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Elon Musk’s X (Formerly Twitter) Unveils New Subscription Tiers: What You Need to Know

by theparliamentnews.com 6 October 2023

written by theparliamentnews.com

Elon Musk’s social media powerhouse, X (formerly Twitter), is set to introduce fresh subscription options, a revelation confirmed by CEO Linda Yaccarino during discussions with investors. The existing X Premium, or Twitter Blue subscription, priced at $8 per month, is getting a makeover with three distinct categories: Basic, Standard, and Plus.

This move aims to boost X’s revenue by catering to a wider audience, including users who might not have considered the full premium subscription.

Elon Musk has been vocal about his intention to address issues like bots and declining revenue on the platform. In a recent conversation with Israeli Prime Minister Benjamin Netanyahu, Musk hinted at introducing a nominal monthly fee for all X users to combat these challenges.

An earlier glimpse into the platform’s code by a researcher, known as @Aaronp613, unveiled the potential differentiators among the three subscription tiers. The X Premium Basic plan is expected to feature full ads, while the X Premium Standard version will reduce ad exposure by half. Lastly, the X Premium tier promises an ad-free experience.

These changes reflect X’s commitment to enhancing the user experience while exploring sustainable revenue models. Stay tuned for more updates as X continues to evolve and adapt to the ever-changing social media landscape.

6 October 2023 0 comment

Blog Business Education & Tech Featured World

ADIPEC 2023 Energy Conference and Exhibition concludes with over 165,000 attendees from 164 countries at Abu Dhabi.

by theparliamentnews.com 6 October 2023

written by theparliamentnews.com

Abu Dhabi : The world’s largest and most inclusive gathering for the energy industry, ADIPEC 2023, opened today in Abu Dhabi. Over 2,200 companies from across the globe attended the event, which will focus on the challenges and opportunities of the energy transition.

ADIPEC 2023 concludes with over 165,000 attendees from 164 countries. The event was a resounding success, with participants from across the global energy industry coming together to discuss the challenges and opportunities of the energy transition.
ADNOC announces $12 billion investment in new energy projects. The investment will focus on developing clean energy projects, such as solar, wind, and hydrogen, as well as on reducing emissions from the company’s existing operations.
BP and Shell announce joint venture to develop low-carbon fuels. The two oil and gas giants agreed to work together to develop and produce low-carbon fuels, such as sustainable aviation fuel and renewable diesel.
Total Energies and Masdar sign agreement to develop green hydrogen projects in Abu Dhabi. The two companies will work together to develop and operate green hydrogen production plants, as well as to develop a green hydrogen hub in Abu Dhabi.
Siemens Energy and Masdar announce new partnership to develop renewable energy projects. The two companies will work together to develop and operate renewable energy projects, such as solar and wind farms, across the Middle East and North Africa region.

These are just a few of the many announcements and developments that took place on the last day of ADIPEC 2023. The event was a success, and it is clear that the global energy industry is committed to the energy transition.

In addition to the above news, here are some other key takeaways from the last day of ADIPEC 2023:

The global energy industry is facing a number of challenges, including energy security, geopolitical instability, and the need to invest in new technologies. However, the industry is also facing a number of opportunities, such as the growing demand for clean energy and the development of new technologies.
The energy transition is accelerating, and the oil and gas industry is playing a key role in this transition. Oil and gas companies are investing in clean energy projects and reducing emissions from their existing operations.
There is a growing focus on collaboration between different stakeholders in the energy industry. This collaboration is essential for accelerating the energy transition and achieving a net-zero future.

Overall, ADIPEC 2023 was a successful event that provided a valuable platform for the global energy industry to discuss the challenges and opportunities of the energy transition. The event is expected to play a key role in shaping the future of energy.

6 October 2023 0 comment

Blog Business

Meta’s Silicon Revolution: Pioneering Reality Labs.

by theparliamentnews.com 4 October 2023

written by theparliamentnews.com

In a move aimed at streamlining its operations, Meta is set to lay off employees from its Reality Labs division, specifically from the unit responsible for creating custom silicon for the metaverse. According to sources familiar with the matter, the layoffs are scheduled for Wednesday.

Employees were notified about these impending changes via a post on Meta’s internal discussion forum, Workplace, on Tuesday. They can expect to receive official notifications regarding their employment status with the company by early Wednesday morning.

