Age in US.

    Last month, Microsoft Gaming CEO Phil Spencer had announced plans to keep the ‘CoD’ game on PlayStation forever.

    In September, Microsoft had said it would keep the popular game on the PlayStation for “several more years”.

  • Apple To Sign Deal for ‘Moneyball’ Author Michael Lewis’ Upcoming Book on FTX Crash for Exclusive Streaming Rights

    Apple To Sign Deal for ‘Moneyball’ Author Michael Lewis’ Upcoming Book on FTX Crash for Exclusive Streaming Rights

    San Francisco, November 23: Apple is reportedly close to signing a deal with “Moneyball” and “The Big Short” author Michael Lewis for exclusive streaming rights to his upcoming book on the FTX crash.

    The author spent six months with the embattled entrepreneur, before the FTX crash, Deadline reported. Lewis’s book will follow former CEO Bankman-Fried, a man estimated to be worth $26 billion, and reveal how the FTX crypto exchange collapsed. Apple Likely To Launch Foldable iPad in 2024: Report.

    As Apple is nearing a deal for the book rights to Lewis’s story, it faced stiff competition from Netflix and Amazon, according to the report. The book is expected to be turned into a feature film, the report added.

    Earlier this month, the beleaguered crypto exchange FTX announced it has filed for Chapter 11 bankruptcy in the US, as its Founder and CEO Sam Bankman-Fried resigned from his role. Apple Reportedly Suspends Its Plan To Use Chips From China’s YMTC.

    The book will try to explain what happened at the company and with Bankman-Fried, who was forced to sell his luxurious Bahamas resort and deal with the fallout, including the lawsuits against Tom Brady and Larry David for their role in promoting the resort, said the report.

    (The above story first appeared on Morning Tidings on Nov 23, 2022 03:13 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Twitter Drags Elon Musk’s Billionaire Buddies Into Legal Battle Over Terminated USD 44 Billion Takeover Deal

    San Francisco, August 3: Twitter has now dragged tech investors and entrepreneur friends connected to Elon Musk in the $44 billion takeover deal that has been terminated by the Tesla CEO and a legal trial is set to begin from October 17.

    According to The Washington Post, Twitter’s legal team in a subpoena in the court has asked for “extensive requests for communications, including achecklists, timelines, presentations, decks, organisational calls, meetings, notes, recordings” related to the deal’s financing. Twitter vs Elon Musk: Legal Battle Over Cancellation of $44 Billion Takeover Deal To Start From October 17.

    The top investors mentioned in the subpoena are Marc Andreessen, founder of VC firm Andreessen Horowitz (A16Z), former Facebook executive and CEO of Social Capital, Chamath Palihapitiya and David Sacks who helped Musk with the formation of financial services firm PayPal.

    Twitter’s legal team has also gone after Tesla and SpaceX board member Stephen Jurvetson, and investors Jason Calacanis, Keith Rabois and Joe Lonsdale. Lonsdale, general partner at VC firm 8VC, called Twitter’s subpoenas sent to a “giant harassing fishing expedition”.

    “Lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around @elonmusk and @pmarca and @DavidSacks et al, a giant harassing fishing expedition,” he posted.

    “I have nothing to do with this aside from a few snarky comments, but got a ‘YOU ARE HEREBY COMMANDED’ document notice,” he added. Musk or his legal team were yet to react to the Twitter subpoena.

    The world’s richest person has filed a countersuit against Twitter as part of an ongoing legal dispute with the microblogging platform. However, the lawsuit is not yet accessible to the public and a partially redacted version may be available soon under court rules. The US judge in the Twitter vs Musk legal battle has set October 17 as the beginning date of the high-profile trial for five days.

    (The above story first appeared on Morning Tidings on Aug 03, 2022 02:54 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).

  • Twitter vs Elon Musk: Legal Battle Over Cancellation of $44 Billion Takeover Deal To Start From October 17

    San Francisco, July 29: The US judge in the Twitter vs Elon Musk legal battle over cancellation of the $44 billion takeover deal has set October 17 as the beginning date of the high-profile trial.

    Judge Kathaleen McCormick in the Delaware Court of Chancery has issued an official schedule, with the high-profile trial starting from October 17 till October 21. Twitter Reaches 238 Million Users Globally Amid Legal Battle With Elon Musk

    Twitter wanted the trial to begin on October 10, but Musk said he wants it to start a week later, stressing that the extra week of preperation time would be crucial.

    “The parties shall work together in good faith on the scheduling and location of depositions. The parties will not require a subpoena to produce for deposition, on reasonable notice, persons under their respective control, including their respective current directors, officers, employees, and experts and documents under the parties’ control in the possession of such persons,” the judge said in the case scheduling order.

    Earlier this week, Musk’s lawyers filed a letter to the Delaware Chancery Court, saying that Twitter was not playing nice in the pre-trial process and should be forced to do so.

    Musk’s lawyers claimed that Twitter was not producing the documents it needs even though they’re easy to produce.

    The Parag Agrawal-led microblogging platform had pushed for proceedings to commence as early as possible, arguing that the ongoing shenanigans are hurting the company and that things should be resolved as quickly as possible.

    Musk’s team asked for a much longer timeline, hoping to start the trial early next year.

    However, McCormick picked October and told the two sides to begin preparation.

    If Elon Musk’s legal team can prove that Twitter has misled its users from revealing the actual number of bots or spam accounts on its platform, than the company can be held liable for fraudulent disclosure in its filing with the US Securities and Exchange Commission (SEC).

    The Tesla CEO terminated the $44 deal because he did not believe what Agrawal told him about the actual number of bots on the platform.

    The micro-blogging platform recently revealed that it is suspending more than 1 million spam accounts a day.

    (The above story first appeared on Morning Tidings on Jul 29, 2022 07:46 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).