Edge Of The World

On Friday, Tesla CEO Elon Musk announced on Twitter that Starlink, the satellite internet service launched by SpaceX, his space exploration company, has been approved in Nigeria and Mozambique. Starlink approved by Nigeria 🇳🇬 & Mozambique 🇲🇿 https://t.co/Q1VvqVmJ2i — Elon Musk (@elonmusk) May 27, 2022 According to reports, The Nigerian Communications Commission (NCC) also confirmed this announcement. This licensing follows a visit to Nigeria by the company’s team in May last year to discuss the possibility of obtaining a licence. Starlink which currently operates in 36 countries has over 400,000 subscribers around the world. “The company received two licenses, which include the International Gateway license and Internet Service Provider (ISP) license, and will be trading as Starlink Internet Services Nigeria Ltd. According to NCC, the International Gateway license has a 10-year tenure while the ISP license is to last for five years. Both licenses ta...

Elon Musk on Wednesday was cleared by a judge of wrongdoing in Tesla's 2016 purchase of SolarCity - a clean energy firm founded by his cousins. Musk, 50, was sued by Tesla shareholders over his decision to buy the struggling firm for $2.6 billion. They accused him of leaning on the board to buy the energy firm at a time when Musk's electric car firm was in a precarious financial position.  The shareholders were seeking $13 billion in damages. Yet on Wednesday a judge in Delaware ruled Musk did not unjustly enrich himself when he guided Tesla to acquire SolarCity Corp - a company founded in 2006 by his cousins Peter and Lyndon Rive, where Musk was chairman and the largest shareholder. SolarCity grew to have more than 15,000 employees at its peak in 2015, but slashed 22 per cent of its workforce the following year, as Musk bought the firm.  It has since been absorbed into the Tesla Energy brand, which raked in $801 million in 2021.   Musk's mother Maye and th...

The month-long saga of Twitter and Elon Musk has finally closed as Elon has eventually acquired the social media giant, Twitter. The story will be written in history books about how Elon went from being a shareholder to acquiring the entire company for himself. Sources reveal that Twitter has finally agreed to the deal, and Elon’s efforts never went in vain. Earlier this month, Elon backed down from his decision to join the company’s board of directors and instead decided to take the leap of faith. He offered to buy Twitter for $44 billion. From the rumors that Elon’s bid will never come out of the shadow to the company actually accepting the buyout, the journey was quite bumpy. The $44 billion deal will let Elon possess 100% of the company. The Twitter doors finally opened wide for Elon Musk. The rumors that were spreading like wildfire about Twitter that it is in its final stage to accept the deal has finally appeared true. Earlier today, Twitter was under immense pressure fro...