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Donald Trump - Elon Musk - Musk confirms Twitter has become X.com - philstar.com - Usa - France - China - Eu - city Paris, France

Musk confirms Twitter has become X.com

PARIS, France — The social network formerly known as Twitter has fully migrated over to X.com, owner Elon Musk said on Friday.

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Citicore Renewable Energy sets IPO price at 30% discount - philstar.com - Philippines

Citicore Renewable Energy sets IPO price at 30% discount

Citicore Renewable Energy [CREC 2.70 pre-IPO] [link] advised the exchange that it has priced its IPO at P2.70/share, which is a 30% discount to the P3.88/share placeholder maximum price from its preliminary prospectus. This brings the maximum value of the IPO transaction to CREC’s shareholders down from P6.9 billion to P4.8 billion. The ~268 million shares in the overallotment option are secondary, so the proceeds of their sale will go to the selling shareholders and not to CREC.MB BOTTOM-LINE: The initial maximum value of the IPO from the preliminary prospectus is not important; it’s basically just a placeholder that they use to build out the offer and loosely ballpark an enterprise valuation. The real number – the one that they go ahead with at the IPO – is always going to come as a result of the underwriters working the phones with institutional investors and potential anchor investors. They don’t just pick a nice number out of the air that they think will sell the shares and give investors some upside. This is a number that will clear the board and sell all the shares. Full steam ahead for the May 27 offer start.  

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Michelle Lojo - Team Secret parts ways with Borkum; NDG put on reserve list - philstar.com - Philippines - city Berlin - city Manila, Philippines

Team Secret parts ways with Borkum; NDG put on reserve list

MANILA, Philippines – Team Secret, the lone all-Filipino team in the Valorant Champions Tour (VCT), has announced changes in their roster for the second split of the current VCT Pacific — Noel "NDG" De Guia moves to the reserve roster, while Jim "Borkum" Timbreza departs the team.

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OpenAI disbands team devoted to artificial intelligence risks - philstar.com - Usa - San Francisco, Usa - city San Francisco

OpenAI disbands team devoted to artificial intelligence risks

SAN FRANCISCO, United States — OpenAI on Friday confirmed that it has disbanded a team devoted to mitigating the long-term dangers of super-smart artificial intelligence.

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Jan Milo Severo - Deniece Cornejo - Kat Alano shares rape post after Vhong Navarro wins case vs Deniece Cornejo, others - philstar.com - Philippines - county Day - city Manila, Philippines

Kat Alano shares rape post after Vhong Navarro wins case vs Deniece Cornejo, others

MANILA, Philippines — Days after Vhong Navarro won his case against Deniece Cornejo, Cedrick Lee and two others, Kat Alano shared another cryptic post about rape. 

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Premium Leisure suspended after successful tender offer - philstar.com - Philippines

Premium Leisure suspended after successful tender offer

The PSE suspended Premium Leisure Corp [PLC suspended] [link] for a minimum public ownership violation after a successful tender offer by Belle Corp. [BEL 2.08, up 4.0%; 36% avgVol] took 6,172,192,242 shares of PLC off the market and reduced PLC’s public float to just 0.45%. BEL disclosed that it owns 99.55% of PLC’s outstanding shares after the tendered shares were crossed and settled. The tender offer price offered by BEL for PLC shares was P0.85/share, which was a 15% premium to PLC’s pre-announcement price, but was an 8% discount to the market price after traders learned of BEL’s intent to conduct a tender offer for PLC shares and delist the company.

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How do you decide what to cover? - philstar.com - Philippines - Usa - Australia

How do you decide what to cover?

This is just part of a larger question from reader crossco88 that I’d like to show in its entirety (edited for brevity) because I think the answer is important. Here goes:“Where do you get your information from? How do you decide which info to share with your readers? Like the Bank of Australia and Bank of England rates decision. What made you say that this information is relevant to share with your readers?” This is a great series of questions to ask of any information source.

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Brazil's Bolsonaro hospitalized for skin infection - philstar.com - Brazil - city Santa - city Rio De Janeiro, Brazil

Brazil's Bolsonaro hospitalized for skin infection

RIO DE JANEIRO, Brazil — Former Brazilian president Jair Bolsonaro said Sunday he had been hospitalized for a skin infection.

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