As of now, Meta has not provided official comments on these plans. The exact scale of the layoffs within the silicon unit, known as the Facebook Agile Silicon Team (FAST), remains unclear. FAST currently boasts around 600 employees, according to one of the sources.

FAST plays a pivotal role in Meta’s mission to develop custom chips that power augmented and virtual reality hardware, including products like the mixed reality headsets called Quest and smart glasses created in collaboration with Ray-Ban eyeglass maker EssilorLuxottica. These smart glasses can stream video and interact with wearers through a cutting-edge artificial intelligence virtual assistant.

Meta recently unveiled updated versions of its smart glasses and introduced the Quest 3 headset at the annual Connect conference. In addition to these offerings, the company is also actively working on augmented reality glasses capable of projecting virtual objects onto transparent lenses, alongside accompanying smartwatches.

While Meta has made significant strides in the metaverse realm, it has faced challenges in developing competitive silicon chips. As a result, it has sought the expertise of chipmaker Qualcomm for its current range of devices, including Quest headsets and Ray-Ban smart glasses.

This workforce adjustment reflects Meta’s ongoing efforts to refine its operations and adapt to the ever-evolving landscape of the metaverse, ensuring that its products continue to meet the high standards of innovation and quality in this dynamic field.

4 October 2023 0 comment

Blog Business Featured World

ADIPEC 2023: The world’s largest energy exhibition at Abu Dhabi

by theparliamentnews.com 3 October 2023

written by theparliamentnews.com

The world’s largest and most inclusive gathering for the energy industry, ADIPEC 2023, opened today in Abu Dhabi. Over 2,200 companies from across the globe are expected to attend the event, which will focus on the challenges and opportunities of the energy transition.

The theme of ADIPEC 2023 is “Decarbonising. Faster. Together.” The event will bring together leaders from across the energy value chain to discuss how to accelerate the deployment of clean energy technologies and solutions.

Some of the key topics that will be discussed at ADIPEC 2023 include:

The role of hydrogen in a net-zero future
Advancing the decarbonisation agenda from goals to action
The future of oil and gas in a low-carbon world
Investing in clean energy technologies and innovation
Energy security and geopolitical challenges

ADIPEC 2023 is an important event for the global energy industry, and is expected to play a key role in shaping the future of energy.

Why is ADIPEC 2023 important?

ADIPEC 2023 is important because it is a unique opportunity for the global energy industry to come together and discuss the challenges and opportunities of the energy transition. The event will bring together leaders from across the energy value chain, including governments, oil and gas companies, renewable energy companies, and technology companies.

ADIPEC 2023 is also important because it will be held in Abu Dhabi, which is a global leader in energy innovation. Abu Dhabi is home to the world’s largest solar power plant, and is investing heavily in other clean energy technologies, such as hydrogen and carbon capture, utilization, and storage (CCUS).

What are the key takeaways from ADIPEC 2023 so far?

One of the key takeaways from ADIPEC 2023 so far is that the energy transition is accelerating. The world is moving towards a cleaner, more sustainable energy future, and the oil and gas industry is playing a key role in this transition.

Another key takeaway is that the energy industry is facing a number of challenges, including energy security, geopolitical instability, and the need to invest in new technologies. However, the industry is also facing a number of opportunities, such as the growing demand for clean energy and the development of new technologies.

What does the future hold for the energy industry?

The future of the energy industry is bright. The world is moving towards a cleaner, more sustainable energy future, and the oil and gas industry is playing a key role in this transition. The industry is also facing a number of challenges, but it is also facing a number of opportunities.

ADIPEC 2023 is an important event for the global energy industry, and it is expected to play a key role in shaping the future of energy.

3 October 2023 0 comment

Blog Business Featured

Adani to boost its Solar capacity up to 10GW by the time of 2027.

by theparliamentnews.com 2 October 2023

written by theparliamentnews.com

In a big move towards solar energy, the Adani Group plans to increase its solar manufacturing by 2.5 times, reaching 10 gigawatts (GW) by 2027. Right now, they have 4 GW of solar manufacturing capacity. To fund this growth, they’ve recently raised an impressive $394 million with the help of Barclays PLC and Deutsche Banks AG.

Adani Solar, part of the Adani Group, already has orders for over 3,000 megawatts (MW) of solar exports to fulfill in the next 15 months. This boost could significantly boost India’s solar energy production, which has already grown from 2.63 GW in 2014 to 71.10 GW in 2023. However, a lack of strong manufacturing capabilities had been a hurdle.

