Mark Zuckerberg says his metaverse will lose significant money in the near term

Mark Zuckerberg says his metaverse will lose significant money in the near term

Mark Zuckerberg’s metaverse will lose money soon. Mark Zuckerberg told shareholders that building the metaverse will be a three- to five-year financial drain. Some goods won’t be ready for 15 years, according to the Meta CEO, who spoke at the company’s annual meeting. In 2021, the Facebook founder spent $10 …

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UAE signs agreement with Taliban to manage airport operations

UAE signs agreement with Taliban to manage airport operations

The UAE and the Taliban have reached an agreement to control airport operations. After months of talks with the UAE, Turkey, and Qatar, the Taliban have struck an agreement with the UAE to operate airports in Afghanistan, according to the group’s transportation and civil aviation minister. Mullah Abdul Ghani Baradar …

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Elon Musk is planning a 24-hour Tesla restaurant for Hollywood

Elon Musk is planning a 24-hour Tesla restaurant for Hollywood

Elon Musk is proposing a Tesla restaurant in Hollywood that will be open 24 hours a day. Elon Musk first tweeted about a “roller skates & rock restaurant” that would also serve as an electric vehicle charging station four years ago (EVs). Tesla and its CEO have now taken another …

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Iraqi citizen living in Ohio arrested after allegedly plotting to assassinate former President George W. Bush

Iraqi citizen living in Ohio arrested after allegedly plotting to assassinate former President George W. Bush

Iraqi in Ohio accused of planning to kill George W. Bush The Justice Department stated Tuesday that an Iraqi national living in Columbus, Ohio, was arrested and faces federal charges in connection with an alleged plot to assassinate former President George W. Bush. Shihab Ahmed Shihab Shihab has been charged …

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The Big Short” investor Michael Burry says 2022 is like “watching a plane crash

The Big Short” investor Michael Burry says 2022 is like “watching a plane crash

Michael Burry says 2022 is like “watching a plane crash In a since-deleted tweet, famed American investor Michael Burry issued an unsettling warning about a repeat of the 2008 meltdown, which he predicted would soon inflict even more pain on U.S. markets. Michael Burry, the founder of Scion Asset Management, …

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Rise in tourism, oil output to lift Saudi economy by 7% in 2022, outpacing other GCC nations: report

Rise in tourism, oil output to lift Saudi economy by 7% in 2022, outpacing other GCC nations: report

Saudi Arabia’s GDP would increase by 7 percent if tourism and oil production were combined. According to the World Bank research, the GCC’s economic recovery is due to the region’s widespread vaccination rollout, the relaxing of pandemic restrictions, and changes in the hydrocarbon market. According to the latest World Bank …

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World’s fastest passenger jet goes supersonic in tests

World’s fastest passenger jet goes supersonic in tests

Supersonic experiments on world’s fastest passenger aeroplane Meanwhile, Boom Supersonic, based in Colorado, has completed ground testing on X-B1, the prototype aircraft for its Overture jet, which is expected to fly on over 500 routes, mostly transoceanic, and profit from the aircraft’s Mach-2.2 speeds. Bombardier announced the introduction of its …

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UAE President and Dubai Ruler reveal major education overhaul to develop the sector

UAE President and Dubai Ruler reveal major education overhaul to develop the sector

UAE unveils major education changes with new ministers A number of new appointments have been announced, as well as the establishment of a federal body for education quality and standards. Sheikh Mohamed bin Zayed Al Nahyan, UAE President, and Sheik Mohammed bin Rashid Al Maktoum, Ruler of Dubai, have announced …

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All Cannes Film Festival Coverage

All Cannes Film Festival Coverage

Complete Coverage of the Cannes Film Festival The Cannes Film Festival, as the name recommends, is basically a series of movies. Going by the inclusion, one might be pardoned for believing it’s a design celebration.  India, also known as the ‘Country of Honour’ this year, has been commending the event …

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Starbucks will Exit Russia, Close 130 Cafes

Starbucks will Exit Russia, Close 130 Cafes

Starbucks exits Russia, closes 130 cafes Starbucks announced its exit from the Russian market on Monday, joining the likes of McDonald’s, ExxonMobil, and Netflix in leaving the nation following its invasion of Ukraine. According to CNBC, the coffee giant has 130 stores in Russia, which account for less than 1% …

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