Tag: Bid
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Bugatti sells its last gas-powered hypercar for Rs2.97 billion, sets world auction record
At a Wednesday auction in Paris, Bugatti sold its final gas-only supercar for more than $10 million, breaking the previous record for a brand-new vehicle. The one-of-a-kind Bugatti Chiron Profilée, which was originally a unique development vehicle and was never intended for the market, sold at RM Paris collector auto auction for a bid of…
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First-generation Apple iPhone 2G set to sell for Rs1.36 crore at auction
Apple fans have the chance to own an original 2007 first-generation iPhone – if they are willing to pay the price. According to LCG Auctions, where the item is offered for sale, the original 2007 factory iPhone is likely to fetch an amazing $50,000 or more. It is still sealed and unopened in its factory packaging. The…
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Govt may add 9,000 MW solar energy to national grid as an alternative power source
The federal government intends to prioritise the addition of 9,000 megawatts (MW) of solar energy to the national grid. According to Express Tribune, the government may spend money on producing 6,000 MW of solar energy. A scheme to install 2,000 MW of solar photovoltaic (PV) power on 11 kV feeders is also being considered. The…
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Vintage camera auctioned for PKR 3.1 billion
Leica’s inventor Oskar Barnack’s camera was up for bids and was anticipated to bring in a nice little PKR 753 million ($3 million). The Leica 0-Series Model 105 owned by Barnack has now sold for PKR 3.1 billion ($15 million), that is five times the original bid making it the priciest camera ever sold. According…
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Elon Musk gets board approval for $44 billion Twitter deal
Twitter’s board of directors unanimously recommended Tuesday that shareholders support Elon Musk’s $44 billion acquisition of the company, according to a US Securities and Exchange Commission filing. Elon Musk, CEO of Tesla and SpaceX, agreed to buy Twitter in April. Still, the business mogul has faced numerous roadblocks in his pursuit of Twitter, but he…
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Elon Musk may takeover Twitter for $46.5 billion within this week
Twitter is in final talks to sell itself to Elon Musk, and a deal may be finalised within this week, according to insiders familiar with the situation, a startling turn of events just 11 days after the billionaire unveiled his $43 billion bid for the social-media business. According to the sources, the two parties negotiated…
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National awareness campaign launched to protect children against cybercrime
The Federal Ombudsman’s nationwide public awareness campaign aimed at educating the wider populace and relevant groups about the skills and methods needed to combat cybercrime against children is now in full swing. On Sunday, a representative for the Federal Ombudsman Office said that as part of the program, state-run broadcasting stations broadcast informational messages and…
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Elon Musk offers $43 billion to acquire Twitter
Elon Musk has submitted a takeover bid for Twitter, offering $54.20 per share, days after becoming the group’s largest shareholder. This is an offer worth more than $43 billion. According to a Securities and Exchange Commission (SEC) filing, Mr. Musk described this as a “best and last offer,” reflecting a 54 per cent premium over the…