Smart home
Elon Musk Sells 4.4 Million Tesla Shares Worth $4 Billion
Musk said in a tweet that there are “no further TSLA sales planned after today.” He sold 4.4 million shares on Tuesday and Wednesday, according to the filings, equating to 2.6 percent of his stake in the company.
The sale came after Musk on Monday clinched a deal to buy Twitter for $44 billion (roughly Rs. 3,36,690 crore) cash in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world’s richest person. Musk’s net worth is $268 billion (roughly Rs. 20,50,725 crore), according to Forbes.
As part of the deal, Musk said he would provide a $21 billion (roughly Rs. 1,60,690 crore) equity commitment.
It is not clear how he will cover the remaining $17 billion (roughly Rs. 1,30,090 crore) of equity financing. Musk holds a 43.61 percent stake in unlisted rocket company SpaceX that is reportedly valued at $100 billion (roughly Rs. 7,65,230 crore).
Musk has been looking for partners to reduce his equity contribution to the deal, a person familiar with the matter told Reuters, adding that it is far from certain such a partner will emerge.
This is his first Tesla stock sale since he offloaded $16.4 billion (roughly Rs. 1,25,500 crore) worth of shares in November and December after polling Twitter users about selling 10 percent of his stake in the electric car maker.
Musk said on Twitter that he would pay more than $11 billion (roughly Rs. 84,140 crore) in taxes in 2021 due to his exercise of stock options set to expire this year.
Some traders have fretted this week that Musk may not have enough money sitting around to fund his $21 billion (roughly Rs. 1,60,690 crore) cash contribution and could walk away from the deal, weighing on Twitter shares.
Tesla shares have fallen nearly 20 percent since Musk disclosed his over 9 percent stake in Twitter on April 4. Investors have expressed concern that Musk may have to sell Tesla shares to fund his equity contribution to the takeover offer.
As part of the Twitter deal, Musk also took out a $12.5 billion (roughly Rs. 95,600 crore) margin loan tied to his Tesla stock. He had already borrowed against around half of his Tesla shares.
© Thomson Reuters 2022
Google TV Gets AI Screensavers
A new support page for Google TV has gone up, which details the new feature. Screensavers appear when a smart TV has been left idle for quite a while, and it begins showing wallpapers instead of the home screen. These are usually stock images and generic in nature. However, the new AI feature offers a way for users to flaunt unique art in this space.
There are three ways a user can add a custom AI art screensaver. The first is to type a prompt describing the art users want to see. Another way is to use the set templates provided and select them to generate AI art. The third method involves using the “Inspire Me” option. This option will let the AI generate a random art for users to save as a screensaver.
If AI images are not something the user prefers, they can also add their favourite pictures from Google Photos. However, to use this feature, the user must be logged into their Google account. Notably, users cannot pick individual images and will have to pick one or more albums to showcase as their screensaver.
To set up an AI art screensaver on your Google TV device, you can follow these steps:
- Go to Google TV home screen and select Settings.
- Go to System and select Ambient mode.
- From the list of screensavers, select Custom AI Art. Go to Create New…
- Choose between Describe your idea, Inspire me, and Suggested templates.
- After creating a piece of custom AI art, you can use the up and down button to scroll through its variations.
- Save the preferred images to the image library.
- You can add more prompts to generate more images. Once done, select Set all as screensaver.
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Dyson WashG1 Price in India
Dyson WashG1 price in India starts at Rs. 64,900. Customers can also purchase additional microfibre rollers at a special price of Rs. 1,490 against their MRP of Rs. 4,990. The wet floor cleaner is available in a single two-tone black-blue colourway and can be purchased from the brand website online and offline at Dyson Demo stores across India.
It also comes with a two-year warranty and accidental damage protection.
Dyson WashG1 Features
Dyson WashG1 comes with in-use hydration control. The company offers three hydration modes, which users can choose from depending on the type of debris and flooring: low, medium, and high. The wet floor cleaner’s motor runs continuously at the selected speed, providing the respective hydration levels. Each of the modes is also paired with additional sensitivity settings. There is also a dedicated boost mode button, which salvos the roller with the maximum volume of hydration for more stubborn dirt stains.
The wet floor cleaner is equipped with two individually powered microfiber rollers with 64,800 filaments per square centimetre, which roll in the opposite direction. On a single charge, the Dyson WashG1 can cover an area of 3,100 square feet with its one-litre water tank. Dyson says it also borrows casters from the Dyson Omni-glide to provide better balance and support while cleaning.
There is also a self-cleaning mode on the WashG1 that uses clean water to flush out the system. It is claimed to clean the brushes in preparation for the next clean in 140 seconds.
For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who’sThat360 on Instagram and YouTube.
The deal is a win for the BBC, ITV, Channel 4 and Channel 5, whose joint venture, called Everyone TV, launched Freely earlier this year, allowing viewers to stream both live TV and on-demand content for free when they purchase smart TVs carrying the service.
The tie-up will help take content from the four public broadcasters – which are required by UK law to offer programming beneficial to the public interest – to more British households, through smart TVs using Amazon’s popular Fire operating system.
“A deal of this kind, between a technology giant and those working in the public interest, is remarkable,” Everyone TV Chief Executive Jonathan Thompson said.
“It represents a significant development in widening the availability of Freely and therefore ensuring UK audiences can access free TV well into the future.”
Freely’s launch in April marked the first time all four of Britain’s public service broadcasters joined hands to set up a streaming service, as they look to future-proof live TV in the age of streaming.
Freely offers 70,000 hours of on-demand content, more than any other major streaming platform in Britain including Netflix, Disney, Amazon Prime, and Apple TV, according to data from London-based Ampere Analysis.
Everyone TV has also signed a deal with TV manufacturer TCL, which will include Freely in their new 2024 smart TVs, it said.
© Thomson Reuters 2024
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
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