To tackle this issue, the Indian government introduced measures like safeguard duties, an approved list of module manufacturers, and production-linked incentives, encouraging companies like Adani to invest more in solar manufacturing.

Adani’s journey into solar manufacturing began in 2015 with Adani Solar, following their success in conventional energy through Adani Green Energy Limited (AGEL). In just six years, they’ve grown from a 1.2 GW capacity to 4 GW for both solar cells and modules.

Adani Solar operates India’s biggest solar capacity for cells and modules in the Mundra Special Economic Zone. They’ve sold over 7 GW of modules and are now among the top three solar module suppliers in India, as per Mercom’s India Solar Market Leaderboard for 2023.

Adani’s expansion in solar manufacturing is not only significant for their group but also for India’s clean energy future. Their commitment to green innovation shines a bright light on the future of solar energy in India.

2 October 2023 0 comment

Blog Business Featured

Can ‘X’ Adapt and Thrive in a Changing Social Media Landscape?

by theparliamentnews.com 1 October 2023

written by theparliamentnews.com

In a recent interview, X’s CEO, Linda Yaccarino, shared that the platform, previously known as Twitter, has lost a lot of daily users since Elon Musk became the boss. This is a big deal in the world of social media.

Linda Yaccarino said that X has gone from having 254.5 million people using it every day to only 225 million since Musk took charge. That’s a drop of about 11.6 percent, which means fewer people are using X these days.

She also pointed out that when compared to last year, there’s been a drop of around 3.7 percent, which equals nearly 15 million users saying goodbye to X. This shows that X is having some trouble keeping its users interested under Musk’s leadership.

But it’s not all bad news. Yaccarino mentioned that 90 percent of the top 100 advertisers are back on X, which means companies still like to advertise there even though fewer people are using it.

Linda Yaccarino has only been the CEO of X for a short time, so these numbers might change as she and her team work to make X better.

This drop in daily users comes after Elon Musk’s tweets last year, where he said Twitter had 254.5 million daily users just before he took over. Later, X said it was actually 245 million. Now, Yaccarino says it’s down to 225 million.

X does have 550 million people using it every month, but we’re not sure if that number has gone up or down since Musk became the boss.

X is trying to make money by 2024, so losing daily users is a big challenge. They’ll need to come up with new ideas to get more people to use X and keep it going in the fast-changing world of the internet.

This shows that the tech world is always changing, and even big names like Elon Musk can’t predict exactly what will happen when they take charge of a major platform like X.

1 October 2023 0 comment

Blog Business Education & Tech Featured

ChatGPT’s Big Leap: Real-Time Answers, Internet Access, and More!

by theparliamentnews.com 28 September 2023

written by theparliamentnews.com

ChatGPT, OpenAI’s AI chatbot, just got a major upgrade. It can now provide real-time answers and surf the internet, breaking free from its previous limitations up to September 2021. Users can expect more up-to-date information and enhanced interactions.

But that’s not all. ChatGPT is introducing voice and image capabilities. You can have voice conversations, get cooking advice, and even homework help. It can also explain landmarks from your photos and suggest recipes based on your fridge’s contents.

While this update is initially for ChatGPT Plus and Enterprise subscribers, it will soon be available to everyone. ChatGPT is becoming even more versatile and helpful in your everyday tasks and learning.

28 September 2023 0 comment

Blog Business Featured

Market in Turmoil: Global Factors Shake Indian Stocks – Here’s What You Need to Know.

by theparliamentnews.com 27 September 2023

written by theparliamentnews.com

The Indian stock market is facing challenges influenced by global factors. Here’s a closer look at what’s happening:

1. Asian Markets: Asian markets had mixed results due to worries about rising interest rates impacting investor confidence. Japan, South Korea, and Australia saw declines in their key indices.

2. Gift Nifty: Gift Nifty hinted at a negative start for Indian benchmark indices.

3. Wall Street’s Struggles: US stock markets closed with significant losses as 10-year Treasury yields hit multi-year highs. Concerns about prolonged high-interest rates and economic impacts weighed on investor sentiment. Major indices like the Dow Jones, S&P 500, and Nasdaq Composite all faced declines.

4. Tech Giants’ Troubles: Tech giants, including Apple, Microsoft, and Amazon, saw their share prices drop, contributing to the market downturn. Amazon faced additional challenges with an antitrust lawsuit filed against it.

