A2Z

Following the acquisition of microblogging company Twitter by global tycoon Elon Musk, radical changes are taking place in the app & web application. Twitter which was a ‘public’ company is being transformed into a private company. As the head of Tesla and SpaceX companies, Musk, the world's giant, has now added a new dimension to Twitter, with the potential to turn it into a brand image. Elon Musk has already announced on Twitter that he will fight for freedom of speech. Microbloggers' opinion was gathered on Twitter and put to a vote. The lion's share of netizens voted in favor of Musk's ambition. Freedom of speech on Twitter is information that will bring about huge changes in the way limited letters are used in each tweet. When the reign of Twitter began 16 years ago, only 71-100 characters were allowed in a single tweet. After that, it was increased to 208 characters. This year it has reached 280 characters. However, those who make big posts are doing two or th...

For a few days, Elon Musk and Twitter names echoed on social media. Finally, the board of Twitter has agreed to a $44bn (£34.5bn) takeover offer from the billionaire Elon Musk. Twitter Chief Executive Officer Parag Agrawal says that the process would take another 6 months to change the Twitter management. But buying Twitter showed a negative impact on Elon Musk’s Tesla share. The shares of Tesla plunged 12 percent on U.S. exchanges immediately after buying Twitter. Musk, who has been trying to buy Twitter for a long time, is believed to have plunged into Tesla's shares following the publicity surrounding the sale of his stake in Tesla to raise funds. In the wake of the Twitter purchase, shareholders sold their shares as a precautionary measure as the campaign to sell Tesla if necessary also intensified. Tesla has been in a bit of a predicament since Musk announced on Twitter that he had bought shares. Until then, the market value had plummeted to $ 275 billion. As Tesla's share...

When people are suffering from the Russian and Ukraine wars on one side and continuous increase in petrol prices, Indonesia announced bans on palm-oil exports. The decision will add fuel to fire and causes to increase in cooking-oil prices. Palm oil jumps almost 5% after top producer Indonesia said it would ban all exports of cooking oil, a move that threatens to worsen global food inflation. Indonesia took the drastic decision to check the soaring domestic prices that unrest the people in the country. Palm-oil ban decision would severely affect Food inflation. Indonesia is the world’s largest exporter of palm oil whereas India and China are major importers of palm oil from Indonesia. Indonesia's exports of palm oil and its derivatives usually amount to $3 billion a month. Malaysia is the second-largest supplier with about 25% of the global supply share. India can likely import 45% to 50% of Indonesian palm oil. Pakistan and Bangladesh import more than 80% of palm oil from Ind...

Netflix is the American subscription streaming Service Company. Netflix enjoyed a monopoly for more than a decade. People are enjoying the streaming on the OTT platforms in many nations. Whatever news you heard about Netflix becomes history. Now, the situation has changed. The OTT platform giant is losing its own subscribers with each passing day. As per the reports, Netflix lost 200K subscribers in Q1 of 2022 and is expected to lose 200K subscriptions by the end of Q2 in the year 2022. Netflix tanks 37% of its share in the stock market which was the worst after 2004. Netflix has enjoyed a great pandemic and made huge profits during the pandemic. It increased to 36 million subscriptions by the end of 2020 from 16 million during Q1 of 2020. What are the reasons for Netflix's downfall? There are some generic reasons like Netflix is facing stiff competition from the competitors and have not streamed quality programmes. But the main reason is the Russian invasion of Ukraine for the dow...

The government has decided to suspend stock market trading in Sri Lanka for a week from Monday. The troubled Lanka is not currently stranded. As the Sri Lankan government is in talks with the International Monetary Fund (IMF) this week, it remains to be seen to what extent it will help and do so. The same is now the big direction for the Rajapaksas, as criticisms of the IMF's behind the Sri Lankan economic sinking can only be offset by the IMF alone. The people are incensed at the Rajapaksas for doing so much injustice to the country and still clinging to power.  The Lankan family rule is now a stand-in for those who want to criticize the family rule as everything from the President to the Prime Minister is up for grabs. Citing the Lankan crisis to conclude that family rule is incompetent governance. Opposition parties have stated they will not run for office until the new parliament convenes. Anger among the people is more dangerous to the rulers than the opposition. It is ve...

Putin's war thirst is not quenched. Russia’s invasion of Ukraine could not stop the enlargement of NATO. Finland and Sweden are seriously debating applications for membership in the alliance and are widely expected to join. In particular, Finland is another European Nation that shares a land border with Russia that forcing the nation to prepare for war with Russia. Finland shares an 830-mile border with Russia. The prime ministers of Sweden and Finland said at a joint press conference they’re strongly considering joining NATO in response to Russia's invasion of Ukraine. Moscow has repeatedly said any expansion of NATO would be considered a "provocation" and warned there would be "consequences". Assuming the worst situation in advance, civilians in Finland are preparing to face Russia. Thousands of people are reaching out to the reserve forces for training. The country’s national reserves association has around 45k. Security forces have been trained on how to...

The world had seen a hyperinflation crisis in Zimbabwe in 2007. People spend bags of money buying necessities in the country. Then Zimbabwean President Robert Mugabe has blamed the crisis because of his decisions. That caused disarray among the people who rushed to the streets for their food. Similar incidents have been appearing in Sri Lanka. Shaken by the financial crisis, hundreds of protesters stormed the home of President Gotabhaya Rajapaksa in Colombo. They chanted slogans on a large scale demanding his resignation. They got into a scuffle with the police who tried to stop them.  Sri Lanka is reeling from the financial crisis as car darkness looms. The government imposes an emergency after violent protests occurred on March 31 st . People are suffering severely from power cuts for over 13 hours a day! Due to power cuts, transactions in the stock markets continue for only two hours a day. In order to save the available electricity, the country's electricity minister has a...