5. US Consumer Confidence: US consumer confidence hit a four-month low in September, reflecting concerns about the economy, labor market, rising prices, and recession fears.

6. OpenAI’s Valuation: OpenAI, known for ChatGPT, is reportedly discussing a share sale that could value the company at $80 billion to $90 billion.

7. Federal Reserve’s Outlook: Minneapolis Federal Reserve Bank President Neel Kashkari mentioned the possibility of a “soft landing” for the US economy but also a 40% chance of needing to raise interest rates significantly to combat inflation.

8. Government Bonds: The Indian government plans to issue bonds worth ₹6.55 lakh crore in the second half of 2023-24. This includes ₹20,000 crore through Sovereign Green Bonds and the introduction of a 50-year security for the first time.

These global factors present challenges for the Indian stock market as economic concerns and monetary policy decisions impact investor sentiment.

27 September 2023 0 comment

Blog Business Education & Tech Featured

Apple’s Sonoma macOS Update Unveiled: What’s New for Mac Users?

by theparliamentnews.com 27 September 2023

written by theparliamentnews.com

Apple has launched its latest macOS update, Sonoma, with exciting features. Here’s what you need to know:

Interactive Desktop Widgets: Widgets are now on your desktop, making them more accessible and customizable.

Enhanced Video Calls: Fun effects like Presenter Overlay and Reactions add a personal touch to virtual meetings.

Messages and Mail Improvements: New stickers and better organization in Messages, and autofill in Mail.

Photos and Music Upgrades: Recognize pets in Photos, AirTags sharing, collaborative playlists in Music.

Safari Boosts Privacy: Lock Private Browsing behind Touch ID, create separate profiles, and ‘install’ favorite websites.

Shared Passwords: Securely share passwords with family and friends.

Smarter Notes and Reminders: Inline PDFs in Notes, grocery list organization in Reminders.

High-Performance Screen Sharing: A new mode for professionals with low-latency audio and more.

Improved Siri and Typing: Siri responds to “Siri,” better autocorrect, and easy sentence completion.

Game Mode for Gamers: Optimized gaming performance for Macs with Apple silicon chips.

Stunning Screen Savers: Apple TV-like screen savers that transition to wallpapers.

Accessibility Boost: New features to support hearing devices, voice input, and more.

Discover the exciting features Sonoma brings to your Mac!

27 September 2023 0 comment

Blog Business Featured

Elon Musk’s Life Story: A Biography That’s Electric, Selling 92,000 Copies in Just One Week!

by theparliamentnews.com 25 September 2023

written by theparliamentnews.com

Walter Isaacson’s new biography of Elon Musk had an impressive debut, with over 92,000 copies sold in its first week. This achievement landed it as the second best-selling book in its opening week.

Even Elon Musk himself shared his thoughts on social media, finding it a bit odd to see so many close-up pictures of his face in the book.

Walter Isaacson, known for writing about iconic figures like Albert Einstein and Benjamin Franklin, spent two years working on this biography. He immersed himself in Musk’s world, attending meetings, touring his factories, and conducting extensive interviews with Musk and those around him.

Isaacson’s previous biography of Steve Jobs, published shortly after Jobs’ death in 2011, sold nearly 383,000 copies in its first week.

“Elon Musk” has also claimed the top spot on The New York Times’ bestseller list, and you can find it on Amazon for ₹952. It’s clear that readers are eager to learn more about Musk’s life and work.

25 September 2023 0 comment

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Business

Elon Musk’s X (Formerly Twitter) Unveils New Subscription Tiers: What You Need to Know

ADIPEC 2023 Energy Conference and Exhibition concludes with over 165,000 attendees from 164 countries at Abu Dhabi.

Meta’s Silicon Revolution: Pioneering Reality Labs.

ADIPEC 2023: The world’s largest energy exhibition at Abu Dhabi

Adani to boost its Solar capacity up to 10GW by the time of 2027.

Can ‘X’ Adapt and Thrive in a Changing Social Media Landscape?

ChatGPT’s Big Leap: Real-Time Answers, Internet Access, and More!

Market in Turmoil: Global Factors Shake Indian Stocks – Here’s What You Need to Know.

Apple’s Sonoma macOS Update Unveiled: What’s New for Mac Users?

Elon Musk’s Life Story: A Biography That’s Electric, Selling 92,000 Copies in Just One Week!

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